Capture Employees PAN-Aadhaar Link Status to Avoid Payroll Pitfalls
Have You Considered the Payroll Complexities of Not Linking PAN with Aadhaar? 🤔
PAN becomes INOPERATIVE, and the following consequences arise:
Inability to file e-TDS.
Higher TDS rates applied i.e. 20% on taxable income or as per higher prevailing slabs
Incomplete or mismatched tax information in AIS.
Unable to submit 15G/15H Declarations.
But wait! Don't sweat the small stuff!
🧩Capture PAN-Aadhaar link status of an employee in greytHR’s payroll system. Easily mark the PAN status as inoperative if the PAN is not linked with Aadhaar on the PAN Status page. TDS is auto-calculated as per applicable rates.
🧩Real-time PAN status! Payroll and IT statements reports reflect inoperative PANs, keeping you compliant and informed.
Ready to experience the power of these enhancements? Check out our comprehensive support resources.
-Knowledge Management Team
