MegaMind Payroll

Payroll in India is a compliance discipline, not just a salary calculation. MegaMind Payroll is engineered for that reality: it computes salaries directly from biometric attendance and handles the statutory commitments — Provident Fund, ESI, professional tax and income-tax TDS — with rates and thresholds that are kept current.

The salary engine supports the full range of structures Indian companies actually use: fixed monthly salaries, daily wages, piece-rate and shift-based pay for factories, plus variable allowances and deductions. Each earnings and deduction head is configurable, and the system remembers historical rates, so a change in PF contribution or a new tax slab never requires re-programming.

Every month, attendance data flows in from biometric devices, applying shifts and OT automatically, and the payroll run converts it into net pay — with payslips generated in seconds. The same run produces the statutory outputs your accounts team needs: PF challan, ESI challan, professional-tax statements, Form 16 inputs and bank files for salary disbursal in multiple formats.

For auditors and ownership, the trail matters: each payslip line is traceable to the attendance, leave or policy behind it. Corrections are made in a controlled reprocess, not by editing figures in Excel. This is what turns payroll from a monthly scramble into a twenty-minute routine.