| Currency | Payroll Frequency | Employer Taxes |
| Indian Rupee (INR) |
Monthly | Approx 22-30 % in income tax |
Introduction
India is the world’s fifth-largest economy, with a GDP of $9.9 trillion in 2021 according to the World Bank. The country has a diverse economy that is driven by a range of sectors, including agriculture, manufacturing, and services.
The International Monetary Fund (IMF) projects that India’s economy will grow by 11.5% in 2022, which is among the highest rates in the world. The country is expected to continue to play a major role in the global economy, with its expanding middle class and increasing global influence.
How can PEO solutions help?
Imagine the ability to hire across country boundaries at scale and without having to worry about the legal and employee administration process of your employee. That’s how PEO solutions work.
By providing total workforce management solutions, AYP Group is able to help you manage payroll, distribute competitive employee benefits packages, and ensure that your business is compliant with the relevant local legislation wherever your employees are based.
How much would PEO Solutions cost?
The range of solution providers of PEO solutions can range from USD300 per employee to USD650 per employee. View AYP Group’s transparent list of solutions for your worker types here.
Find out about AYP’s total workforce management solution today!
Learn more about AYP Global Pay, Asia Pacific’s smartest People and Payroll Management System.
Contact our HR specialists to learn more.