Tax Management

Clock HR offers complete tax management for employees with the facility of e-TDS, income statement and statutory compliance. It calculates the tax due on the basis of the prevailing law of taxation. Tax Management also offers the advantage of Form 16, Provident fund, ESIC, and income statement.

Tax management module streamlines the process of calculating and filing taxes by walking through the individual employee or user. It also automatically computes tax obligations of individual and company.

Key Features of Tax Management

  • Easily and quickly access data.
  • Add, edit and update details of the tax year, income range, tax percentage, tax group and deduction.
  • Handle all types of tax calculation in-house.
  • Maintain tax details of previous years.
  • Tax details of employees can be searched by entering their name, employee number and job title.
  • Generate comprehensive reports.
  • Entire details of salary, taxes and deductions of all employees are maintained.
  • Details of total annual income, total taxes and the total deductions of employees are maintained.
  • Automatic computation of EPF and preparing EPF challan.