Concerns For Expatriates Working in India

For a foreign national coming to India On employment/business purpose, here are the relevant guidelines.
Q.1. What are the requirements for an expat coming to India on employment or business purpose ?

Ans. The first requirement for an expat is to apply for work permit, i.e, employment visa (E – visa) or business visa.An employment visa will be granted to a foreign national if his or her salary exceeds US$25,000 per annum. The salary threshold of US$25,000, however, does not apply to ethnic cooks, language Payroll outosurcing
teachers (other than English teachers), translators and staff working for the concerned embassy or the High Commission in India.
It is initially valid for one year, which can subsequently be extended at the local FRRO office.Unlike employment visas, business visa applicants usually work on behalf of a foreign company for a limited time and won’t be working for a local employer. The business visa is for entrepreneurs or
investors wishing to set up a business, purchase or sell industrial products, or establish business ties with a company in India Payroll services.

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What is Payroll Outsourcing

Payroll outsourcing which involves employing an outside agency to do the routine work of managing salary, its calculation and payment, along with any other related functions, has transformed into an extremely successful industry. India is today one of the major destinations for payroll outsourcing.
Some of the reasons for this are:

• Team is headed by group of Chartered Accountants which means all the statutory laws are taken care.
• Cost savings for the company on outsourcing payroll processing are extremely significant and can go upto 50% at times.
• Reductions and cost effectiveness can be achieved.
• Productivity is improved, as service quality provided is excellent and this frees the company from non-income generating tasks.
• Latest technology and software for payroll processing are used.
• Indian payroll processing service providers have a very highly specialized and expansive knowledge base in finance and accounting which would be of help to businesses globally.
• These service providers are fluent in English and extremely competent and efficient.
• Where India and the USA are concerned, the time difference is also favourable, thus work completion is faster.

Payroll outsourcing has been highly productive for companies and has been functioning since 1997. In the past five years this industry has recorded a CAGR of 15 per cent. In short, it is a win-win situation.