Statutory Compliance- Income Tax-New UI
Section 10 of the Income Tax Act outlines specific types of income exempt from taxation, such as allowances and benefits. These are not considered par...
Fri, 25 Oct, 2024 at 2:34 PM
You can to lock/unlock the Employee tax declaration in ESS. This will prevent the employee from making any changes to their tax declaration after the payro...
Fri, 25 Oct, 2024 at 3:28 PM
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...
Fri, 25 Oct, 2024 at 3:42 PM
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...
Fri, 25 Oct, 2024 at 3:58 PM
All payments made outside the payroll are taxable, and the tax on them will also be deducted and remitted outside the payroll, such as a festival bonus or ...
Tue, 5 Nov, 2024 at 10:44 AM
What is Form 16? Form 16 is a tax document you receive from your employer every year. It provides details of the taxes deducted from your salary throughout...
Mon, 29 Apr, 2024 at 4:12 PM
After completing the digital signature of the Form 16s, we need to upload it to the Paybooks ESS application so that the employees can access the same. To ...
Fri, 31 May, 2024 at 7:50 PM
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
Part A: Tax Information Part A of Form 16 is the summary of the tax deducted by your employer. It contains the Name, address (as per income tax databa...
Mon, 29 Apr, 2024 at 4:01 PM