Karma Global Tech Management

Challenges

a Company XYZ is having more than 50 employees, were deducting income tax without considering HRA exemption and standard deduction of 50,000/- hereby resulting into more deduction on Income Tax and employees were getting lesser salary in hand.

Solution

- Once they started using our HRMS System, we got process of House Rent Allowance exemption streamlined with proper supporting from employees and standard deduction were considered and right amount of income Tax Liability was considered. We saved the extra Income Tax deduction.