HR Tax Compliance: Old vs New Regime Management Guide

Tax Compliances

The Tax Compliances module in HRAPP ensures that statutory deductions, exemptions, and tax liabilities are accurately calculated and processed in alignment with government regulations. It manages both Old Regime and New Regime taxation policies, giving employees and administrators the flexibility to choose the most beneficial option.


    • Related Articles

    • Tax Section

      Navigate to Tax and Statutory Compliances → Tax Rules → Tax Section The tax sections for exemptions are pre-defined in the application based on the selected Old or New tax regime. Fig: Tax Section

    • Tax Slabs

      Navigate to Tax and Statutory Compliances → Tax Rules → Tax Slabs The Income Tax Slabs for both the Old and New regimes are pre-defined as per the latest Income Tax Department notifications. The system uses these slabs to automatically compute ...

    • Tax Rebate

      Navigate to Tax and Statutory Compliances → Tax Rules → Tax Rebate It is designed to automatically apply eligible rebates to reduce the final tax liability of employees, in accordance with the provisions of the Income Tax Act. These rebates are ...

    • Tax Exemptions

      Navigate to Tax and Statutory Compliances → Tax Rules → Tax Exemptions This feature helps apply statutory exemptions to employees’ income for accurate TDS (Tax Deducted at Source) computation. These exemptions are pre-defined in the application as ...

    • Tax Regime Selection

      At the beginning of each financial year, once the previous financial year is closed by the Payroll Administrator, employees will be prompted to select their preferred Tax Regime in the My Dashboard. The option to choose between the Old Regime and the ...