Payroll Software comes with features such as attendance management, leave management, arrears calculation, TDS, PF, ESIC calculation, salary calculation etc.
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Tds by intellipayroll
1. TDS (Tax Deducted at Source)
TDS (Tax Deducted at Source) is deducted from the monthly salary of an
employee before making payment of salary to an employee. Employee comes
to know the TDS, which is done every month by an employer and taking into
consideration the amount which he actually gets in his hand, he will be able to
plan his monetary transaction or financial investment.
TDS projection in Intelli Payroll comes handy to know the TDS liability
before hand. This helps employee to make his investment plans ready in
advance and save tax. Admin can generate this report in Reports -> TDS ->
TDS Projection. Select the year and employee and generate the report. Admin
has the facility to mail this report to the respective employee. In the employee
portal of Intelli Payroll, employee can also generate his TDS projection report.