Tax & Statutory Compliances

MPM, which makes employee data management easier, helps to ensure that all the statutory components and deductions are captured. It also helps the employer to arrive at the total cost to the company calculation for each employee. All the component calculations can be defined in a very flexible manner in the salary structure creation.

Employee TDS (Tax Deducted at Source) declarations are captured through ESS portal and it automatically reflects in the salary processing. All indirect benefits in to the employees like Employer contribution to insurance, pension and provident fund are captured in the reports and it is also made sure that the employees are aware about it.