New Wage Code 2019 compliant CTC calculator, automated payroll processing, PF/ESIC/PT management, and full statutory compliance — all in one powerful platform.
Watch how HRSetu simplifies payroll management for Indian businesses
From CTC calculation to statutory compliance — fully automated
Excel-like CTC structure builder. Auto-computes Basic, HRA, PF, ESIC, Gratuity, PT — all 17 salary components from a single CTC input.
One-click monthly payroll. Draft → Process → Approve → Pay workflow with attendance integration, LOP deductions, and status stepper.
Configurable PF, ESIC, Bonus, Gratuity and PT rules per company. Assign profiles — rates flow into all calculations automatically.
Track salary revisions with percentage, type, and full audit history. Manage bonuses, awards, commissions per employee.
Complete F&F for termination and resignation. Pro-rata salary, leave encashment, gratuity, notice recovery — all automated with approval workflow.
Manage unlimited companies. Each gets own employees, payroll, statutory profile, and admin users. Complete multi-tenant data isolation.
Complete lifecycle — onboarding with CTC, photo, bank details, statutory IDs. Bulk CSV import. Department & designation management.
Export to Excel, print salary slips and CTC breakdowns as PDF. Dashboard with department-wise cost analysis, CTC distribution charts.
Upload monthly attendance via CSV or manual entry. Auto-calculate Loss of Pay. Attendance feeds directly into payroll processing.
Built for the New Wage Code 2019 and all major Indian statutory acts
12% employer + 12% employee. Configurable PF types (N/F/R) with wage cap at ₹15,000 or full basic salary.
epfindia.gov.in →3.25% employer + 0.75% employee. Applied when gross ≤ ₹21,000/month. CTC eligibility up to ₹41,800.
esic.gov.in →Minimum bonus at 8.33% of ₹15,200 (minimum wage). Applicable for employees with CTC ≤ ₹41,800/month.
labour.gov.in →4.81% of core wages (15/26 days per year). Payable after 5 years of continuous service.
labour.gov.in →State-wise slab-based deduction. Pre-configured for Gujarat, Maharashtra, Karnataka. February special slabs supported.
State Commercial Tax →Core wages ≥ 50% of CTC. Basic at configurable % with minimum ₹15,200. Full compliance check on every CTC computation.
labour.gov.in/codeonwages →
Join HRSetu today. Set up your company in 2 minutes, import employees, and run your first payroll.