Payroll Cycle

A leave management system helps track time-off requests, approvals, leave balances, and policy rules — all in one place, without chasing emails.

Payroll software calculates salaries, handles tax deductions, generates payslips, and keeps you compliant — so your HR and finance teams don’t have to do it all manually.

CTC is short for Cost to Company. It includes everything you spend on an employee — from salary and bonuses to PF, insurance, and gratuity.

TDS is tax your company deducts from employee salaries based on income. It’s deposited with the government and recorded in Form 16.

ESI helps eligible employees get medical benefits, paid leave during illness, and maternity support — with monthly contributions from both sides.

PF is a savings fund that builds over time. Employers and employees contribute monthly, and the amount grows with interest until retirement or withdrawal.

Gratuity is a one-time amount paid to employees who leave after 5+ years. It’s calculated based on last drawn salary and years of service.