PayrollBD
Compliance-First Payroll for the Bangladesh Market
PayrollBD has built its reputation as a specialist payroll bureau rather than a generalist business services firm, and that focus shows in the depth of its statutory knowledge. The provider handles the full monthly cycle for employers operating in Dhaka, Chattogram, Gazipur and the export processing zones, covering gross-to-net calculation, tax deduction at source under the Income Tax Act, provident fund administration, gratuity accruals and the workers' profit participation fund obligations that catch many foreign employers off guard. Its team tracks each year's Finance Act changes and the National Board of Revenue circulars that adjust slab rates, investment rebate ceilings and the treatment of allowances such as house rent, medical and conveyance, then applies those changes before the payroll run rather than after an audit query.
Key Features:
- Monthly gross-to-net processing with automated TDS calculation under NBR slab rules
- Provident fund, gratuity and workers' profit participation fund administration
- Preparation and filing support for annual employee tax returns and employer statements
- Bank-ready disbursement files for major local banks including mobile financial services such as bKash
- Payslip distribution in English and Bangla with confidential distribution controls
- Labour Act compliant leave, overtime and festival bonus tracking
Why I Picked PayrollBD:
I picked PayrollBD because it is one of the few providers in the market whose entire practice is payroll rather than payroll as an add-on to accounting or recruitment. In my assessment its handling of TDS, provident fund and WPPF calculations reflects genuine statutory depth, which is exactly what reduces risk for employers new to Bangladesh.