1.1ÌýÌýÌýÌý Introduction: overview of the domestic payroll system
With the growing presence of global corporations in India and Indian companies going global, there is an increased emphasis on human capital. This emphasis on human capital has resulted in organisations making substantial investment in their payroll process including their human resource policies and systems.
This work focuses on the payroll process in India. The aspect of taxability is examined only when it is most relevant.
Every business which employs either a single employee or a team of employees must process payroll
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