#Ad
In most organizations, the accountants, HR or partnering CAs have to take up the load of computing accurate monthly TDS for each of the employees across the business.
They need to ensure that their payroll system is always in sync with the latest statutory updates. Salary earnings may constantly change based on components like raise, promotion, bonus, etc. The tax component may also be affected by changes in individual investment and tax savings plans. Thus, the monthly calculation of salary-based TDS usually becomes time-consuming.
The entire rigorous, repetitive process can be simplified through the use of reliable automated applications.
“SalaryTDS – Monthly Calculator” is one such product. It has been built by a team that has years of experience in developing TDS related applications. It delivers precise results in an easy-to-use format. Salary TDS is packed with these important features:
- Precise calculations of monthly TDS values for each employee based on their annual income and investments.
- Dynamic handling of changes in the projected annual taxable incomes and tax benefit schemes per employee.
- Easy upload of data for all employees. Accurate TDS values per employee delivered in a simple e-format that can then be used to fill the monthly payrolls.
- In-line with all TDS related statutory updates issued by the Income Tax Department.
If you’re looking for a product to ease your employee TDS calculation process every month, you can learn more about the product and ask for a demo at: www.salarytds.com
Author Bio
Return file for the year 2022/2023