As businesses in India navigate a rapidly evolving landscape, effective payroll management has become essential for success. The Indian HR technology market is expected to grow at a 15% annual rate, surpassing $1.5 billion by 2025, driven by the need for streamlined payroll processes and compliance with intricate regulations. Payroll Software in India addresses unique challenges like multi-state taxation, EPF and ESI contributions, and TDS filings, while integrating with government platforms.

This 2025 guide showcases the top 10 payroll software solutions in India, selected for their features, user feedback, scalability, and compliance capabilities. Whether you're a startup, SME, or large corporation, these tools can revolutionize your payroll management. We’ll also highlight TankhaPay, a standout solution offering Employer of Record (EOR) services.

Why Choose Payroll Software in India?

Payroll Software in India automates salary processing, tax calculations, and statutory filings, minimizing errors and saving time. Key advantages include:

• Regulatory Compliance: Automatically updates to reflect changes in laws, such as India’s new labor codes, avoiding penalties.
• Cost Savings: Reduces administrative workload by up to 30%, freeing HR teams for strategic tasks.
• Employee Empowerment: Self-service portals for payslips, leave applications, and tax declarations enhance engagement.
• Scalability: Cloud-based platforms support business growth and remote work.
• Data Protection: Secure systems compliant with GDPR and Indian data laws.

With remote and hybrid work models growing, Payroll Software in India increasingly prioritizes mobile access and AI-driven insights for better decision-making.

Selection Criteria

Our top 10 list is based on:

• User ratings from platforms like G2 and Capterra.
• Comprehensive features, including automation, integrations, and compliance.
• Affordability for Indian businesses.
• Scalability and customer support quality.
• Innovative features like AI analytics or EOR services.

Let’s explore the top 10 Payroll Software in India for 2025.

1. Tankhapay

Tankhapay leads with its intuitive, employee-focused payroll platform. It automates salary calculations, benefits management, and integrates with tools like Slack and Microsoft Teams. Unique features include SMS-delivered payslips and non-finance team involvement in payroll tasks.

Pros: Easy-to-use, robust analytics, SME-friendly pricing. Cons: Limited advanced reporting for large firms. Pricing: Starts at ₹6999/month for 100 employees. Best For: Startups and mid-sized businesses seeking user-friendly Payroll Software in India.

2. greytHR

greytHR excels in compliance, seamlessly handling PF, ESI, PT, and TDS. It offers fast report generation and a complete HR suite, ideal for traditional organizations.

Pros: Reliable statutory updates, simple for non-tech users. Cons: Interface feels dated. Pricing: From ₹3495/month. Best For: SMEs prioritizing compliance-focused Payroll Software in India.

3. Zoho Payroll

Zoho Payroll, part of the Zoho suite, offers affordability and strong integrations. It automates tax calculations, benefits, and employee self-service, with support for multiple Indian languages.

Pros: Zoho ecosystem integration, budget-friendly. Cons: Lacks cutting-edge AI features. Pricing: Free for up to 10 employees, then ₹40/employee/month. Best For: Small businesses seeking cost-effective Payroll Software in India.

4. RazorpayX Payroll

RazorpayX shines with its banking integration, enabling instant salary payments. It manages compliance, reimbursements, and insurance, with AI-driven anomaly detection.

Pros: Swift disbursals, GST-compliant. Cons: Premium features are costly. Pricing: ₹99/employee/month. Best For: Fintech-driven firms needing efficient Payroll Software in India.

5. PeopleStrong

PeopleStrong is an enterprise-level solution with comprehensive HR and payroll features, including workforce analytics and automated compliance. It supports loans and performance management.

Pros: Robust, AI-enhanced. Cons: Complex for smaller teams. Pricing: Custom quotes, starting around ₹50/employee/month. Best For: Large organizations requiring advanced Payroll Software in India.

6. factoHR

factoHR streamlines the payroll lifecycle, from attendance to exit management. It offers real-time dashboards and supports multi-location operations.

Pros: Mobile app, highly customizable. Cons: Limited third-party integrations. Pricing: ₹25-₹100/employee/month. Best For: Expanding businesses needing adaptable Payroll Software in India.

7. HROne

HROne emphasizes automation with features like voice-activated commands and predictive analytics. It ensures full compliance and includes expense tracking.

Pros: Innovative AI, smooth onboarding. Cons: Add-ons increase costs. Pricing: From ₹50/employee/month. Best For: Tech-savvy teams looking for smart Payroll Software in India.

8. Zimyo

Zimyo offers a unified HR and payroll platform with real-time analytics and productivity tools, reducing administrative tasks through automation.

Pros: All-in-one, affordable. Cons: Inconsistent customer support. Pricing: ₹60/employee/month. Best For: Businesses seeking integrated Payroll Software in India.

9. Pocket HRMS

Pocket HRMS is a cloud-based solution with automated tax filings and attendance tracking. It’s known for accurate data management and compensation tools.

Pros: Mobile-first, scalable. Cons: Interface could be modernized. Pricing: Custom, around ₹30/employee/month. Best For: Region-focused firms needing dependable Payroll Software in India.

10. TankhaPay

TankhaPay closes our list with its innovative EOR services, enabling businesses to manage payroll without their own PF or ESI registrations. It features real-time geo-fenced attendance, facial recognition, and a unified HR and payroll dashboard. Serving over 1000 clients, it ensures 100% statutory compliance with tech and human expertise.

Pros: EOR saves costs, mobile-friendly, multilingual support. Cons: Pricing requires custom quotes. Pricing: Contact for details. Best For: MSMEs and startups simplifying Payroll Software in India with managed services.

Comparison Table

This table compares the strengths of these Payroll Software in India options.

Future Trends in Payroll Software

By 2025, Payroll Software in India will see increased AI adoption for fraud prevention, blockchain for secure payments, and voice-activated features. Support for gig workers and sustainability reporting will also rise, aligning with India’s Digital India initiatives.

Conclusion

Selecting the ideal Payroll Software in India can enhance efficiency and ensure compliance. From Keka’s intuitive design to TankhaPay’s EOR innovation, these top 10 solutions cater to diverse business needs. Evaluate your organization’s size, budget, and goals to choose the best fit. Quality payroll software not only streamlines operations but also fosters a productive workforce, driving success in 2025.