IT Payroll Services in Pune
📌 TL;DR - IT Payroll in Pune Services at a Glance
Payroll services for IT and software companies in Pune cover CTC structuring, flexi-benefit plans, ESOP/RSU perquisite TDS under Section 17(2)(vi), statutory deductions (PF, ESIC, Maharashtra PT, TDS), and multi-state compliance for hybrid workforces. Essential for IT firms, SaaS startups, and GCCs operating from Hinjewadi, Kharadi, Magarpatta, and Baner.
| Parameter | Detail |
|---|---|
| Governing Acts | EPF Act 1952, ESIC Act 1948, Income Tax Act 1961 (Sec 192, 17(2)(vi)), Maharashtra PT Act 1975, Code on Wages 2019 |
| Applicable To | IT services, SaaS startups, GCCs, product companies, BPO/KPO in Pune |
| Timeline | Monthly payroll within 3 days; PF/ESIC by 15th; TDS by 7th; ESOP TDS at exercise |
| Cost Starting From | Rs 5,000/month for up to 25 employees |
| Penalty | EPF: damages 100%; Late TDS: 1.5%/month; Late PT: 1.25%/month + 10% |
| Key Portals | EPFO, ESIC, TRACES for TDS, mahagst.gov.in for PTRC |
| Jurisdictional Office | EPFO Pune; Income Tax Office Pune; GRAS portal; ESIC Pune; RoC Pune |
Pune is India's second-largest IT hub after Bangalore, with over 800,000 IT professionals and 212+ software companies concentrated in Hinjewadi Rajiv Gandhi Infotech Park (Phase I-IV), Kharadi EON Free Zone (Broadcom, Honeywell, Veritas), Magarpatta Cybercity, and the Baner-Balewadi startup corridor. The city hosts 4,500+ active startups and major GCCs of Fortune 500 companies. Learn more about Payroll Services for IT/Software across India.
ESOP/RSU perquisite taxation under Section 17(2)(vi), Code on Wages 2019 (50% basic from November 2025), and multi-state PT for hybrid workforces add layers of payroll complexity that generic providers cannot handle. The EPFO Regional Office Pune oversees PF compliance while mahagst.gov.in handles PTRC. Patron Accounting's Pune office at RTC Silver, Wagholi delivers integrated IT payroll.
Content is reviewed quarterly for accuracy.
