Saral PayPack - Version 2.90 Release Notes

Version 2.90 of Saral PayPack software has been released on 09^th January 2008. The release notes are provided here for the reference.

1. In “Process income tax and TDS” screen:
   •  A new option is provided to make the TDS Processing of the employees
   • It estimates the TDS for the employees in RSP (Saral Pay Pack) file itself with out creating another file in TDS Institutional.
   • User can edit the estimated TDS and can update the edited TDS.
   • All the employees who are eligible for TDS and their TDS details will be listed.
   • Option is provided for overwriting the details of ported edited salary values in the income tax screen.
   • Option is provided for selecting/deselecting of all the employees in the list.
   • User can set default settings for employee living in Metro, HRA Yearly and standing instructions extrapolate etc. and employer type as Government, Others, PSU.
   • Filtering option is provided for filtering employee list based on predefined conditions.
2. “Port Data” button:
• Port data button is provided for porting of selected employee’s data to income tax computation part, for TDS purpose.
3.  In “Emp Details” screen:
   • Option is provided to capture the information of employee’s place (Metro/Non metro)
   • Option is provided to capture the details of employee disability (handicap)
   • Option is provided to capture the rent paid details.
   • Option is provided to capture the details of number of children studying and children staying in hostel.
   • Option is provided to capture the monthly HRA details.
   • Option is provided to capture the information regarding the benefits from Interest free loans.
4. In “IT Details” screen:
   • This Feature is provided to view all the ported details of an employee by opening Income tax screen & can view the tax computation.
   • Option is provided to generate reports in Excel format for Form 16, Statement of total income, Covering letter, TDS declaration, Bank Form, Salary extract, TDS Details report, Statement of Total income.
5. In “Compute IT” screen:
• Option is provide to calculate the tax to be paid by the employee without opening Income tax screen.
6. In “Salary TDS” screen:
• The calculated TDS shall be ported back to the salary editor Saral Pay Pack.
7. In “e-TDS” screen:
   • Option is provided for filing the TDS return, electronically.
   • User can maintain a separate folder of e-Return.
   • Option for editing the tax information.
   • Option for part payment.
   • New feature for displaying the Deductor details.
   • Option for entering the bank details.
   • Option for entering the deduction details.
   • Option for importing the salary details form income tax computation part.