Payroll Outsourcing

We can provide a complete payroll management and processing services to our clients. Our service in order to reduce their operational cost by outsourcing their non-core activities, some clients prefer to keep payroll related information confidential from the internal employees. More importantly, there are list of administrative and legal requirements that comes along with having an employee in a company, on all of which Karmakar & Associates can assist clients either on advisory or execution basis.

Entrusting the matter to us also reduces the risk of non-compliance. This is specially so in a country like Bangladesh to comply employee tax and reporting is becoming critical across the organization.

Our services include:

• Monthly Payroll calculation and processing.
• Employee salary structuring according to tax law. 
• Filing of monthly and annual salary TDS statements.
• Employee Self-Service Portal.
• Employee payroll data maintenance on cloud-based payroll system.
• Employee contract formulation.
• Company handbook or rule book creation.
• Labor Act compliance.
• Provident Fund & Gratuity Fund Management.