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 slabs in India. This applies to a resident or a non-resident of India as well. Income
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Benefits of Tax Saving!
While investing in a tax-saving instrument or any investment for that matter, it is important to keep an eye on the taxability of its income. Taxes can constrain
Customize Pay Period of your Organization
A pay period calculates an employee’s work for compensation within a month’s duration. Depending on the company’s policy you can customize your pay period, the pay period may
What are the Best Things to Know About Payroll Settlement Payments?
Settling payments or recovering money, our Sumopayroll features keep it super smooth. Full & Final Settlements commonly known as the FnF process is the procedure required to be
Now you can choose PDF or Excel format for your Reports!
Why Choose PDF Format? Portable Document Format popularly known for its short-form PDF was developed by Adobe Systems. Many organizations choose PDF format, especially for generating reports like
What are the Post Payroll Activities?
Mostly running the post-payroll activities for each and every employee in an organization can be a tedious task. Sumopayroll enables an easy and sophisticated way to deal with
Are you looking for an Enhanced Payroll Process?
Sumopayroll cloud-based Employee Payroll and HR Management platform provide to enables payroll features that not only improve an organization’s productivity but also gain and eliminate hours of typing
Best Ways to Enhance Employee Compensation
Employee Compensation mainly describes the cash rewards paid to employees in exchange for the services they provide. It may include base salary, wages, incentives, and/or commission. Total compensation
Enhanced Company Setup
Once you signup in SumoPayroll, start using Sumopayroll by choosing either Customized Settings or Express Settings. Opt for Express Settings, the generic way of using the payroll services
What is CTC in Salary and How is Basic Calculated?
What is CTC in the salary package with an example? CTC means Cost To the Company. The total cost that a company would incur, on an employee, in
How is TDS Calculated?
Tax Deducted at Source (TDS) is a means of collecting Income Tax in India, under the Indian Income Tax Act of 1961. The Central Board for Direct Taxes
How do you Review Employee IT-declarations?
Filing the Income Tax Returns with proper planning is very important. Income Tax laws appear so complex that people are scared to deal with their taxes. Planning the