Tax Management module of Savvy HRMS automates all the income tax activities towards computation and reporting. It has been flexible enough through the usage to enable/disable automatic computations at several stages. This makes it fit for different cases in India. Even through this module, employee can make Investment declaration in each section of income tax.
- Flexibility and power to handle any type of salary structure.
- Approval of declaration given by employees.
- Calculation of TDS based on the declared investment.
- HRA calculation based on Metro and Non-Metro cities.
- Easy Form 16 generation on one click for Employees Tax return filing.
- Employees can also download the form 16 from tax return filing.
- Various reports to view the TDS employee wise as well as other entity wise.
- Section wise investment declaration
- Auto investment mapping of statutory investment like PF, Professional tax etc.
- Auto exemptions calculations month wise
Employee Tax Calculator
- View Investment declaration section wise
- Track Tax exemptions
- Track Monthly and Futuristic Tax Liability
- Generate FVU File
- Generate Form 24Q
- Generate Form 16