NYGGS- India's Simplest TDS Declaration Software through the HRMS app. Collect all TDS documents in 3 clicks. One app error-free calculations and compliance for all your e-TDS needs.
NYGGS brings together an on-demand income tax and TDS declaration management module in its hire-to-retire HRMS software. It's one of the simplest TDS calculations and associated document collection software for HRs who like to make these mundane tasks automated. The ESS app creates a personalized form for employees to fill out necessary for e-TDS and upload their documents within the app, which saves the company and employees time.
The ESS version gives HRs the ability to enjoy automatic Form 16 generation as proof of TDS submission. Employees benefit from basket allowance management and detailed Excel reports. This HRMS ESS ensures balanced monthly deductions and full compliance. The easy app keeps you audit-ready throughout the financial year and makes TDS compliance effortless, removing every calculation error.
Key Features of Our TDS Declaration Software
Auto calculation of employee TDS for the financial year, auto deduction of monthly from employee's salary, employee investment declaration form printing, employer form 16 printing, and more such features of NYGGS TDS Declaration Software include
Feel the ease of TDS declaration management software that works for HR managers, finance officers, and business owners differently.
HR Managers
Get a handle on TDS processing with automatic calculations and declaration tracking. Create Form 16s and Form 12BAs right away while staff handle their tax papers through our self-service portal.
Finance Officers
Nail TDS compliance with spot-on auto-calculations, basket allowance control, and in-depth Excel reports. Keep tabs on monthly deductions, handle accurate bank statements, and make sure all statutory docs are perfect.
Company
The TDS returns filing software gives company management useful information through in-depth reports and forecasts. This helps them plan for the future, follow the rules, and keep a close eye on finances, which all play a part in making the organization successful.
Make TDS declaration so accurate, so fast!
Frequently Asked Questions
TDS, short for Tax Deducted at Source, means collecting tax where it's owed. The person responsible for making the payment (the deductor) will then deduct the tax from the liable person (deductee) and pay it to the government.
Tax Deducted at Source (TDS) is a type of tax that is collected by the Indian government according to the Income Tax Act of 1961. In other words, the tax that is deducted from the income of an individual on a regular or occasional basis is known as TDS.
A salaried employee is required to file Form 12BB with his or her employer to claim tax benefits or refunds on investments and expenses.
A TDS calculator for an employee can be used to calculate the TDS on the salary of an employee. This tool requires the input of the employee's annual income, applicable deductions and exemptions. Then, by applying the current income tax slabs, the monthly TDS to be deducted from the employee's salary is calculated.
NYGGS TDS Declaration Software provides:
Automatic calculation of exemptions, deductions, and tax due this month.
Automatic calculation of TDS based on projections.
Income tax projections with options to deduct projected TDS from monthly salary.
Print Form 16, 12BA & Online Challan 281.
Quarterly e-TDS return Form 24Q as per NSDL format.
Income tax projections can be emailed in PDF format.