New Features & Developments

Payroll Management

IFSC Code Head

To simplify the tracking and management of your employees' IFSC codes, we have added an IFSC Code head for all domains in the CTC & Salary Register.

U/s 115 BAC Declaration Upload

We understand the importance of the Income Tax Declaration. Hence, we have introduced an option for employees to easily upload their DECLARATION U/s. 115 BAC for F.Y.2023-24. This allows them to choose the Old Tax Regime for the computation of TDS if they prefer. This option will be available to all new joinees for 30 days from their date of joining.

Monthly Labour Welfare Fund Report

We have developed a report that provides employee-wise details of your company's Labour Welfare Fund liabilities ie. Employee-side deductions as well as Company-side contributions.

Profession Tax Updates

The Profession Tax Slabs for Maharashtra and Karnataka have been updated as per the recent notifications from these states that have become effective from 1-Apr-23.

Journal Voucher Register

Our newly developed Journal Voucher Register report enables you to generate Salary-related Journal Entries in Excel that can be imported into your Accounting software.

Tax Calculator Updates

We have updated the Tax Calculator for the current Financial Year for both Old and New Tax Regimes to incorporate the latest changes that were announced in the Union Budget of 2023-24.

Enhancements 

Onboarding 

You can generate and regenerate letters directly from the Candidate Grid Page. This feature allows for the easy generation of letters such as Offer Letters and Appointment Letters, simplifying the onboarding process.

Improvements

Confirmation Process

We have developed an automated workflow that allows you to set the Probation Period, Schedule Reminders, and establish the approval process for Probationary Employees. Reminders will be sent to Reporting Managers and/or HR to confirm or extend the probation period for employees up for confirmation.