Introduction Managing payroll and compliance can often feel like a juggling act — switching between spreadsheets, chasing data, and meeting strict deadlines. Tasks like TDS declarations, Form 16 generation, and loan tracking demand accuracy and timeliness. With Aegis HRMS, all these critical processes are streamlined into a single, easy-to-use platform — saving time, reducing errors, and ensuring compliance.
1. TDS Declarations Made Simple Tax Deducted at Source (TDS) is a mandatory requirement for employers, but manual calculations can be time-consuming and prone to mistakes. Aegis HRMS automates TDS calculations based on salary structures, investments, and applicable exemptions. You can:
- Generate accurate TDS reports in minutes.
- Avoid penalties with timely deductions.
- Maintain transparency with clear records for employees.
2. Effortless Form 16 Generation Form 16 is a crucial document for employees to file their income tax returns. Traditionally, generating Form 16 for every employee is a tedious process. With Aegis HRMS:
- Generate Form 16 for all employees with just a few clicks.
- Ensure accuracy by pulling data directly from payroll records.
- Provide employees with secure, instant access to their documents.
3. Smart Loan Tracking Employee loans can be a great benefit but tracking repayments, interest, and outstanding amounts manually is inefficient. Aegis HRMS makes loan management easy by:
- Recording loan issuance and repayment schedules.
- Automatically deducting EMIs from salaries.
- Providing real-time loan balance updates.
Why It Matters By bringing TDS, Form 16, and loan tracking under one digital roof, Aegis HRMS helps HR and finance teams:
- Save hours every month.
- Minimize compliance risks.
- Improve employee satisfaction with transparent, on-time processes.
No more spreadsheets. No more last-minute tax season stress. WithAegis HRMS, you can manage your company’s financial compliance with confidence and efficiency — all in one place.
Contact us todayto see how Aegis HRMS can transform your payroll operations.
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