The Most Reliable India Payroll Service for Your Team
The Most Reliable India Payroll Service for Your Team
Already have a Pvt Ltd entity in India? Stop wrestling with spreadsheets and compliance. Versatile handles payroll, PF, ESI, TDS, and gratuity so you can focus on scaling your business.
$49/mo per employee. First month free. No setup, no exit fees.
Get started in 5 days
Talk to our team about your payroll needs.
What is Managed Payroll?
You have a Pvt Ltd company in India. Your business is growing. Payroll, compliance, and statutory filings are eating your time. Managed Payroll is the solution.
Managed Payroll is a service, not software. You remain the legal employer. Your company owns the employee relationship. Versatile owns the payroll operations - salary processing, PF/ESI filings, tax calculations, year-end closures, statutory reports.
Think of us as your outsourced HR/Finance operations team. Smaller cost than EOR ($49/mo vs $149/mo). Faster to implement than building an in-house team. More compliant than generic payroll software that doesn't understand India-specific rules.
Complete payroll.
Nothing extra to buy.
$49/mo covers every statutory obligation and operational task. No per-transaction fees. No surprise add-ons when compliance complexity increases.
Salary Processing
Monthly salary processing, CTC structuring, allowance breakdowns, deductions, and payslip generation for all employees.
PF & ESI Filings
Provident Fund and Employee State Insurance statutory filings via EPFO and ESIC. Contributions calculated, deducted, and remitted on time.
TDS & Tax Filing
Tax Deducted at Source (TDS) calculations, Form 16 generation, professional tax across 28 states, annual tax reconciliation.
Gratuity Provisioning
Gratuity Act compliance, annual provisions, settlement calculations on exit, and government fund remittances when applicable.
Year-End Closures
Annual bonus processing, Form 12B issuance, statutory audit support, compliance reconciliation, and next-year setup.
Employee Support
Payslip distribution, salary queries, statutory benefit explanations, and employee onboarding documentation.
Built for India.
Not bolted onto it.
Most payroll platforms treat India as one country among many. Versatile is headquartered in Bangalore. We know the New Labour Code, the Basic+DA rule, the state-specific compliance quirks that generic software misses.
India-native compliance
Our compliance team files with EPFO, ESIC, and state tax authorities directly. When Indian law changes, we adapt immediately. No third-party processors. No "we'll get back to you" delays.
USD invoicing (structural moat)
You invoice your global customers in USD. Versatile invoices you in USD. You pay employees in INR. One fixed USD line item in your P&L. No monthly FX surprises. This is why we're different.
5-day onboarding SLA
Day 1: data collection. Days 2-3: system setup and registrations. Days 4-5: first payroll dry run. You are live and confident by day 5. Or we credit your month.
First month free
Risk reversal. Try us risk-free for month one. No setup fee. No hidden minimum. If we don't deliver, there's no financial commitment. We're confident in our service.
No setup, no exit fees
$49/mo flat rate. No onboarding fee. No "we charge to transition you to a new provider" fees. Complete transparency. Pay only for the value you use.
Founder-led support
Sagar Chainani, founder, has successfully onboarded 50+ Indian teams. Available for escalations. Real person. Real expertise. Not a support ticket queue.
Live in 5 days.
Zero disruption.
Your current payroll system stays running. We set up in parallel. On day 5, we flip the switch. Your team doesn't miss a single payslip or compliance deadline.
Every obligation.
All 28 states.
Versatile manages statutory filing across all 28 Indian states and 8 union territories. One contract. One invoice. No state-specific surprises.
Statutory Coverage
Compliance Filings
Versatile vs the alternatives
How Managed Payroll compares to building an in-house team or using generic payroll software.
| Feature | Versatile Managed Payroll | In-House Payroll | Generic Payroll Software |
|---|---|---|---|
| Cost per month | $49/emp | $2,000-5,000 | $200-500 |
| Setup time | 5 days | 3-6 months | 2-4 weeks |
| India compliance expertise | Native | If you hire right | Generic |
| PF/ESI filing | Direct | Direct | Software only |
| TDS & tax compliance | Managed | Managed | Software only |
| Year-end closure support | Yes | Yes | No |
| State-specific compliance | All 28 states | Depends on hire | Limited |
| USD invoicing | Yes | No | No |
| Dedicated account manager | Yes | N/A | No |
| Scalability (100+ employees) | Seamless | Requires hiring | Seamless |
Transparent, flat-rate pricing
No hidden fees. No surprise charges. One rate covers all statutory compliance and operational support.
Example: 20-person team
What our clients say
How LinkedIn hired a top 1% design
contractor in India and stayed compliant.
LinkedIn needed a specialist design contractor based in India - not a generalist from a staffing agency, but a top-tier product designer who could integrate with their global design team. The compliance layer was the real challenge: Indian contractor law has specific requirements around agreements, TDS deductions, IP assignment, and misclassification risk.
Versatile sourced and presented a shortlist of top 1% design candidates - evaluated on portfolio quality, communication depth, tool fluency, and culture alignment. Once selected, Versatile handled the entire compliance infrastructure: a legally robust contractor agreement, TDS registration and monthly deductions, IP assignment clauses, and GST invoicing setup. The designer was onboarded, compliant, and productive within days.
Monthly TDS filings happen automatically, contract renewals are tracked, and regulatory changes in Indian contractor law are applied proactively. LinkedIn manages the design work. Versatile manages everything else.
Start Running Payroll
Without the Headaches
$49/mo per employee. First month free. 5-day onboarding. Talk to us about your payroll setup.
Schedule a CallManaged Payroll India
Answered.
Managed Payroll is for companies that already have a Pvt Ltd entity in India. Versatile handles payroll operations - salary processing, compliance filings, tax calculations, year-end closures - but your company remains the legal employer. EOR is different: Versatile becomes the legal employer when you don't have an entity. Managed Payroll is significantly cheaper ($49/mo per employee vs EOR at $149/mo) because you keep the employer relationship.
$49 per employee per month. There are no setup fees, no per-transaction fees, no surprise add-ons. Your first month is completely free - you only start paying in month 2. For a team of 20 employees, that is $49 × 20 × 11 months = $10,780 for the first year. All statutory compliance - PF, ESI, TDS, gratuity, professional tax - is included in that flat $49 rate.
Every statutory obligation: Provident Fund (PF) contributions via EPFO, Employee State Insurance (ESI) via ESIC, Tax Deducted at Source (TDS), gratuity provisioning under the Gratuity Act, professional tax across all 28 states and 8 union territories, Form 16 generation for annual tax filing, state-specific labour law compliance, and year-end closure support. One flat rate. One invoice. No add-ons.
Versatile's 5-day onboarding SLA covers: Day 1 - data collection and account setup, Days 2-3 - payroll system configuration and statutory registrations verification, Days 4-5 - first payroll dry run and your approval. Your team goes live on day 5. If we miss that window, we credit your month.
Yes. Versatile issues a fixed USD monthly invoice. This eliminates foreign exchange exposure for global finance teams. Most payroll software providers invoice in INR, creating unpredictable costs when converted to USD each month. With Versatile, you have a single line item in fixed USD on your P&L. This is one of our core strengths - especially for companies invoicing customers in USD.
Generic software treats India as one country among many. Versatile is India-native: our compliance team is headquartered in Bangalore, we file directly with EPFO and ESIC, we stay current with the New Labour Code 2025-26, and we understand India-specific rules like the Basic + DA composition rule (Basic + DA must be at least 50% of CTC), multi-state GSTIN structures, and Gratuity Act updates that happen every year. We're not a software platform - we're a managed service with deep India compliance expertise.
Yes. Our 5-day onboarding SLA is broken down as: Day 1 - kickoff and data collection, Days 2-3 - payroll system configuration and statutory registrations verification, Days 4-5 - first payroll processing and payslip generation. You are live and confident on day 5. Or we credit your account for that month.
Yes. This is one of Versatile's core structural advantages. You invoice your global customers in USD. Versatile invoices you in USD for payroll services. You pay employees in INR at the bank rate each month. One fixed USD line item in your P&L. No monthly foreign exchange surprises, no INR volatility risk, no unpredictable cost escalations. This currency arbitrage strategy is why many global companies with India teams choose Versatile.