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BizzFieldPayroll

STATUTORY & TAX

Gratuity Management

Eligibility, accrual and payout computed on the statutory formula at exit.

9Capabilities in Statutory & Tax
35Payroll Features
6Industries Served

IN SHORT

What is gratuity management?

Gratuity Management

Eligibility, accrual and payout computed on the statutory formula at exit.

Statutory & Tax

PF, ESI, professional tax, income tax and the returns each one expects.

THE PROBLEM

What breaks without gratuity management

These are the failure modes Indian payroll teams report most often when this is handled on spreadsheets.

  • Gratuity liability is unknown until someone resigns.

  • Eligibility is judged by memory rather than by continuous service records.

  • The payout formula is applied inconsistently across exits.

  • Transfers between group entities break continuity of service.

HOW IT WORKS

Gratuity Management inside a BizzField pay run

Where this sits in the five-step cycle, and what it produces.

Eligibility tracking

Continuous service computed from joining and transfer records.

Accrual visibility

Accruing liability visible before an exit, not discovered at settlement.

Settlement integration

Computed gratuity flows into full and final settlement automatically.

BUILT FOR INDIA

Indian statutory rules, applied automatically

Provident fund, employee state insurance, professional tax and income tax are calculated to current rates and wage ceilings, and follow the employee's actual work location.

PF wage ceiling

Employee and employer provident fund computed on basic wages, respecting the statutory monthly ceiling.

ESI eligibility

Applied to employees under the gross wage limit, with contribution-period rules handled across the cycle.

State-wise PT

Professional tax slabs resolved by work location rather than by registered head office.

TDS & Form 24Q

Projected annual tax spread across remaining months, with quarterly Form 24Q output.

QUESTIONS

Gratuity Management, answered

Gratuity is generally payable on completion of five years of continuous service, with statutory exceptions. BizzField computes continuous service from joining and transfer records.

The statutory formula is based on last drawn wages and completed years of service. BizzField applies the current formula rather than a stored figure.

Yes. Edits, overrides, approvals and reversals are written to an immutable audit log against a named user and timestamp, so a closed cycle can always be explained.

BANKING & COMPLIANCE CONNECTIVITY

Corporate Bank Payouts & Accounting Sync for Gratuity Management

Connect monthly pay runs directly to corporate bank transfer files and General Ledger exports — no manual downloads or format conversions.

BANK CONNECTIVITY

1-Click Corporate Bank Salary Transfer

Key Capabilities

  • HDFC merged upload & ICICI iMobile Pay formats
  • SBI CINB SFTP format & Axis corporate portal
  • Kotak Mahindra Bank batch disbursement support
  • 1-click generation after CFO pay run approval

Generate salary payout files formatted to the exact specifications of HDFC, ICICI, SBI, Axis, and Kotak corporate banking portals. Upload and disburse salaries in a single action after pay run approval.

STATUTORY & ACCOUNTING

EPFO ECR Filing & Tally GL Journal Export

Key Capabilities

  • EPFO ECR file with UAN, EPF & EPS per employee
  • ESIC portal challan file generation
  • Tally Prime XML voucher export on pay lock
  • Form 24Q NSDL quarterly TDS return file

After each locked pay run, BizzField generates the EPFO ECR text file for provident fund challan submission and a structured GL journal voucher file for Tally Prime, Busy, and Zoho Books.

ENTERPRISE SAFEGUARDS

Bank-Grade Data Privacy & DPDPA 2023 Readiness

Every salary record, bank payout file, and tax declaration is encrypted using AES-256 and hosted on sovereign Indian cloud infrastructure.

DATA PRIVACY

India DPDPA 2023 Data Residency

Key Capabilities

  • All payroll data on India-localized cloud servers
  • Employee consent tracking & audit trail
  • Self-serve data erasure on employee exit
  • Automatic data retention policy enforcement

All employee financial records, bank account numbers, PAN/Aadhaar identity data, and tax submissions are stored exclusively on India-localized cloud servers with full consent audit logs.

ACCESS CONTROL

Server-Scoped Roles & AES-256 Encryption

Key Capabilities

  • Database-level RBAC, not just UI-level flags
  • AES-256 at-rest encryption for all payroll data
  • Immutable read-access log per record
  • Zero cross-department salary data leakage

Role-based access is enforced at the database query level — HR managers, finance teams, and accountants only see the payroll records they're authorized to process, with no cross-team leakage.

See gratuity management on your own payroll data

Book a walkthrough with our Kanpur-based payroll team and run a sample cycle on your own salary structure.