India-native entity Foo Falcon Tech Pvt Ltd ยท CIN U72900KA2022PTC163007 47 engineers paid ยท Apr 2026 14 US/UK companies on the entity 0 notices since founding 4 yrs on the books 5-day contractual Go-Live SLA $149/employee/month ยท first month free PF ยท ESI ยท S&E across all 28 states + 8 UTs Income Tax Act 2025 ยท Form 130 ready DPDP Act 2023 ยท 24-hr breach SLA
India Payroll ยท Compliance calculation ยท Versatile

India payroll ยท Compliance calculation.

Versatile computes every statutory deduction monthly on every payslip. PF, ESIC, professional tax, TDS, gratuity, surcharge, cess. Slab-aware, regime-aware, state-aware. Audit-grade math.

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4 yrs On the books
47 Engineers paid ยท Apr 2026
14 US/UK companies on the entity
0 Notices since founding
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Used by 59 companies hiring engineers, designers, and operators in India

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Compliance calculation is twelve statutory items, every month.

India payroll compliance is not a single formula. It is twelve statutory items computed on different bases at different rates, with state-specific variants and annual recalibration at Form 16 cycle. Versatile's payroll engine computes every item on every payslip and stores the computation evidence for audit walkthrough.

PF / EPFO, 12% ร— basic + DA

Computed on basic + dearness allowance. Employee and employer contributions logged. Filed by 15th via Versatile EPF Trust ECR.

ESIC, eligibility-aware

0.75% employee + 3.25% employer for gross under โ‚น21K. Re-checked on every revision. Eligibility evidence stored per payslip.

Professional tax, state-specific

Karnataka โ‚น200/mo. Maharashtra slab-based. Tamil Nadu semi-annual. Each computed against the specialist's working state.

TDS, regime-aware slabs

New Regime vs Old Regime per specialist's Form 12BB election. Slab-wise monthly. Quarterly Form 24Q reconciliation.

Gratuity accrual, 4.81% ร— basic

Monthly accrual into LIC group gratuity policy. Continuity preserved on EOR-to-entity transition.

Surcharge + cess, high-earner bands

Surcharge at โ‚น50L (10%), โ‚น1Cr (15%), โ‚น2Cr (25%), โ‚น5Cr (37%). Health and Education Cess at 4% on top.

ItemVersatile handles
Computation cadenceEvery payslip, monthly
Audit trailComputation evidence stored per item per specialist
Annual reconciliationForm 16 by 31 May, cross-checked against Form 26AS
Slab table updatesVersatile pushes within the same payroll cycle
CostIncluded in $99-$399 PEPM

Compliance calculation, audit-grade.

Versatile Employer of Record ยท $99-$399 PEPM all-in ยท Audit-grade documentation

Map your India payroll โ†’

Same India operation. Different angle.

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Questions we hear most.

How does Versatile handle mid-year tax slab changes?
Versatile updates the slab table within the same payroll cycle the change is notified. Pre-update payslips for the year are re-computed at Form 16 cycle to true up the TDS liability.
Yes. Every payslip distributed via the secure Versatile portal shows the line-by-line statutory deduction with computation basis (basic vs gross, slab applied, regime elected).
Versatile re-runs the computation against the Form 12BB declaration on file. If the declaration is wrong, the specialist updates it; the recomputation flows into the next payslip and Form 16. No back-and-forth needed.
Yes. Statutory records (Form 16, PF challans, TDS challans) are kept for seven years for income tax and eight years for PF, per regulatory retention rules.

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$99-$399 ยท per employee ยท per month 5 day onboarding SLA 0 setup or exit fees 1st month free 59 companies served