IT Declarations

Income Tax Declarations forms an integral part of the payroll process of any company. As per Indian laws, the employees are required to submit IT investment declaration in the early part of the financial year in May/June. Income Tax declaration for salaried employees is a document in which they provide details of their investment plans, and the employees are required to submit investment proofs for the same at the end of the tax year. Therefore, one of the key responsibilities of finance and payroll teams in any organization is to collect and verify the investment proofs of the employees.

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Our payroll outsourcing solutions:

TopSource Key Stats

18+

years in payroll business

200+

clients in India

100%

secured access to self-records

250+

experienced payroll professionals

Benefits of working with us

How Our Income Tax Declaration Services Help Companies

Our HRMS solutions enable clients to handle their employees’ Income Tax savings and declarations. It lets employees declare their investments and submit proofs online hassle-free and automatically calculates taxes to be deducted based on Income Tax declarations. With our IT investment declaration services:

  • Employees can use Portico™ to view their documents such as IT reports, payslips, Form 16, and annual salary statements.
  • Employees can submit investment proofs online from anywhere and at a time convenient to them.
  • Employees can update investment declarations under various income tax sections.
  • Organizations can track employees’ investment declaration submissions and approval statuses of investment proofs.
  • Companies can define cut-off dates for updating income tax declarations for salaried employees and HR managers.
  • Income Tax declaration online eliminates physical storage requirements for employers.
  • Employees can plan and manage tax-saving investments by utilizing our real-time tax calculator without any support from HR.
  • Companies can keep employees informed on the claim status through comments and email alerts.
  • Quickly resolve queries and issues related to IT investment declaration with the real-time helpdesk.

We at TopSource Worldwide provide you with professional help on Income Tax Declarations and provide you with reliable services that save you from any complications or help you remain compliant.

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Our Indian Payroll Certifications

When choosing an outsourced payroll provider, you want to be confident that your provider’s system, process, and technology platform will work effectively. We aim to be a trusted partner and deliver our promised service value through the effective application of system and process assurance and full compliance. We have been rigorously assessed by various regulatory bodies to ensure this is the case. So, you can trust that our payroll, accounting systems, and technology platforms will work as desired.

  • ISO 9001:2015 & ISO 27001:2013 for process management and information systems, respectively
  • SOC1: Type II for full SOX compliance
  • BACS-registered bureau (UK)
  • Money laundering registered (UK)
  • Data Protection Act registered (UK)
  • HMRC-registered bureau (UK)
  • GDPR (UK and India)
  • BSI 25999 business continuity and planning for disaster recovery

Our clients

“We have been with TopSource for many years now, not only for India but for Pakistan as well. Their service, reliability and expertise have been exemplary and beyond comparison. We feel proud, and they are a pleasure to deal with.”

HR Head, South Asia, APL Logistics (India) Pvt Ltd