Statutory Features
Value Added Tax
* Simplifies every aspect of VAT
* Tracks VAT transactions to State specific VAT classification with inbuilt rates of taxes
* Generates VAT Computation for the desired period, along with Input VAT
* Details, Output VAT Details and net VAT payable amount
* Helps you file regular VAT/Composite Returns for a given period
Tally for Service Tax
* Pre-defines Service Tax categories/rates and the applicability of these rates from a given date
* Tracks input tax credit and adjusts it against Service Tax payable
* Provides information on net payable
* Generates half yearly Returns, annual Returns and TR-6 Challans, in the blink of an eye
Tax Deducted at Source (TDS)
- Allows you to configure TDS ledgers by specifying the Nature of Payment and Assessee Types along with the Rate of TDS
- Determines user-defined expense/payment type with user-defined rates
- Auto-deduction of TDS, based on pre-defined rates, once the transaction exceeds the threshold limit
- Generates Challans and Form-16A Certificate
- Generates and files quarterly and annual returns within the specified 25-day period
- Generates e-TDS files in NSDL compatible formats
Excise for Traders
* Generates Excise Invoices for traders
* Tracks Purchase Invoices during sales, with the ability to pass on Cenvat Credit
* Generates Quarterly Returns (Form 2)
* Maintains Excise Stock Register (RG 23D)
Employees State Insurance (ESI)
- ESI Monthly Statement
- ESI Monthly Payment Challan
- Form 3 - Half Yearly declaration form
- Form 5 - Half Yearly Return of ESI Contributions
- Form 6 - Half Yearly Employee Register
Employees Provident Fund (EPF)
Generates following Monthly / Annual statutory Challans & Reports
- Form 12A
- Form 5
- Form 10
- PF Monthly Statement
- Form 3A - Employee wise Annual Payment details
- Form 6A -Annual Statement of PF contribution
- PF Administration Charges @ 1.10%
- Employees' Deposit-Linked Insurance Scheme (EDLI) @ 0.5%
- EDLI Administration Charges @ 0.01%
- Other Admin Charges (inspection charges, interest paid etc)
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