Easily capture employee investment declarations for tax benefits. All sections of income tax deductions are available and continuously updated in uknowva. As the Finance Ministry of India introduced a new tax regime for taxpayers in the Union Budget 2020, you can now choose your preferred regime during the time of your investment declaration for the financial year. You can also see your projected taxes for the year based on your income and regime, to make an informed decision keeping your tax liabilities and savings in mind.
Some primary benefits:
1. Investment declaration by the employee for each section of income tax.
2. Option to choose the preferred tax regime.
3. Setting approving authority for the declaration given by employees.
4. Automatic calculation of TDS based on the declared investments.
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|1.7.0||May 30, 2021||2.4.4 and up|