Built for Hyderabad pharma and IT across HITEC City, Gachibowli, Madhapur, Genome Valley, Jeedimetla and Patancheru. TDS Section 192 across both regimes, Form 12BB declarations, Telangana Professional Tax, PF and ESI on the 15th, Telangana LWF, bank-portal CSV for HDFC / ICICI / Axis. Free plan available.
Telangana PT rules, IT services band templates for HITEC City, pharma 3-shift attendance for Genome Valley — built in.
Telangana PT applies from ₹15,000 monthly salary — ₹150 per month for ₹15,001-₹20,000, then ₹200 per month above ₹20,000 (₹2,500 annual cap). Statutory deadline varies by enrollment certificate; verify your PEC. ReadyBooks ships verified deadlines for Karnataka and Maharashtra; Telangana tenants see a verify-banner on the Compliance Calendar with the Karnataka fallback rule applied until per-state rules ship.
New and old regime side-by-side. Slabs, 87A rebate, marginal relief at ₹7L, surcharge tiers (10/15/25/37%), 4% health-and-education cess. FY 2025-26 and FY 2026-27 pre-loaded. Form 12BB declarations capture the regime per employee.
HITEC City and Gachibowli IT firms run 5-15 band-level salary templates with per-employee overrides. ReadyBooks supports band templates, useFieldArray-backed line entry, amount-XOR-percentage validation per component. Snapshot at run time for forward replayability.
Genome Valley, Jeedimetla, Bollaram pharma manufacturing runs 3-shift biometric attendance. CSV import into the LOP grid; salary prorates per LOP day with shift premium per role.
Salary expense to P&L; PF / ESI / TDS / PT payables on the balance sheet; Telangana LWF (₹2 employee + ₹5 employer per year) posted annually in December to a separate LWF Payable account. Books reconcile against the payroll register every close.
Bank account numbers AES-GCM encrypted at rest. PAN and Aadhaar masked in the UI. Bank-portal CSV download MFA-gated and HMAC-signed. Data hosted in AWS Mumbai (ap-south-1); daily encrypted database backups with point-in-time recovery.
Built for how Hyderabad actually runs pharma and IT payroll.
The 5-step run wizard is identical at any headcount. A 25-person Madhapur startup and a 2,000-employee HITEC City delivery centre run the same way. No "enterprise tier" gate; no slowdown at higher headcount.
ReadyBooks ships verified deadlines for Karnataka (20th) and Maharashtra (last day). Telangana tenants see a verify-banner on the Compliance Calendar with the Karnataka fallback rule applied until per-state Telangana rules ship in a follow-up. Verify your enrollment certificate (PEC) for the Telangana-specific deadline.
Genome Valley, Jeedimetla, Bollaram pharma manufacturing runs 3-shift biometric attendance with overtime and night-shift premium. CSV import into the LOP grid; salary prorates per LOP day with shift premium per role.
Telangana GSTIN starts with state code 36. ReadyBooks runs GSTR-1, GSTR-3B, e-invoicing, e-way bills, and payroll on the same ledger. The Hyderabad CA who signs off books gets one login for everything.
Hyderabad is the pharma and IT capital of South India. The same city houses HITEC City, Gachibowli, Madhapur, and Kondapur (IT services, product engineering, global captive centres — Microsoft, Amazon, Google, Salesforce, Apple, plus Indian firms like TCS, Infosys, Wipro, Tech Mahindra), Genome Valley (Patancheru, Shamirpet — pharma research and contract manufacturing), Jeedimetla and Bollaram (pharma manufacturing — Dr. Reddy's, Aurobindo, Hetero, Divi's, Granules, Aragen, NATCO), and a dense band of mid-sized SMEs across the city. Payroll for this mix has to cover both the band-template, large-headcount IT services flow and the 3-shift biometric-attendance pharma manufacturing flow.
ReadyBooks meets both. The 5-step run wizard runs identically at any scale. Band-level salary templates with per-employee overrides cover the HITEC City delivery centre's payroll. Biometric CSV import into the LOP grid covers the Genome Valley pharma manufacturer's 3-shift attendance. Form 12BB declarations capture mixed-regime distribution (engineers new, seniors old). Telangana tenants see a verify-banner on the Compliance Calendar (with the Karnataka fallback rule applied) until per-state Telangana rules ship; PF, ESI, and TDS are tracked normally. The bank-portal CSV drops into the corporate banking portals Hyderabad teams already use.
Hyderabad's payroll mix splits across four employer archetypes. Large IT services delivery centres and global captive centres (HITEC City, Gachibowli, Madhapur, Kondapur) — 500-5,000+ employees per office, band-level salary templates with 5-15 bands, mixed regime distribution. Mid-sized IT services and product firms (Madhapur, Kondapur, Banjara Hills) — 50-500 employees, mid-band salaries with HRA optimisation, Form 12BB declarations for old-regime employees. Pharma manufacturing in Genome Valley, Jeedimetla, Bollaram, Patancheru — Dr. Reddy's, Aurobindo, Hetero, Divi's, Granules, Aragen, NATCO and their contract manufacturing organisations — 500-3,000 employees per facility, 3-shift biometric attendance, full PF / ESI / PT / LWF coverage. Funded startups in Madhapur, Gachibowli, and Banjara Hills — 10-80 employees, mixed regime, significant variable components.
ReadyBooks covers each archetype on the same product. The 5-step run wizard is identical; what differs is how it gets used. Band templates with per-employee overrides for IT services; biometric CSV import for pharma manufacturing; Form 12BB declarations for everyone. Telangana tenants see a verify-banner on the Compliance Calendar (with the Karnataka fallback rule applied) until per-state Telangana rules ship; PF, ESI, and TDS are tracked normally.
Telangana levies Professional Tax under the Telangana Tax on Professions, Trades, Callings and Employments Act 1987 (amended after statehood in 2014). The slab applies from ₹15,000 monthly salary: ₹150 per month for ₹15,001-₹20,000, then ₹200 per month above ₹20,000 (₹2,500 annual cap). Statutory deadline varies by enrollment certificate — verify your state-issued PEC. Late deposit attracts interest plus a penalty under the Act.
Telangana employers register a PTRC (Profession Tax Registration Certificate) with the Telangana Commercial Taxes Department. The PT challan is generated from the payroll register; the corresponding amount reconciles against the PT Payable account in the ledger. ReadyBooks ships verified deadlines for Karnataka (20th of next month) and Maharashtra (last day of next month); Telangana tenants see a verify-banner on the Compliance Calendar with the Karnataka fallback rule applied until per-state Telangana rules ship in a follow-up.
Annual PT return is due by 30 April of the next FY. The return is generated from the payroll register; the corresponding amount reconciles against the PT Payable account.
Hyderabad's pharma manufacturing belt — Genome Valley (Patancheru, Shamirpet), Jeedimetla, Bollaram, Pashamylaram — runs 3-shift attendance with biometric integration. Each shift has its own start and end times, overtime rules, and night-shift premium.
ReadyBooks accepts CSV import of attendance data from any biometric system into the run wizard. The LOP grid lets payroll ops review each employee's working days before computation; anomaly chips flag zero-attendance and missing-PAN cases. Salary prorates per LOP day, and the salary structure's variable components (overtime, night-shift premium, attendance bonus, production incentive) can be configured per role.
PF and ESI for Genome Valley manufacturing typically cover the full workforce. ESI applies up to ₹21,000 gross wage — most operators and chemists qualify. PF applies on basic wages up to ₹15,000 (with voluntary contribution above) — most workers contribute on full basic via the voluntary route. Telangana LWF (₹2 employee + ₹5 employer annually, collected in December) covers everyone. ReadyBooks seeds PF, ESI, PT, LWF, and TDS for Telangana tenants on day one.
A typical Hyderabad IT services firm migrating to ReadyBooks comes from Greytip / Keka / Zoho Payroll (mid-tier firms) or SAP Payroll / Oracle HCM / Workday (large delivery centres). The migration approach: import employee master data (PAN, Aadhaar, bank account, joining date, basic + HRA + structure components) via CSV. Bring across the last 2-3 pay cycles for trial balance continuity. Re-attest Form 12BB declarations digitally so the audit trail starts fresh inside ReadyBooks.
For pharma migrations from SAP Payroll, the band-level structure typically maps cleanly onto ReadyBooks salary structure templates. The harder part is the biometric integration — most Genome Valley manufacturers run a third-party biometric / time-and-attendance system that emits a CSV. ReadyBooks accepts the CSV directly into the run wizard's LOP grid, so the integration is a CSV-format mapping rather than an API integration. Batch-record linkage is preserved at the employee level.
Bank-portal CSV format change is usually the simplest part. ReadyBooks generates the standard 22-column format that drops directly into HDFC NetBanking Corporate, ICICI Corporate Internet Banking, SBI Yono Business, and Axis CIB. Most Hyderabad firms are already on one of these portals; the one-time format reconfiguration at the bank end takes about 10 minutes with the bank ops team.
Band templates with per-employee overrides handled via useFieldArray-backed line entry. Form 12BB captures regime per employee. Compliance Calendar surfaces PF / ESI (15th), TDS (7th) with status pills; Telangana PT shows a verify-banner with the Karnataka fallback rule applied until per-state Telangana rules ship. HDFC NetBanking CSV closes the run.
Biometric CSV imported into the LOP grid; salary prorates per LOP day in seconds. PF, ESI, TDS tracked on the Compliance Calendar; PT verify-banner with Karnataka fallback for Telangana. Journal entries post to the same ledger that handles GSTR-1 for the pharma output.
Form 12BB captures regime per employee. TDS Section 192 applies the right slabs, 87A rebate, marginal relief at ₹7L. Salary structure templates handle the variable components consistently. Audit trail covers every change.