PAYROLL & TAX ENGINE

PayrollFlow

Start each payroll cycle with a simple review. The system automatically calculates working days, half days, leaves, overtime, paid and unpaid leave, and other applicable adjustments for every employee. Approved expenses are also included automatically, so the final salary reflects everything that needs to be paid. Once the payroll is reviewed and finalized, the salary is locked to prevent unwanted changes. Employees receive a clear salary slip with company details, employee information, department, branch, working days, attendance, leave, overtime, expenses, salary breakdown, deductions, and final payable amount. Everything is calculated in one place, reducing manual work and keeping payroll accurate.

Payroll Processing Overview

Start each payroll cycle with a simple review in Vanavya HRMS. The system automatically calculates working days, half days, leaves, overtime, paid and unpaid leave, and other applicable adjustments for every employee. Approved expense reimbursements are also included automatically, so the final salary reflects everything that needs to be paid accurately.

Once the payroll is reviewed and finalized, the salary run is locked to prevent unwanted changes. Employees receive a clear salary slip with company details, employee information, department, branch, working days, attendance, leave, overtime, expenses, salary breakdown, deductions, and final payable amount. Everything is calculated in one place, reducing manual work and keeping payroll accurate.

Salary Structures & Statutory Tax Deduction Engine

Configure customizable salary templates with Basic Pay, HRA, Special Allowance, Conveyance, Medical Allowance, Variable Pay, and Festival Bonuses. The built-in compliance engine automatically computes Indian statutory deductions including Provident Fund (PF), Employee State Insurance (ESI), Professional Tax (PT), and Tax Deducted at Source (TDS) under both Old and New tax regimes.

Digital PDF Payslips & Direct Bank Payout Disbursal

Generate password-protected digital PDF payslips detailing earnings, deductions, net payable amounts, and year-to-date tax summaries dispatched directly via email.

After finalizing payroll, HR admins can export pre-formatted bank advice files for major Indian banks (HDFC, ICICI, SBI, Axis Bank, etc.) for direct 1-click batch salary disbursements.

Form 16 & Government ECR File Exports

Employees submit investment declarations (Section 80C, 80D, HRA) and download annual Form 16 tax certificates online through their self-service portal. HR admins can export government-compliant ECR text files and ESI monthly challan statements ready for direct portal upload.