India's Smartest Payroll & Compliance Platform

New Wage Code 2019 compliant CTC calculator, automated payroll processing, PF/ESIC/PT management, and full statutory compliance — all in one powerful platform.

17+
Salary Components
100%
Wage Code Compliant
5
Statutory Acts
Employees

See HRSetu in Action

Watch how HRSetu simplifies payroll management for Indian businesses

Everything You Need for Payroll

From CTC calculation to statutory compliance — fully automated

CTC Calculator

Excel-like CTC structure builder. Auto-computes Basic, HRA, PF, ESIC, Gratuity, PT — all 17 salary components from a single CTC input.

P

Payroll Processing

One-click monthly payroll. Draft → Process → Approve → Pay workflow with attendance integration, LOP deductions, and status stepper.

S

Statutory Profiles

Configurable PF, ESIC, Bonus, Gratuity and PT rules per company. Assign profiles — rates flow into all calculations automatically.

I

Increments & Incentives

Track salary revisions with percentage, type, and full audit history. Manage bonuses, awards, commissions per employee.

F

Full & Final Settlement

Complete F&F for termination and resignation. Pro-rata salary, leave encashment, gratuity, notice recovery — all automated with approval workflow.

M

Multi-Company

Manage unlimited companies. Each gets own employees, payroll, statutory profile, and admin users. Complete multi-tenant data isolation.

E

Employee Management

Complete lifecycle — onboarding with CTC, photo, bank details, statutory IDs. Bulk CSV import. Department & designation management.

R

Reports & Export

Export to Excel, print salary slips and CTC breakdowns as PDF. Dashboard with department-wise cost analysis, CTC distribution charts.

A

Attendance & LOP

Upload monthly attendance via CSV or manual entry. Auto-calculate Loss of Pay. Attendance feeds directly into payroll processing.

Indian Labour Law Compliance

Built for the New Wage Code 2019 and all major Indian statutory acts

EPF — Employees' Provident Fund

12% employer + 12% employee. Configurable PF types (N/F/R) with wage cap at ₹15,000 or full basic salary.

epfindia.gov.in →

ESIC — Employees' State Insurance

3.25% employer + 0.75% employee. Applied when gross ≤ ₹21,000/month. CTC eligibility up to ₹41,800.

esic.gov.in →

Payment of Bonus Act, 1965

Minimum bonus at 8.33% of ₹15,200 (minimum wage). Applicable for employees with CTC ≤ ₹41,800/month.

labour.gov.in →

Payment of Gratuity Act, 1972

4.81% of core wages (15/26 days per year). Payable after 5 years of continuous service.

labour.gov.in →

Professional Tax

State-wise slab-based deduction. Pre-configured for Gujarat, Maharashtra, Karnataka. February special slabs supported.

State Commercial Tax →

New Wage Code 2019

Core wages ≥ 50% of CTC. Basic at configurable % with minimum ₹15,200. Full compliance check on every CTC computation.

labour.gov.in/codeonwages →
HRSetu

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