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Payroll

One payroll run, every statutory figure.

PF, ESI, TDS and professional tax computed from salary structures, with challans and returns prepared after each run.

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The four deductions, spelled out

Rates and ceilings follow the current statutory schedule, kept current in the codebase as notifications are published.

  1. 01

    Provident fund

    12% of basic wages from the employee and the employer each, on wages up to the statutory ceiling.

  2. 02

    ESI

    Health insurance for employees below the wage threshold: 0.75% from the employee and 3.25% from the employer.

  3. 03

    TDS on salary

    Deducted under Section 192 at the slab rates in force, with investment declarations applied to the projection.

  4. 04

    Professional tax

    A state levy with its own slab; the schedule is applied for the state the employee works in.

How a payroll run works

Five steps, from structure to the filing documents. No payslip is typed by hand.

  1. 01

    Define salary structures

    Basic, allowances and perquisites per employee, with the statutory components attached once.

  2. 02

    Run the month

    Salaries computed from attendance and arrears on the run date, in one pass.

  3. 03

    Deductions applied

    PF, ESI, TDS and professional tax calculated per employee from the same structure.

  4. 04

    Payslips and challan data

    Slips generated for employees; PF ECR and ESI, TDS and PT challan figures prepared from the run totals.

  5. 05

    Returns assembled

    Monthly and quarterly filing figures assembled from what was already computed, not re-keyed.

Payroll, without the lookup tables.

Start free, define one salary structure, and run the month.

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