Tax Management

Tax Management module of Savvy HRMS automates all the income tax activities towards computation and reporting. It has been flexible enough through the usage to enable/disable automatic computations at several stages. This makes it fit for different cases in India. Even through this module, employee can make Investment declaration in each section of income tax.

  • Flexibility and power to handle any type of salary structure.
  • Approval of declaration given by employees.
  • Calculation of TDS based on the declared investment.
  • HRA calculation based on Metro and Non-Metro cities.
  • Easy Form 16 generation on one click for Employees Tax return filing.
  • Employees can also download the form 16 from tax return filing.
  • Various reports to view the TDS employee wise as well as other entity wise.

Investment Declaration

  • Section wise investment declaration
  • Auto investment mapping of statutory investment like PF, Professional tax etc.
  • Auto exemptions calculations month wise


Employee Tax Calculator

  • View Investment declaration section wise
  • Track Tax exemptions
  • Track Monthly and Futuristic Tax Libility


TDS

  • Generate FVU File
  • Generate Form 24Q
  • Generate Form 16