Services

Payroll Outsourcing

As businesses across the globe are becoming more employee-centered, they are getting more sensitized than ever towards the needs of their employees. They consider employees to be their biggest strength, and employee satisfaction an asset for their growth. The decision to outsource payroll is one predominant step in this respect

Today, Spartan Technologies holds a recognition that speaks for itself and makes us a listed company among payroll outsourcing companies in Bangalore, and India. By hiring us, you are assured of some of the following advantages:
✔ You get precision in all dimensions of payroll management – right from monthly payroll generation to periodic reports.
✔ All of your queries get quickly resolved by our committed support executives.
✔ You can generate an accurate MIS as per your convenience.
✔ Your employees are never stuck up with computing taxes or for planning the year’s investments.
✔ We safely preserve all sensitive data about your organization. For that, we have implemented the highly prescribed operating procedures and advanced software
✔ You never risk missing out any regulatory or legal aspects of payroll management – as our payroll experts stay abreast with all updates on labour rules and other regulations.
✔ Your employees have access to all the essential details about their salary, tax deductions, perks, etc., online.
✔ Payroll Processing & Compliances
✔ Employee Query Resolutions
✔ Deliver monthly payslips comprising relevant details such as tax computation, deductions, arrears, etc.
✔ Choice of Flexi Benefit Plan for employees.
✔ Simplify the process of tax calculation and investment declaration online.
✔ Filing monthly, IT returns
✔ Generation of advice for Provident Fund, ESIC, Bonus, etc
✔ Generating Form 16 and 24Q as needed.
✔ Processing full and final settlements for applicable cases.

Challenges

Finding a capable payroll partner for business is a big challenge in Bangalore. For any type of business, small or medium size, payroll outsourcing is the most cost-effective way of running payroll management for all the employed staff.

Even the most meticulous and experienced professionals find that payroll can be a headache. Taking care of Tax filing requirements and managing the penalties involved can be quite a hassle.We at Spartan Technologies provides a perfect option for outsourcing the payroll.

Payroll processing is an essential aspect of every organization. Payroll is also crucial because payroll and payroll taxes considerably affect the net income for an employee.

Factors

Most of the small and mid-sized companies in Bangalore who want to concentrate on building and establishing their business can save their time and worries as well as money by Payroll Outsourcing. There are some factors which you need to consider while outsourcing Payroll processing in Bangalore. How much is the payroll management company charging for their services? What services are they covering in scope? They should include Monthly payroll processing, compliance management-PF/PT./ESIC/Taxation returns filling\other activities like full & Final settlement, investment proof checking and auditing, form 16 generation, default notice management received from the income tax department, etc. other than this, Employee data security is an essential aspect of Payroll outsourcing.

Why does your organisation need a legal compliance expert?
Payroll outsourcing services in Bangalore allow any organisation to find instant access to a statutory compliance specialist, and with it assures peace of mind that organisations need the most. The critical statutory compliance needs that are met with by outsourcing this services are:
✔ PT, PF, ESI
✔ Labour Law
✔ Shops and Establishments
✔ Trade Licences

Accounting Services & Accounts Outsourcing

In today's challenging business environment, an increasing number of companies are outsourcing their accounting services requirement to experts. An outsourcing partner Spartan Technologies can deliver superior results and minimize costs, while allowing you to focus on strengthening your core business areas.
Spartan Technologies offers a wide range of accounting services to ensure that you have tax-ready financial statements when you need them the most. By choosing us as your bookkeeping partner, you avail paper free bookkeeping and accounting solutions, professionally delivered with utmost security and confidentiality in the shortest turnaround time.

Our Services include:-

General Accounting and Bookkeeping Services - Day-to-day bookkeeping and preparation of monthly/ quarterly accounts. Our experts utilize popular Bookkeeping and Accounting Software platforms in Tally, to ensure data correctness and faster results.
Preparation of Financial Statements  Preparation of annual accounts for the statutory annual audit.
Our services include:
✔ Financial Reports
✔ Financial Statement Preparation
✔ Accounts Reconciliation
✔ Financial Budgeting
Preparation of Tax Returns - Preparation of periodic tax, GST and other returns. We also facilitate everything from tax processing and planning to filing, including tax returns preparation, quarterly returns and Annual Returns.

✔ Private Limited Company
✔ Limited Liability Partnership
✔ Partnership Firm
✔ Proprietorship Firm

Registrations
✔ Shops & Establishments Registration
✔ GST Registration
✔ PF Registration
✔ ESI Registration
✔ PT Registration
✔ FSSAI Registration
✔ MSME Registration
✔ Trade License
✔ Trust Registration

Statutory Filing
✔ GST Filing
✔ TDS Filing
✔ PF Returns Filing
✔ ESI Returns Filing
✔ PT Returns Filing
✔ Income Tax Filing

GST Registration

Under the new GST regime, all entities involved in buying or selling goods or providing services or both are required to register for GST. Entities without GST registration would not be allowed to collect GST from a customer or claim input tax credit of GST paid or could be penalised. Further, registration under GST is mandatory once an entity crosses the minimum threshold turnover of starts a new business that is expected to cross the prescribed turnover.
As per the GST Council, entities in special category states with an annual turnover of Rs.10 lakhs and above would be required to register under GST. All other entities in rest of India would be required to register for GST if annual turnover exceeds Rs.20 lakhs. There are also various other criteria's, that could make an entity liable for obtaining GST registration - irrespective of annual sales turnover. Entities required to register for GST as per regulations must file for GST application within 30 days from the date on which the entity became liable for registration under GST.

IT Returns

Income Tax Filing Penalty For Late Filing Income Tax Return Taxpayers who do not file their income tax return on time are subject to penalty and charged an interest on the late payment of income tax. Also, the penalty for late filing income tax return on time has been increased recently. The penalty for late filing income tax return is now as follows:
✔ Late Filing between 1st August and 31st December - Rs.5000
✔ Late Filing After 31st December - Rs.10,000
✔ Penalty if taxable income is less than Rs.5 lakhs - Rs.1000
Income Tax Return Due Date
The due date for income tax return filing is 31st July of every year for individual taxpayers. The due date for income tax return filing for companies and taxpayer requiring tax audit is 30th September. Section 44AD of the Income Tax Act deals with tax audit under Income Tax Act.

Firm & Company Registrations

✔ Proprietorship Company
✔ Partnership Company
✔ Private Limited Company
Proprietorship Registration
A sole proprietorship is a type of unregistered business entity that is owned, managed and controlled by one person. Most businesses in India start individually without other's participation. An individual carrying out business activities is the sole proprietor and its business entity is said to be a Proprietorship Firm.Sole proprietorship's are one of the most common forms of business in India, used by most micro and small businesses operating in the unorganised sectors. Proprietorships are very easy to start and have very minimal regulatory compliance requirement for started and operating.

Trade License Registrations

A place of business within a State, Corporation or Municipality will require a trade license from the concerned State Government or Corporation or Municipality for operating. Rules and regulations pertaining to trade license varies from state to state. Hence, to obtain trade license, the applicant must first understand the jurisdiction under which he/she is operating the business and the applicable Act.
In most states, the application for grant or renewal of license will be made to a Commissioner in the Corporation. The application must be made within 30 days of starting to operate a business. On applying with the required information and documents, the concerned Officer will ensure that the business is suitable for the purpose used, there is no possibility of danger or nuisance for any person around and issue the license. Trade license would normally be issued within a period of 7-15 days on submission of application.

Third Party Payroll / Deputation Services

Spartan Technologies Will Depute the Experienced Employees in our Client Companies under Spartan Payroll, We Depute Accounts Executives, Payroll Executives, HR Executives, HR Recruiter, Finance Exceutives, Accountant, MIS Executives, HR Generalist.

HR Outsourcing

We at Spartan Technologies are into HR Outsourcing,

The Need For HR Outsourcing The prime reason to sub-contract HR is to save on the rates of recruiting in-house employees when there is not enough work or task to rationalize it. It is a largely relevant issue for small businesses, who may still be crafting up their firm and focusing on making profits.
Most businesses also struggle to stay on top of the more professional facts of HR,. By HR outsourcing these tasks to consultants who have years of experience in such departments, employers can free up time to aim at forming their business profitable and reach new heights of success.
As many of these procedures are complicated, even well-experienced HR specialists may face a few difficulties in performing them. This is why it is essential to spend time and effort on a particular task without making costly errors. With the HR outsourcing ppt, you will allow your employees to focus on the firm’s core capabilities. You may even choose to outsource recruitment functions as the applicant search procedure can be a lot exhaustive.
Task Involved In HR Outsourcing There are a few factors that you need to look into before you decide what type of HR services you need outsourced. For that, you need to meet up with other company leaders and force rank priorities. However, here is the list of various tasks involved in HR outsourcing:
✔ Payroll administration
✔ Recruitment administration
✔ Onboarding and offboarding
✔ Performance Management Systems with KRA & KPI
✔ Health care Perks
✔ State compliances
✔ Expert growth, development and training

How To Avail To HR Outsourcing Services?

Before you go ahead with the further process of availing these services, it is essential to know the pros, cons, and risks involved in this complete process. A proper agreement between the HR provider and the company is highly important in order to clearly open out the responsibilities and expectations of both sides.
The contract may include: ✔ The names of both sides
✔ The dates from when the contract will start and when it will end (if needed)
✔ The certain tasks and functions carried out and provided by HR
✔ All the goals and objectives provided by HR outsourcing companies
✔ Maintain a set regular performance updates in order to review the improvement that may lead to the success of the partnership
✔ All the basic details of payment

Different Kinds Of HR Outsourcing

On-site: The HR specialist comes to take a look at your workplace in order to give face-to-face support and advice. This can be beneficial for a lot of sensitive’s problems like dismissing a staff member, but there can be extra prices involved.
Ongoing : To deal with constant recruitment or staff relations problems can bring a lot of stress on various aspects especially for small scale businesses. If you have support from ongoing HR outsourcing companies, then it will assist you in decreasing the pressure and stress by knowing exactly how to handle situations.
Remote : If you have HR experts that work from their own premises, then you won’t have to make any space or use any resources on them to work on-site. It also provides you access to HR experts from different companies within your reach.
One-off : At times, you may struggle in a particular field or have a small issue and wish to consult and get support from the external HR outsourcing services for a short period of time. It will clear up all the difficult issues and problems you’re facing in your business.
Advantages of HR Outsourcing
✔ It provides direct access to HR software
✔ It helps in enhancing the complete management information
✔ It covers everything that leads to more expertise in different areas.
✔ It offers reduced rates for helping in solving your HR related issues and problems.
✔ It involves less risk
✔ It boosts the process of recruitment