Find your employer of record in India

India famous place - EOR World Wide
India - EOR World Wide

India

currency

Indian Rupee (INR)

Currency

Payroll_Frequency

monthly

Payroll Frequency

Employer_Tax

0 to 16.75%

Employer Tax

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Overview

Capital

Currency

Date Format

Fiscal Year

Reviews

New Delhi

Indian Rupee (INR)

DD/MM/YY

April 1st-March 31st

0 / 5 Star (0 Reviews)

India famous place - EOR World Wide

Find your employer of record in India

India

currency

Indian Rupee (INR)

Currency

Payroll_Frequency

monthly

Payroll Frequency

Employer_Tax

0 to 16.75%

Employer Tax

Overview

Capital

Currency

Date Format

Fiscal Year

Reviews

New Delhi

Indian Rupee (INR)

DD/MM/YY

April 1st-March 31st

0 / 5 Star (0 Reviews)

0

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Overview

Indian Rupee (INR)

CURRENCY

New Delhi

CAPITAL

monthly

PAYROLL FRECUENCY

10

PUBLIC HOLIDAYS

0 to 16.75%

EMPLOYER TAXES

13TH / 14TH SALARY

The 13th Salary in this region is usual and typically given at the end of the year.

Employee and employeer taxation in India

Employer

Company Payroll Contributions



0% - 12%

Employee Pension Scheme (EPS) and Employee’s Provident Fund (EPF) (EPS). Mandatory for businesses with more than 20 workers and a monthly pay cap of 15,000 Indian rupees

0% - 4.75%

Employee State Insurance (ESI). Obligatory for workers with more than 10 workers



0% - 16.75%

Total Employment Cost

Employee

Company Payroll Contributions



0%- 12.00%

Employee Pension Scheme (EPS) and Employee Provident Fund (EPF) (EPS). Mandatory for businesses with more than 20 workers and a monthly pay cap of 15,000 Indian rupees

0%- 1.75%

Employee State Insurance

0%- 4.00%

A health and education tax (levied at a rate of 4.00% on the sum of income tax + surcharge) is also obligatory.


0% - 17.75%

Total Employee Cost



Employee Income Tax in India

Worker Income Tax

0.00%

0 INR – 2,50,000.00 INR

5.00%

2,50,000.00 INR – 5,00,000 INR

10.00%

5,00,001 INR – 7,50,000 INR

15.00%

7,50,001 INR – 10,00,000 INR

20.00%

10,00,001 INR – 12,50,000 INR

25.00%

12,50,001 INR – 15,00,000 INR

30.00%

More than 15,00,001 INR

India famous place - EOR World Wide
India famous place - EOR World Wide
Minimum Wage in India
General

The minimum wage in India go around 5,340 INR monthly. To provide payments, a Professional Employment Organization or an Employer of Record that provide global payroll outsourcing is the best option.

$64.91 Minimum Wage per month

India famous place - EOR World Wide

Payroll Contributions in India

Payroll Cycle

In India, the payroll cycle is typically monthly, with wages in place on or after the 28th of every month. Payroll outsourcing for Indian companies can be of great help for businesses that have a big workforce.

13th Salary

In India, the 13th salary is usually mandatory and is compensated as a fraction of the annual salary within 8 months of the completion of the fiscal year. A Professional Employer Organization or an Employer of Record in India can help companies with their payroll outsourcing services.

Employee Benefit in India

Employees benefits include, meals, a wellness allowance, and a work from home allowance.

Visa and work permit in India

In India, there are primarily two sorts of visas: business visas (which allow for stays of up to six months in India for the purpose of conducting business for a non-Indian firm) and employment visas. For foreigners traveling to India for employment, a visa is needed. The maximum duration of this visa type is five years.


However, if the contract of employment is longer than that, an extension must be in place prior to the expiration of the visa. Additionally, this visa provides the opportunity for longer-term residence and employment in India. Visa requests must be submitted in the applicant's home country.


In India, there are primarily two sorts of visas: business visas (which allow for stays of up to six months in India for the purpose of conducting business for a non-Indian firm) and employment visas. For foreigners traveling to India for employment, a visa is needed. The maximum duration of this visa type is five years.



VAT in India

In India, the usual VAT rates are 18.00% and 12.00%, while the low rate is 5.00%. To keep tax compliancy, an Employer of Record in India is the best alternative.

Working Hours in India
General

The basic workweek is 48 hours long, with nine hours per day. To abide by this guideline according to the Labour Law, companies can hire an EOR in India.

Overtime

Overtime is paid for all hours worked in excess of the regular 48 hours per week and is governed by employment contracts, which are typically calculated at 200% of the usual pay rate. When companies hire employees in India to work overtime, they must acquire PEO services in India to keep track of their payments.

Working Week

From Monday to Saturday.

Employee Termination in India
Termination Process

In India, the process of terminating an employee is conventional, and notice periods are necessary unless an employer can show that there is good reason to terminate an employee immediately owing to misconduct, disobedience, a lack of skill, disregard of tasks, or absence without authorization.

Notice Period

Severance compensation in India is determined by a number of elements, including as the provisions of the contract of employment, the employee's position and responsibilities, and the cause for termination.

Severance Pay

Severance compensation in India is determined by a number of elements, including as the provisions of the contract of employment, the employee's position and responsibilities, and the cause for termination.

Probation Period

According on the employee's seniority and role, Indian probation periods typically range from three to six months

Employee Leaves in India
Paid Time Offs

The employment contract in India stipulates that employees must receive at least 15 days of paid vacation every year. Once the 240 days of service are up. However, it is customary to incorporate additional leave days and restrictions on how many can be transferred to the next year in the contract. To maintain productivity, all requests for paid time off must be submitted at least 15 days before they are needed and authorized by the manager, works committee, and employer.

India famous place - find your EOR
Public Holidays

There are 10 national holidays throughout the year.

Vacation Holidays

There are 20 vacation holidays throughout the year.

Sick Days

Workers who have been with the company for at least three months are eligible to 15 days of sick leave pay every year and must submit a health certificate in under 48 hours of the initial day of sickness. The sick pay rate is set at 70% of the normal daily salary rate.

Paternity Leave

For their first 2 kids, eligible expecting mothers are eligible to 100% of their normal income rate for 26 weeks; this benefit is reduced to 12 weeks for any further children. The worker must have been in the company for the employer for a minimum of 80 days in the 12 months prior to the anticipated due date in order to be eligible. To maintain these employee benefits in place, firms can partner with an Employer of Record in India.

Paternal Leave

There are no mandatory parental leave laws.

Other Leave

Parental Leave There are no mandatory parental leave laws. Other Leave Other leave benefits and policies go according to each state.

Maternity Leave in India

For their first 2 kids, eligible expecting mothers are eligible to 100% of their normal income rate for 26 weeks; this benefit is reduced to 12 weeks for any further children. The worker must have been in the company for the employer for a minimum of 80 days in the 12 months prior to the anticipated due date in order to be eligible. To maintain these employee benefits in place, firms can partner with an Employer of Record in India.

There are 80 leave throughout the year.

India famous place - find your EOR

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