Time to Know about Income Tax Savings
Income tax is the unfortunate reality of income. If given a choice, most of us wouldn’t want to pay tax on the income we earn. But we should, because the…
What is TDS? How can TDS Adjustments be done?
Tax Deducted at Source (TDS) is a means of collecting Income Tax in India, under the Indian Income Tax Act of 1961. It is managed by the Central Board for…
Now generate the e-TDS file with SumoPayroll!
SumoPayroll provides ease in generating the e-TDS file which can be further used in Income Tax e-filing. By, providing general information of a particular company for which e-TDS is required. The…
Consultants Payments through SumoPayroll
SumoPayroll provides enhanced and easily configurable payment options to consultants. It provides flexibility to choose consultant type between 'Individual' and 'Company'. The information of the 'Individual' and 'Company' need to be given depending on…
Generate Form 16B and file Income Tax Returns!!
Form 16B is a document that is issued to salaried personnel in India by their respective employers at the end of a fiscal year. The certificate or document carries necessary…
Ease in calculating Commissions & Bonus Reports
SumoPayroll customizes and also provides ease in Bonus and Commissions reports with a lot of ease to Account Holders and Managers with its post-payroll activities. Bonus and Commissions reports are…
Leave Encashment policies through SumoPayroll
SumoPayroll provides customized leave encashment policies. Just by selecting a particular month in the company settings in the Vacation and Holiday column the leave rest month can be updated. Calculation…
Now upload Monthly Contribution File in ESIC website!
SumoPayroll provides access to Monthly Contribution File in reports generation. Run the payroll for a specific pay period. Selection of Financial Year (e.g., 2017-2018) Selection of Frequency (e.g., Monthly) Selection of Period (e.g., Feb 2018)…
What is Electronic Challan cum Return(ECR)? How to upload ECR in EPFO website?
ECR stands for Electronic Challan cum Return. It is an electronic monthly return to be uploaded by employers through the Employer e-Sewa portal. The return will have the memberwise details…
Your Guide to Income Tax in India – Tax Slabs(Financial Year 2017-2018)
Everyone who earns or gets an income is subject to Income Tax in India. This applies to a resident or a non-resident of India as well. Income could be from…
