Top 10 Free Payroll Management Software in India

best payroll management software in India

Payroll management is an essential part of any business. However, it can be challenging, especially for small businesses on a tight budget. Free payroll software offers a cost-effective way to handle employee payments, tax calculations, and compliance. In this blog, we present the top 10 free payroll software in India, all designed to simplify payroll management.

Why Payroll Software?

Timely and organized payment to employees is critical for growth and success. Sometimes managing the workforce’s compensation schedule becomes difficult for a lot of business owners. Payroll management software here plays a big role in ensuring the smooth processing and payment of employees. Payroll management software offers several advantages to businesses in managing payroll for employees.

10 Free Payroll Software in India

1. Kredily

Kredily is a popular payroll software for businesses in India. It offers a free solution for payroll and HR management. Kredily is ideal for startups and small businesses. The user-friendly interface makes payroll processing easy. The software also supports employee self-service, allowing employees to access their pay slips and update their details.

Features:

  • Automates salary calculation and payslip generation.
  • Manages attendance and leave.
  • Tracks statutory compliance like PF and ESI.

Why Choose Kredily?
It’s free, reliable, and tailored for Indian payroll needs. The absence of a subscription fee makes it ideal for growing businesses.

2. Zoho Payroll (Free Plan)

Zoho Payroll is part of Zoho’s business software suite. It provides basic payroll features for free. The free plan is limited to businesses with fewer employees. It’s ideal for startups exploring payroll automation. Zoho’s seamless integration with other Zoho apps is a bonus.

Features:

  • Handles salary computation and tax deductions.
  • Generates payslips with one click.
  • Simplifies compliance with TDS and other taxes.

Why Choose Zoho Payroll?
It’s easy to set up and works well for small teams. If you’re already using Zoho tools, this is a great addition.

3. GreytHR (Free Version)

GreytHR offers a free version of its payroll software for small businesses. It’s one of India’s most trusted payroll solutions. GreytHR’s free plan supports limited employees but includes robust payroll features. It’s designed to handle compliance, reducing manual errors.

Features:

  • Manages payroll, attendance, and leave.
  • Ensures compliance with Indian labour laws.
  • Provides employee self-service portals.

Why Choose GreytHR?
It’s reliable, secure, and widely used in India. The free plan is excellent for small businesses looking to automate payroll.

4. RazorpayX Payroll

RazorpayX Payroll simplifies payroll by integrating with banking systems. The free plan caters to small businesses and startups. It’s perfect for those already using Razorpay’s payment solutions. The software ensures smooth payroll operations.

Features:

  • Automatically disburses salaries.
  • Tracks PF, ESI, and TDS compliance.
  • Offers employee insurance benefits.

Why Choose RazorpayX Payroll?
It’s innovative and ensures accurate salary processing. The free features are sufficient for small teams.

5. SumHR (Free Plan)

SumHR offers basic payroll features in its free plan. It combines HR and payroll management. SumHR is straightforward and easy to use. The free plan works well for small businesses with limited employees.

Features:

  • Automates salary processing.
  • Tracks employee attendance and leave.
  • Generates detailed payroll reports.

Why Choose SumHR?
It’s affordable and simplifies payroll and HR tasks for small teams.

6. Paybooks (Free Version)

Paybooks provide free payroll solutions for Indian startups and small businesses. It is user-friendly and supports businesses to stay legally compliant with Indian tax laws. The free version is perfect for companies new to payroll automation.

Features:

  • Automates payroll calculations.
  • Simplifies statutory compliance.
  • Offers an employee self-service portal.

Why Choose Paybooks?
It’s simple, efficient, and designed for Indian businesses.

7. Tally Payroll (Free Add-on)

Tally offers payroll management as a free add-on to its accounting software. It is most widely used in India. The payroll add-on is perfect for businesses already using Tally for accounting.

Features:

  • Calculates salaries and taxes.
  • Generates compliance reports.
  • Tracks employee attendance.

Why Choose Tally Payroll?
It’s reliable, easy to integrate, and tailored for Indian compliance needs.

8. HRMantra (Free Plan)

HRMantra offers free payroll tools for small businesses. It is simple and efficient. This Indian payroll software is ideal for small businesses starting with payroll automation.

Features:

  • Automates salary disbursement.
  • Tracks employee attendance and leave.
  • Ensures compliance with labour laws.

Why Choose HRMantra?
It’s intuitive and offers sufficient features for startups.

9. FactoHR (Free Version)

FactoHR provides free payroll features for small and medium businesses. It simplifies payroll processes. Their free plan supports basic payroll needs and compliance tracking.

Features:

  • Manages payroll and compliance.
  • Tracks employee performance and attendance.
  • Offers mobile apps for employees.

Why Choose FactoHR?
It’s versatile and supports mobile access, making it user-friendly.

10. Wallet HR (Free Plan)

Wallet HR offers a free plan with basic payroll features. This free payroll software in India is straightforward and reliable. It’s a great option for businesses on a budget.

Features:

  • Automates salary calculations.
  • Tracks compliance requirements.
  • Manages attendance and leave.

Why Choose Wallet HR?
It’s easy to set up and ensures error-free payroll management.

Advantages of Payroll Software

A business owner interested in the growth of his/ her company must invest in payroll software. This is because payroll software will surely save time, stress, and indeed money. Money because manual calculation sometimes makes costly mistakes thereby draining out hard-earned money for the company.

So, let us first have a look at some basic advantages Payroll management software offers:

  • Employee Calendar: Payroll solutions generally offer employee calendars. It helps you in smoothly manage sick leave and absences. and overtime.
  • Cost-Effective: Saves a lot of man-hours and money in handling HR accounting.
  • Tax Updates: Helps you in managing tax and compliance like PF, ESI, etc.
  • Generate Payslips: You can automatically generate payslips.
  • Ensure Security: Furthermore, payroll tools add security to your organization. As the data remains with you, third-party intervention is not needed.

Frequently Asked Questions

Are free payroll software options truly free?

Most free payroll software provides a basic plan with essential features like salary processing, compliance tracking, and payslip generation. However, advanced features may require a paid subscription. Always review the plan details before choosing.

How do I choose the right payroll software for my business?

Consider the size of your business, the number of employees, and specific needs like compliance tracking, tax calculations, or integration with other tools. Look for user-friendly software with reliable customer support.

Is free payroll software safe for my business?

Reputable free payroll software like Kredily and Zoho Payroll ensures data security and compliance with Indian labor laws. Always verify the software’s credibility and security features before using it.

Can free payroll software handle compliance with Indian tax laws?

Yes, most free payroll software options are designed for Indian businesses and handle compliance with PF, ESI, TDS, and other statutory requirements.

Can payroll software integrate with accounting systems?

Yes, many payroll solutions, such as Tally Payroll, offer integration with accounting tools. This ensures seamless data transfer and efficient financial management.

How many employees can I manage with free payroll software?

The number varies by software. Some free plans support up to 25 employees, while others may have no restrictions. Check the software’s employee limit before choosing.

Are there mobile apps for payroll management?

Yes, several payroll software options like FactoHR offer mobile apps, allowing you to manage payroll on the go.

What are the limitations of free payroll software?

Free payroll software may lack advanced features such as in-depth analytics, integration with complex tools, or unlimited employee management. Businesses with larger teams or advanced needs might need to opt for paid plans.

Can I upgrade from free to paid plans later?

Yes, most payroll software providers offer the flexibility to upgrade to paid plans as your business grows or your needs expand.

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