Vakilsearch Launches Affordable Payroll Solutions for Small Businesses

Vakilsearch, one of India’s foremost online legal service providers, today introduced Payroll Management Services to its portfolio. With this newly-launched offering, businesses with up to 30 employees will, for the first time, have access to affordable payroll solutions, from employee record maintenance to IT service filing.

Vakilsearch enjoys a formidable position within the legal services domain, with close to 3% of Indian company registrations, by consistently delivering value to its customer base. With the introduction of payroll solutions, Vakilsearch has added significant heft to its existing portfolio.

Speaking on the launch Hrishikesh Datar, Founder, Vakilsearch, said, “Given our extensive reach, we felt the time was ideal to introduce Payroll Solutions to our portfolio and offer further support to our clients’ business.”

The payroll service has been designed keeping in mind the requirements of small organisations. The Startup Package (up to nine employees) includes employee compensation structure creation, employee record maintenance, monthly salary slip generation, standardised employment agreement, and IT filings. The other customised option will be an enterprise package (fewer than 30 employees) that will include additional services such as ESI & PF registration and monthly filings as well as TDS computation. Vakilsearch also offers a tailored plan for businesses with over 30 employees, available on special request.

“Payroll management is a fundamental requirement for the smooth functioning of any business and we will look to bring transparency, ease and efficiency to this business function with the help of our in-house expertise. We strive to provide the best possible service and aim to create affordable and convenient options for startups and businesses. We have already received an encouraging responses during the beta phase and hope to keep the momentum high with the rollout,” added Hrishikesh.

Earlier this year, Vakilsearch had introduced the EMI option for their customer using services across India.