TDS for Indian Payroll - An Introduction

Understand the basics of Income tax act applicable to Indian payroll processing within 90 mins.
Free tutorial
Rating: 4.5 out of 5 (60 ratings)
1,067 students
1hr 16min of on-demand video
English

Define the concepts related to the Income tax Act pertaining to salaried taxpayers
Describe the provisions of the Income tax Act related to computation, deduction and remittance of income tax of an organization.
Compute the Income tax due from employees based on their earnings
File returns on monthly and quarterly basis

Requirements

  • Basic knowledge of payroll processes in India and various components of salary
  • Completion of any of the payroll related courses uploaded by the greytHR Academy

Description

Payroll in India is a highly intricate and interesting function. It can roughly be divided into two parts Processing the payroll and fulfilling payroll compliance requirements. Income tax is one of the major compliance requirements that the payroll department has to fulfill.

Like most other compliance requirements such as Provident fund and ESI, fulfilling compliance requirements for income tax consists of Computing and deducting the income tax, from the salary of employees and remitting the deducted tax to the income tax department along with the required information in the provided format, which is also referred to as ‘Filing returns.

This master course on TDS for Indian payroll is targeted at providing information to learners about both of these aspects of income tax.

This part of the master course has placed a special emphasis on explaining the required terminology towards the beginning so that it is easy for the learners to co-relate the same in the latter part of the course.

By the end of this course, you would be able to:

Define the concepts related to the Income-tax Act pertaining to salaried taxpayers.

Describe the provisions of the Income-tax Act relating to computation, deduction, and remittance of income tax of an organization and filing the returns

Compute the Income-tax due from employees based on their earnings

For further details on each of the sections mentioned in this part of the course, you may refer to the next part of this master course. ‘TDS for Indian payroll – For Professionals’.

We hope that this part of the master course introduces you to the basics of income tax applicable to Indian payroll within maximum of 90 minutes and helps to understand the basic structure of the activities of a payroll department with regards to Income tax.

Who this course is for:

  • Newly joined payroll staff
  • Payroll enthusiasts

Instructor

Academic Initiative by Greytip software Pvt.Ltd.
greytHR Academy
  • 4.5 Instructor Rating
  • 1,468 Reviews
  • 9,743 Students
  • 13 Courses

greytHR Academy is an initiative from Greytip Software Pvt. Ltd.
Greytip is India's leading provider of HR & Payroll solutions. Over the years as we have interacted and worked with thousands of organizations, we have accumulated a wealth of knowledge and learnings on the HR & Payroll domain and processes. This initiative is an effort to share our knowledge and help in building a strong and knowledgeable community of HR & Payroll professionals.

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