It also includes some stages and has some pre- payroll activities. It also has some variable methods and they are payroll outsourcing, excel based payroll processing, and using payroll software. It also has some challenges as well.

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Introduction
It refers to the total amount of money that an employer pays to an employee. Payroll processing in Gurgaon includes the following:

Defining payslip components basic, variable pay, HRA, and LTA
Collection of other payroll inputs
Calculation of gross salary, statutory, and arriving at the next pay
Releasing employee salary
Due deposits like TDS, PF, etc
All in all, payroll processing in India can be said to include arriving at what is due to the employees, which is also called net pay.
Stages To Process Payroll
The entire process of payroll processing in India is divided into three stages:
Pre-payroll activities
It includes defining payroll policy, gathering inputs, input validation.
Actual payroll process
It includes payroll calculation.
Post- payroll process
It includes statutory compliance, payroll accounting, payout, reporting.
Challenges While Handling Payroll Process Management
The need to stay statutory complaint
Non-adherence to statutory laws can affect the fineness and penalities of the business.
Dependency on multiple payroll inputs sources
Before processing payroll, all the data is required to get collected from sources like attendance register, facility availed record, data from the HR team, etc

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