Efficient Income Tax Management with Beehive HRMS: Empowering Financial Planning and Tax Structuring
Tax Management software in India
Access comprehensive reports and analytics related to income tax management. Beehive HRMS provides valuable insights, enabling informed decision-making and efficient tax planning.
Automated Tax Calculations
Automate accurate tax calculations, including income tax, TDS, and professional tax, ensuring compliance with tax regulations and reducing manual efforts.
Tax Structure Customization
Configure tax structures based on applicable laws and employee profiles, ensuring precise tax deductions for individuals.
Tax Declaration Management
Simplify tax planning through a self-service portal for employees to submit investment declarations and proofs digitally.
Form 16 Generation
Generate accurate Form 16 certificates with correct tax calculations, facilitating compliance and aiding employees in income tax filing.
Integration with Tax Portals
Seamlessly integrate with tax portals for the smooth transfer of tax-related information, ensuring accurate filing and compliance.
Tax Simulator
Provide a tax simulator tool for employees to estimate their tax liability and make informed decisions for tax planning purposes.
Self-Service Investment Declaration
Offer a self-service portal for employees to conveniently declare their investments online.
Proof Submission
Enable employees to digitally submit investment-related proofs, streamlining the process and eliminating manual paperwork.
Date-Based/Time-Bound Access
Grant employees and new joiners specific access periods to declare their investments within designated timelines.
Investment Declaration Validation
Validate investment declarations against predefined tax rules and limits, ensuring compliance and accuracy.
Compliance Reporting
Generate comprehensive reports for tax-related compliance, including investment summaries and proof submission status.
Employee Tax Dashboards
Provide employee tax dashboards for viewing tax-related information, deductions, and projected tax liability, enhancing transparency and empowerment.
FAQ
The Time & Attendance software helps you manage leaves, employee logs and process payroll on time. An employee’s salary is a sum of attendance and works delivered, to keep a track of all this your organization should have a unified HCM that provides you Time and attendance module. Tax Management software in India
Timesheets, customizable workflows, configurable policies, trip management are some of the essential characteristics of a robust employee Attendance software. Tax Management software in India