Payroll Software for India — PF, ESI & TDS Automated
Peymatrix handles every India-specific payroll requirement — from EPF and ESIC contributions to TDS deduction and Form 16 generation — so your HR team can run payroll accurately in minutes, not hours.
What is payroll software for India?
India has a complex statutory payroll framework. Employers are required to deduct EPF, ESIC, TDS, and Professional Tax from employee salaries each month and remit these to the relevant authorities within strict deadlines. Missing a deadline or applying the wrong deduction rates results in penalties and regulatory notices.
Payroll software for India automates all of this. It maintains the latest statutory rates, applies the right deductions per employee based on their salary, location, and eligibility, generates the required government files, and produces payslips — all in one workflow.
How Peymatrix handles India payroll
Key capabilities
- One-click payroll run — process all employees in a single action
- EPF and ESIC contribution calculations with challan-ready output
- TDS (Section 192) deduction based on estimated annual income
- Form 16 (Part A & B) generation for all employees
- Form 10E calculation for relief under Section 89(1)
- Professional Tax deduction — state-wise slab configuration
- Salary slip generation and delivery every pay cycle
- Salary revision history with effective-date tracking
- POSH compliance tracker
Frequently asked questions
Start running India payroll on autopilot
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