Statutory Compliance- Income Tax-New UI

How to declare your Investments for the FY 2023-24
  As an Employee, you can choose between the New Tax Regime and the Old Tax Regime depending on what is most suitable to you from a Tax planning po...
Sat, 1 Apr, 2023 at 7:32 AM
How to Export the Tax Regime.
Employees have the option to select either the New Tax Regime or the Old Tax Regime based on which is more advantageous for their tax circumstances. By ...
Tue, 16 Apr, 2024 at 12:46 PM
How to import the Tax Regime.
All employees can choose between the New Tax Regime or the Old Tax Regime depending on what is most suitable to them from a Tax planning point. By default, ...
Tue, 16 Apr, 2024 at 12:36 PM
How to Map Tax Declaration Components.
Employees can submit their Investment Declaration at the start of the financial year. Based on the declarations, the income tax is computed and TDS on sa...
Fri, 16 Jun, 2023 at 12:44 PM
How to Map Tax Exemption Components
Section 10 of the Income Tax Act defines income/allowances that are not part of the main income of an individual. These incomes are exempted from taxa...
Sun, 7 May, 2023 at 7:34 AM
How to open/close Employee Tax declarations in the ESS portal
You have the option to lock/unlock the Employee tax declaration in ESS.  This will prevent the employee from making any changes to their declaration after t...
Mon, 29 May, 2023 at 4:13 PM
How to update the Income Tax Registration.
Income Tax Registration like, PAN, TAN, and TAN Circle of Company is required to be captured in the system to generate all Income Tax related statutory r...
Tue, 6 Jun, 2023 at 11:29 AM
How to Update the Tax Deduction Outside.
All payments that are paid outside payroll are taxable and the tax for the same will also be deducted and remitted outside payroll like a festival bonus...
Mon, 15 May, 2023 at 10:53 AM
Income Tax Changes – Financial Year 2023-24
As you are aware, for the Financial Year 2023-24, there are changes in the Income Tax Slabs and Tax Regime. We are happy to share that, Paybooks has implem...
Mon, 17 Apr, 2023 at 11:05 AM