How to set up payroll

TDS 578 views 2 replies

hi

We have recently set up a PVT LTD Company.

There are 3 directors in the company. No employees.

We want to have the salaries for directors.

I want to know how to do this?

Is some pay roll set up needed?

And how to pay TDS. Can it be paid online?

I have absolutely no idea how to go about this.

Any information is greatly appreciated.

Thanks a lot

Siri

 

Replies (2)
See the provisions of income tax act, profession tax, service tax.
If u hv a CA who does ur accounts, then consult him on how to go about complying with payroll-centric law. If u r a small organisation, i dont think u will need some kind of seperate department for payroll.


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