247HRM computes income tax inside payroll, not in a separate tool. Salary, allowances, declarations and proofs feed one calculation, so TDS stays accurate from April to March and Form 16 is ready at year close with zero re-entry.
What payroll teams get when income tax lives inside the suite instead of a separate tool.
Read salary once, model savings, deduct TDS evenly, file Form 24Q, and issue Form 16. 247HRM does all five from a single record, in production today.
Salary, allowances and deductions come straight from payroll and self service, so the calculation never drifts from the payslip.
Employees capture projections and use an IT planning sheet to see the effect of investments on liability before they commit.
TDS is spread across the remaining months of the year, so nobody faces a heavy deduction in the March payslip.
A text file is produced for the quarter, validated by the FVU utility, and uploaded to the TIN portal with no re-keying.
Form 16 is built from the payroll, tax and exemption data already held, so it reconciles with the 24Q filed for the year.
Click through to see how 247HRM handles declarations and proofs, savings projections, the quarterly Form 24Q, and year-end Form 16, all from one payroll record.
Employees declare investments and upload proofs from the self service portal at any time in the year. Each section carries eligibility notes, and HR reviews and verifies proofs from a single queue. Verified proofs flow straight into the calculation.
Employees capture savings projections inside the module or from self service. TDS is calculated for the remaining months of the year and carried into payroll, which avoids a heavy deduction in the final quarter. An IT planning sheet lets them model investments before they commit.
247HRM produces the quarterly Form 24Q as a text file from live payroll and tax data. You validate it with the FVU utility on the Income Tax department site and upload the output to the TIN portal. There is no second application to feed and no manual re-entry of employee, salary or tax data.
Form 16 is generated from the payroll, tax and exemption records the suite already holds. Because every figure traces to one source, the certificate reconciles with the Form 24Q filed for the year, and it is issued to every employee through self service.
247HRM computes liability under both the old and the new regime for every employee and applies the one each person has chosen. The same engine handles PF, ESI, PT, LWF and TDS, so income tax is never an island.
When declarations live in spreadsheets and Form 24Q is keyed into a separate utility, the same salary figures get entered two and three times. Errors and year-end reconciliation follow. Here is the difference 247HRM makes.
What payroll teams report when income tax sits apart from payroll.
Income tax inside payroll and self service.
Three connections do the work: payroll in, self service in, statutory out.
Salary information from payroll and savings information from self service feed a single tax calculation. As part of Complete HRMS, the income tax module shares one employee record, so projections and deductions never drift apart.
Employees declare investments and upload proofs from the self service portal at any time in the year. Each section carries eligibility notes, HR verifies from one queue, and the projected liability and monthly TDS update as proofs are accepted.
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Verified themes from teams running TDS, 24Q and Form 16 on 247HRM.
Declarations and proofs moved into self service, and the March payslip stopped surprising anyone. TDS just spreads evenly now.
Form 24Q used to mean re-keying everything into a separate utility. Now the file comes out FVU validated and uploads to TIN as is.
Form 16 reconciled with our 24Q with no extra work at year close. That alone saved us days.
Compared on the things payroll teams feel every cycle.
| Capability | 247HRM | Standalone tax tool | Spreadsheets |
|---|---|---|---|
| Salary source | ✓ Live from payroll | ✕ Import each cycle | ✕ Manual entry |
| Old and new regime | ✓ Both per employee | ~ Often one | ✕ By hand |
| Proof submission | ✓ Self service + review | ~ Separate upload | |
| Form 24Q | ✓ FVU-ready, no re-entry | ✓ Re-enter data | ✕ Not supported |
| Form 16 | ✓ Reconciles with 24Q | ~ Manual match | ✕ Manual |
| Year-end reconciliation | None needed | Manual | Heavy |
Statutory references used across the income tax and payroll modules:
Quick reference for the statutory terms used across the income tax and payroll modules.
A product specialist sets up your state profile and walks your team through a full tax cycle, from declaration to Form 16.