Goodbye Painful Calculations with HivePayroll TDS Management Feature

To determine the TDS (Tax Deducted at Source) liabilities of all your employees in Hivepayroll, you can generate the TDS reports provided by the software. These reports will show you the TDS amounts deducted from each employee’s salary and the total TDS liability for the company.

Unique functionalities of HivePayroll’s TDS management module

By using automatic compliance and reporting feature in HivePayroll, you can stay up to date on all of the latest tax laws changes, ensuring that your payroll processes are always running smoothly.

Up-to-date Tax Rates and Tax Slabs

Hivepayroll's TDS management software feature ensures that the software is always updated with the latest tax rates and tax slabs, ensuring accurate TDS calculation and compliance with tax laws.

Generate TDS Returns

With Hivepayroll's TDS management software feature, you can easily generate TDS returns in the required format, making it easy for you to file your TDS returns on time and avoid penalties.

Online Registration of e-TDS Returns

Hivepayroll's TDS management software feature allows you to register and file e-TDS returns online, eliminating the need for manual paperwork and saving you time and effort.

Inbuilt Statutory Reports

Hivepayroll's TDS management software feature provides inbuilt statutory reports that enable you to track and manage your TDS liabilities, ensuring compliance with tax laws and regulations.

Importation of Deduction Data

With Hivepayroll's TDS management software feature, you can easily import deduction data from various sources, such as Excel spreadsheets, making it easier to manage TDS deductions and ensure accuracy.

Estimation of Income Tax

Hivepayroll's TDS management software feature enables you to estimate income tax liabilities for your employees, helping you to plan and manage your finances more effectively.

Computation of Income Tax

Hivepayroll's TDS management software feature automatically computes income tax liabilities for your employees, based on the applicable tax rates and tax slabs, ensuring accuracy and compliance.

Automatic TDS Challans

Hivepayroll's TDS management software feature automatically generates TDS challans, making it easier for you to pay your TDS liabilities on time and avoid penalties.

Reminders and Notifications

Hivepayroll's TDS management software feature sends reminders and notifications to ensure that you file your TDS returns and pay your TDS liabilities on time. This feature helps you avoid penalties and stay compliant with tax laws.

Free TDS Solution for Easy Filing of TDS Returns

HivePayroll offers three months free trial to the new customers. This helps the new clients in understanding the solution and getting used to the functionality of the payroll solution. HivePayroll’s income tax calculator eases the works of your payroll manager and helps you in computing correct TDS deduction. HivePayroll ensures the best TDS management system for your organization.

Competitive advantage of HivePayroll over other TDS management solution

A powerful cloud-based payroll management solution for small and medium businesses in India.

Encrypted Data Backup System

Encrypted and secured data backup on AWS servers
Easy backup and restore of data related to TDS
No headache of reinstalling the software to get upgrades

Advance TDS Computation and Error Detection

Accurate calculations and preparation of TDS returns
Automatic calculation of tax, allowances, deductions
Auto detection and display of errors in return
Generate reports in many file formats, such as MS Word, Excel and PDF
Prepare NIL returns on some simple clicks
Auto generation of CSI file

Easy Data Extraction and Import System

Bulk upload of data from and to any data center
Generation of FVU files is straightforward in HivePayroll.
Compatible with CONSO/TDS file. Therefore, it is easy to retrieval data
Compatible with active TDSMAN version

Default Analysis

Accurate calculation of TDS and income taxes
Auto calculation of capital gain tax
Verification of Permanent Account Number (PAN)
Auto name extraction of individual from PAN.
Easy track down of validation of TDS Challans with few clicks
Auto implementation of Tax Slabs of India
Calculation of interest for late payments and late deductions

Versatile use for TDS (Tax Deducted at Source) management

Supports Salary TDS (Form 24Q), NRI TDS (FORM 27Q), Non-salary TDS (FORM 26Q) and TCS
Easy FVU file generation.
Time saving challan generation of TDS & TCS
Up to date with the most recent TDS rates and rules
Encrypted and secured uploading system for online TDS returns
Easy access to historical and current year TDS data
Allows HR to add unlimited users and employees
Print and save documents and reports with simple clicks
Mass data upload from MS Excel or Google Sheet

An Easy, Safe & Secure TDS Solution for eTDS Return Filing:

HivePayroll is a cloud-based software system and is accessible anywhere, anytime, 24×7
HivePayroll uses AWS encrypted and secured servers, which makes it safer than offline TDS management software
HivePayroll gets auto updates and upgrades, therefore, you don’t need to worry about manual updates and upgrades
Multi-user option allows more than one user to operate the payroll solution
Regular alerts and notification systems are available for the users
User manual and demo-videos are provided to help users in learning the solution and for error handling

Goodbye Painful Calculations with HivePayroll TDS Management Feature