greythr
Best for Indian SMBs and mid-market companies needing statutory compliance across all states
greytHR is one of India's most widely used payroll and HR platforms, purpose-built for the Indian compliance environment. The platform handles PF ECR (Electronic Challan cum Return) generation and EPFO portal submission, ESI contribution calculations and challan generation, professional tax for all levying states with correct slabs and filing frequencies, and TDS calculation under Section 192 including investment proof collection and Form 16 generation.
greytHR automates the Indian CTC (Cost to Company) salary structure, splitting compensation into basic salary, HRA, LTA, special allowance, and other components, and calculates the tax-saving effect of each component. The platform generates all statutory reports: Form 24Q for TDS, PF annual returns (Form 3A and Form 6A), ESI Returns, and LWF (Labour Welfare Fund) contribution files for each applicable state.
greytHR is best suited to Indian companies with 10 to 2,000 employees that want a cloud-based payroll solution that eliminates reliance on a CA or payroll bureau for routine compliance. The platform's onboarding wizard and pre-configured statutory rules reduce setup time significantly compared to configuring a generic HRMS for India.
Strengths in this market
- Handles professional tax for all 19+ PT-levying states with correct slabs and filing schedules
- Automated PF ECR generation and EPFO portal direct submission
- Form 16 generation, investment proof collection, and quarterly TDS return filing
Limitations to know
- Limited international payroll capability — focused entirely on India
- Advanced analytics and workforce planning features are less developed than global HRMS platforms
- Customer support response times can be slow during peak filing periods (Q1 tax season)