India
Remote Hiring & Payroll Compliance Guide
Payroll & Taxation
Currency: INR
Employer Tax: 12%
Local Tax Body: Income Tax Department / EPFO
Statutory Benefits
13th Month Mandate: Not Required
Min PTO Days: 15 Days
Primary Contract: Employment Agreement vs. Consultancy Agreement
13th Month Details
Performance bonuses common, but statutory 13th-month mandate applies mostly to low-wage workers.
Severance Rules
15 days salary per completed year of service under Industrial Disputes Act.
FX & Banking Warning
Strict regulatory reporting (Purpose Code P0802 for IT services) | 0.5% FX spread.