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 download IT(TDS) Override Report
You have the option to change the Income Tax calculated by the system for any month other than March. Since the tax is being entered manually and not a syst...
Fri, 7 Jun, 2024 at 6:21 PM
How to download the Income Tax Computation Report
This report provided details of the IT Computation of all employees including salary paid, exemptions, and investment details.   To Download the IT Comput...
Thu, 9 May, 2024 at 5:34 PM
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 generate the text file for Form 24Q.
Form 24Q is a tax form filed by employers to report the salary paid to employees and the Tax Deducted at Source TDS. It is filed quarterly.  In essence,...
Mon, 29 Apr, 2024 at 11:53 AM
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 TDS Challan Details.
You need to update the TDS challans for generating Form 24Q and ensure that the information matches the actual tax deposited to the government. On the Home...
Tue, 30 Apr, 2024 at 7:53 PM