How long does a payroll run take in HRMagix?

A complete monthly payroll can be executed in under 3 minutes.

Does HRMagix calculate EPF and ESI automatically?

Yes. EPF is calculated with the 12% wage ceiling and ESI with the ₹21,000 threshold, automatically.

Is Professional Tax handled for multiple states?

Yes. Multi-state Professional Tax is calculated automatically.

How does HRMagix handle TDS on salary?

It compares the dual tax regimes under Section 192 and exports quarterly Form 24Q.

Can I generate bank transfer files for salaries?

Yes. One click generates bank payment batch files formatted for NEFT, RTGS or IMPS.

Does it produce ECR files for EPFO and ESIC?

Yes. It creates electronic challan receipt (ECR) files for the EPFO and ESIC portals.

Does attendance feed into payroll?

Yes. Loss-of-pay is auto-calculated from attendance and fed into the monthly payroll.

Where is payroll in the HRMagix app?

Payroll has its own area in the app's main navigation, covering the monthly run from salary structure to payslip.

Payroll Module: HRMagix Feature

Payroll

Execute complete monthly payroll in under 3 minutes with 100% statutory precision and bank transfer batch files.

Book a demo Read the full payroll page

Core capabilities: 3
Module group: Payroll
Related questions: 6
Modules on one record: 12

What it does

Payroll, capability by capability

01
Automated EPF (12% wage ceiling), ESI (₹21,000 threshold), and multi-state PT
02
TDS Section 192 dual tax regime comparison with quarterly Form 24Q export
03
One-click bank payment batch file generation (NEFT/RTGS/IMPS formatted)

Statutory link

Direct electronic challan receipt (ECR) files for EPFO and ESIC portals

In the HRMagix app

Where payroll sits in the app

Payroll

The monthly run, from salary structure to payslip.

PayrollIts own area in the app's main navigation.

A monthly payroll run built on the month's own records

What payroll has to bring together

A payroll run is the point where attendance, leave, overtime, salary structure and statutory deductions all have to agree. Errors usually come from the hand-offs between them rather than the arithmetic. The payroll module takes its inputs from the attendance and leave records already in HRMagix, so the run starts from data that has been checked through the month.

What the run produces

Employee and employer EPF contributions, with the wage ceiling applied where you choose it.
ESI contributions for employees within the gross salary threshold.
Professional Tax by the slab of each employee's state.
Monthly TDS under Section 192, with the employee's choice of old or new regime, and quarterly Form 24Q export.
ECR files for upload to the EPFO and ESIC portals.
A bank payment batch file formatted for NEFT, RTGS or IMPS.

Who uses it

HR or finance runs payroll and reviews the output before release. Employees declare investments for TDS and receive their payslips. Leadership sees payroll cost and budget variance in analytics.

What to decide when setting it up

Salary structures: which components make up gross pay for each grade.
Whether EPF is calculated on the capped wage or on actual basic pay.
Which state each employee is registered in for PT and Labour Welfare Fund.
Your attendance cutoff and pay date.

Watch for itStatutory rates and thresholds change by notification. Confirm the current figures before your first run.

FAQs

Payroll: frequently asked questions

A complete monthly payroll can be executed in under 3 minutes.
Yes. EPF is calculated with the 12% wage ceiling and ESI with the ₹21,000 threshold, automatically.
Yes. Multi-state Professional Tax is calculated automatically.
It compares the dual tax regimes under Section 192 and exports quarterly Form 24Q.
Yes. One click generates bank payment batch files formatted for NEFT, RTGS or IMPS.
Yes. It creates electronic challan receipt (ECR) files for the EPFO and ESIC portals.
Yes. Loss-of-pay is auto-calculated from attendance and fed into the monthly payroll.
Payroll has its own area in the app's main navigation, covering the monthly run from salary structure to payslip.

Every question, in one place

Questions about payroll

Each is answered in full on the page linked.

Book a demo

See HRMagix run on your own payroll month

Book a demo See pricing

14-day free trial · Full access to all 12 modules · Zero implementation fee · Cancel anytime

Keep exploring

Where to go next

What payroll has to bring together

What the run produces

Employee and employer EPF contributions, with the wage ceiling applied where you choose it.

ESI contributions for employees within the gross salary threshold.

Professional Tax by the slab of each employee's state.

Monthly TDS under Section 192, with the employee's choice of old or new regime, and quarterly Form 24Q export.

ECR files for upload to the EPFO and ESIC portals.

A bank payment batch file formatted for NEFT, RTGS or IMPS.

What to decide when setting it up

Salary structures: which components make up gross pay for each grade.

Whether EPF is calculated on the capped wage or on actual basic pay.

Which state each employee is registered in for PT and Labour Welfare Fund.

Your attendance cutoff and pay date.

Watch for itStatutory rates and thresholds change by notification. Confirm the current figures before your first run.