Ultimate Payroll Management with Income Tax & Year-End 23-24

Course curriculum updated in November 2023.

Transform your Career with Basic to Advanced concepts, calculations and practical guide with this Ultimate Certification course (Level 1, 2 and 3) in:

• Compensation &, Benefits Management

• End to End Indian Payroll Management in Excel

• Reimbursements Management

• Statutory Compliances (Payroll related)

• Step by Step Income Tax Calculation on Salaries and Year Ending Process in Payroll, including New Regime and Old Regime

• Indian Income Tax and Year Ending Activities in Payroll (Employees Investment Declaration, Proofs collection, Tax finalization & TDS, etc.)

for Human Resources, Payroll Accounting, Finance, Statutory Compliances, Accounting,  Management, Company / Firm Owners and other Professionals / Students.

Key Benefits of Joining this Ultimate & Comprehensive Course:

1. Learn from Scratch from Industry Experts and Become an Expert. Covers Beginner to Advanced Level Topics.

2. Get Ready-To-Use End To End Salary Calculation Template in Excel for Free with this course.

3. Downloadable PDF materials for most of the topics.

4. Assignments and Practice sheets, Based on Real-time Industry Practices used by practitioners in companies.

KEY LEARNING OUTCOMES FROM THIS COURSE, TO MAKE A CAREER PROGRESSION IN COMPENSATION & PAYROLL MANAGEMENT:-

1. Compensation and Benefits Management Concepts:

Understand Concepts & Objectives of Compensation Management.

How Compensation Policies are framed & equity theory. How to ensure Equity in Compensation.

Job Evaluation methods & compensation differentials used to fix the pay ranges: Ranking, Classification / Grading, Factor Comparison, Point Method, etc.

2. Compensation / Salary Structuring & Design:

Learn Compensation Structuring:  Design different CTC Structures on Excel : Fixed CTC, Flexi CTC.

Get acquainted with Concepts of Payroll Management, Most Payroll / Salary heads used in Indian Payroll and apply them.

Understand Attendance Cycle & Pay Cycle.

3. End to End Payroll Management / Salary Calculation & Concepts in Excel: 

Calculate Payslip in Excel using different salary ranges.

Prepare End to End Payroll Reports: Salary Register / Salary Statement for bulk employees in an organization using MS-Excel.

4. Statutory Compliances (Payroll Related):

Get hands-on exposure to Statutory Compliance Calculations: PF, ESIC, PT, LWF

Gratuity, Leave Encashment, Statutory Bonus, NPS, etc Calculations

5. End to End Income Tax (Indian) on Salaries:

Calculate Complete Income Tax on Salaries: Total Income, Taxable Income and TDS. Understand Form16 and more.

Understand different Indian Income Tax (2023-24) Sections, Exemptions and Deductions from Salary.

6. Perquisites Concepts & How they are calculated:

Perquisites Calculation: Accommodation, Car, Driver, Meal Voucher, Superannuation, NPS, etc.

7. Payroll Year Ending Activities guide:

Year Ending in Payroll and Income Tax: Investment / IT Declarations from Employees, Investment Proofs collection at year-end, etc.

Payroll Process Flow & Payroll Outsourcing Process Flow Concepts and more.

Why you must enroll in this course? : –

• This course is completely beginner-friendly and most simplified in nature.

• Having some Excel knowledge can help, but not mandatory, as we have included Excel Basics tutorials as well.

• The curriculum is Industry and Job Oriented, updated as on date (Indian).

• Practical in nature, you can straightaway work on our Case Studies in Excel to gain hands-on skills.

• Includes Downloadable Excel case studies, practice sheets and PDF Materials.

• A comprehensive course covering a variety of Topics.

• Course Faculty has hands-on Industry expertise (12+years) and has trained more than 2800 students so far, including Online and Offline training programs.

If you are puzzled on any of the given topics while going through the course, drop in your questions and we’ll be happy to answer them for you!

For those Already Enrolled in ‘Ultimate Human Resources: HR Generalist with Payroll’ course :-

This course intends to provide an end-to-end, comprehensive guide on the topics of 1. Compensation, 2. Benefits, 3. Payroll Management, 4. Indian Income Tax, 5. Year Ending Activities & Investment Proof collection.

How is this course different from the Ultimate HR Generalist course?

The Ultimate HR generalist course features Level 1 Compensation, Benefits & Payroll Management Topics. Some of the Level 2 & Level 3 topics covered in this course are as below: 

Determining Salary Ranges using Job Evaluation Methods, Ensuring Equity in Compensation, End to End Payroll Management (Level 2 & 3) in Excel for Bulk Employees using Excel Formulas, Income Tax end to end calculation on Payroll heads & income from salaries, TDS Calculation, Income Tax calculation, Year Ending Process including Investment & IT Proofs, Perquisites Concepts & Calculations.

Enroll now and get started on the learning journey towards becoming a certified expert in the Compensation, Benefits, Payroll, Income Tax and Year-ending process now!

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