TDS Dashboard — FY 2025–26
152 employees · Q1 in progress · Q1 challan due 31 Jul 2025
Projected Annual TDS
₹68.4L
FY 2025–26 · 152 employees
Deducted Apr–Jun
₹17.1L
Q1 · 3 months
On track
Challan Deposited
₹0
Q1 pending — due 31 Jul
Action needed
Short-deduction Employees
6
Feb/Mar catch-up needed
Perquisite TDS
₹8.2L
ESOP + car + accommodation
Monthly TDS Trend — FY 2025–26
Actual (green) · Projected (blue) · Feb/Mar catch-up in red
₹5.7L
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
₹6.2L
Jan
₹9.8L
Feb
₹9.8L
Mar
Apr–Jun: actual ₹5.7L/month · Jul–Dec: projected · Jan: proof submissions adjust TDS · Feb–Mar: catch-up month for short-deductions
Challan & Compliance Status
Quarterly TDS deposit status (ITNS 281)
Q1 — Apr–Jun 2025
TDS deducted: ₹17.1L · Due by 31 Jul 2025
⏳ Not yet deposited
Q4 FY 2024–25 — Jan–Mar 2025
₹14.8L · BSR 0480109 / 001234 · 30 Apr 2025
Q3 FY 2024–25 — Oct–Dec 2024
₹15.2L · BSR 0480109 / 001198 · 28 Jan 2025
24Q Form 24Q — Q4 FY 2024–25
E-TDS return · Due 31 May 2025
Annex II pending
Employee TDS Overview — Top by Liability
Click any row for full tax computation
| Employee | Regime | Annual Gross | Total Deductions | Taxable Income | Annual Tax | Monthly TDS | YTD Deducted | Status | |
|---|---|---|---|---|---|---|---|---|---|
PS Priya Singh Management · EMP-0412 |
Old | ₹24,00,000 | ₹6,80,000 | ₹17,20,000 | ₹3,45,600 | ₹28,800 | ₹86,400 | On track | |
VK Vikram Kamath Engineering · EMP-0201 |
New | ₹20,00,000 | ₹2,10,000 | ₹17,90,000 | ₹3,18,240 | ₹26,520 | ₹79,560 | On track | |
AJ Anu Joshi Sales · EMP-0892 |
Old | ₹15,00,000 | ₹4,05,000 | ₹10,95,000 | ₹1,77,000 | ₹14,750 | ₹29,500 | Short — ₹14K | |
KJ Kiran Joshi Engineering · EMP-1184 |
New | ₹12,00,000 | ₹1,47,000 | ₹10,53,000 | ₹79,560 | ₹6,630 | ₹19,890 | On track |
Showing 4 of 152 · ₹68.4L total projected TDS · 6 short-deductions
Tax Computation Engine
Full waterfall tax working for any employee · Click sections to expand · All values are FY 2025–26
Tax Computation — Kiran Joshi · FY 2025–26 · New Regime
Section-by-section working · Monthly salary ₹1,00,000 · Grade A · Engineering
A — INCOME FROM SALARY
Basic Salary
₹4,80,000
House Rent Allowance
₹2,40,000
Special Allowance
₹4,08,000
Employer NPS contribution (Sec 80CCD(2))
₹72,000
Gross Salary
₹12,00,000
B — EXEMPT ALLOWANCES (NEW REGIME)
In new regime, HRA exemption and Sec 10 allowance exemptions are NOT available. Only standard deduction (₹75,000) and employer NPS are allowed.
HRA Exemption (Sec 10(13A))
Not applicable
C — STANDARD DEDUCTION & EMPLOYER NPS
Standard Deduction (Sec 16(ia))
− ₹75,000
Employer NPS — Sec 80CCD(2)
− ₹72,000
Professional Tax — Sec 16(iii)
− ₹2,400
Gross Total Income (GTI)
₹10,50,600
D — CHAPTER VI-A DEDUCTIONS (NEW REGIME)
80C investments — Not available in new regime
₹0
80D medical insurance — Not available in new regime
₹0
Net Taxable Income
₹10,50,600
E — SLAB TAX COMPUTATION (NEW REGIME FY 2025–26)
₹0 – ₹4,00,000 @ 0%
₹0
₹4,00,001 – ₹8,00,000 @ 5%
₹20,000
▶ ₹8,00,001 – ₹12,00,000 @ 10% ← Active slab
₹25,060
₹12,00,001 – ₹16,00,000 @ 15%
₹0
₹16,00,001 – ₹20,00,000 @ 20%
₹0
₹20,00,001+ @ 30%
₹0
Income Tax Before Cess
₹45,060
F — REBATE & SURCHARGE
87A Rebate (taxable income ≤ ₹12L in new regime)
− ₹0
Surcharge (income ₹10.5L — no surcharge applies)
₹0
Health & Education Cess @ 4%
+ ₹1,802
Total Tax Payable (Annual)
₹46,862
G — TDS MONTHLY SCHEDULE
Annual Tax Payable
₹46,862
Months remaining in FY (from Apr)
12
Other income declared (Sec 192(2B))
₹0
Advance tax paid
₹0
Monthly TDS = ₹46,862 ÷ 12
₹3,905 / month
Quick Summary
Gross Salary₹12,00,000
Total Deductions−₹1,49,400
Taxable Income₹10,50,600
Income Tax₹45,060
Cess (4%)₹1,802
Total Tax Payable₹46,862
Monthly TDS₹3,905
Regime Comparison
NEW REGIME
₹46,862
₹3,905/month
✓ Currently applied
OLD REGIME
₹54,620
₹4,552/month
₹7,758 more / year
Computation Notes
• New regime selected by employee on 08 Apr 2025.
• Employer NPS ₹6,000/month (10% of Basic) allowed in both regimes.
• Taxable income ₹10.5L — 87A rebate NOT available (applies only ≤ ₹7L in new regime, but note marginal relief may apply).
• Re-projected each month as remaining months decrease.
Tax Slab Configuration — FY 2025–26
Updated after Union Budget Feb 2025 · New regime is default · Edit only after official Budget notification
⚠ Tax slabs are now managed centrally in Configuration → TDS Configuration → Tax Slab Configuration. A slab change there triggers TDS recomputation for the entire company from the next payroll run. Only update after the official Budget gazette notification.
New Tax Regime — FY 2025–26
Default regime · Lower rates · Fewer deductions
| # | Income Range (₹) | Rate (%) | Tax on Slab (₹) | Cumulative (₹) |
|---|---|---|---|---|
| 01 | to | ₹0 | ₹0 | |
| 02 | to | ₹20,000 | ₹20,000 | |
| 03 | to | ₹40,000 | ₹60,000 | |
| 04 | to | ₹60,000 | ₹1,20,000 | |
| 05 | to | ₹80,000 | ₹2,00,000 | |
| 06 | to | ₹1,00,000 | ₹3,00,000 | |
| 07 | Above | On excess | — |
Tax rebate: ₹25,000
%
Old Tax Regime
Opt-in · Higher rates but more deductions
| # | Income Range (₹) | Rate (%) | Tax on Slab (₹) | Cumulative (₹) |
|---|---|---|---|---|
| 01 | to | ₹0 | ₹0 | |
| 02 | to | ₹12,500 | ₹12,500 | |
| 03 | to | ₹1,00,000 | ₹1,12,500 | |
| 04 | Above | On excess | — |
Tax rebate: ₹12,500
%
Surcharge Bands
Applied on income tax (before cess) when income exceeds specified thresholds
| Income Exceeds (₹) | Up To (₹) | Old Regime Surcharge % | New Regime Surcharge % | Notes |
|---|---|---|---|---|
| ₹50L | ₹1Cr | Standard surcharge | ||
| ₹1Cr | ₹2Cr | Higher income | ||
| ₹2Cr | ₹5Cr | New regime cap at 25% | ||
| ₹5Cr | No limit | New regime capped at 25% |
Monthly TDS Ledger — FY 2025–26
Per-employee TDS across all 12 months · Green = actual deducted · Blue = projected · Red = catch-up
Actual deducted
Projected
Declaration changed
Catch-up month
ESOP / perquisite spike
| Employee | Regime | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Annual Total | Projected | Variance |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Priya Singh |
Old | ₹28,800 | ₹28,800 | ₹28,800 | ₹28,800 | ₹28,800 | ₹28,800 | ₹28,800 | ₹28,800 | ₹28,800 | ₹28,800 | ₹28,800 | ₹28,800 | ₹3,45,600 | ₹3,45,600 | On track |
Kiran Joshi |
New | ₹3,905 | ₹3,905 | ₹3,905 | ₹3,905 | ₹3,905 | ₹3,905 | ₹3,905 | ₹3,905 | ₹3,905 | ₹3,905 | ₹3,905 | ₹3,905 | ₹46,860 | ₹46,862 | On track |
Anu Joshi |
Old | ₹8,400 | ₹8,400 | ₹8,400 | ₹7,200 | ₹7,200 | ₹7,200 | ₹7,200 | ₹7,200 | ₹7,200 | ₹7,200 | ₹14,400 | ₹14,400 | ₹1,03,800 | ₹1,03,800 | Short ₹14K |
Vikram Kamath |
New | ₹26,520 | ₹26,520 | ₹26,520 | ₹26,520 | ₹26,520 | ₹26,520 | ₹86,200 | ₹26,520 | ₹26,520 | ₹26,520 | ₹26,520 | ₹26,520 | ₹3,77,400 | ₹3,18,240 | ESOP spike |
| All Employees | ₹5.7L | ₹5.7L | ₹5.7L | ₹5.7L | ₹5.7L | ₹5.7L | ₹5.7L | ₹5.7L | ₹5.7L | ₹6.2L | ₹9.8L | ₹9.8L | ₹68.4L | ₹68.4L |
4 employees shown · Scroll right to see all months · ESOP spike in Oct for Vikram Kamath highlighted in purple
Challan Management — ITNS 281
Record TDS deposits to government · BSR code · Reconcile deducted vs deposited
Total TDS Deducted (FY)
₹17.1L
Apr–Jun 2025 (Q1)
Not Yet Deposited
₹17.1L
Q1 due 31 Jul 2025
Deposited (Prior FY)
₹61.2L
FY 2024–25 fully reconciled
Difference / Unreconciled
₹0
Prior FY clean
⏳
Q1 — Apr–Jun 2025 · PENDING DEPOSIT
Due by 31 Jul 2025 · ₹17,10,480 to deposit
Quarter
Q1 (Apr–Jun 2025)
Amount to Deposit
₹17,10,480
Due Date
31 Jul 2025
Challan Type
ITNS 281 (TDS — Salary)
Prior Challans — FY 2024–25
✓ Filed
Q4 — Jan–Mar 2025
₹14,80,200 · BSR 0480109 / 001234 · 30 Apr 2025
₹14,80,200
▾
✓ Filed
Q3 — Oct–Dec 2024
₹15,24,600 · BSR 0480109 / 001198 · 28 Jan 2025
₹15,24,600
▾
✓ Filed
₹15,62,400
Q2 — Jul–Sep 2024
₹15,62,400 · BSR 0480109 / 001142 · 31 Oct 2024
Perquisites & ESOP Tax
Perquisite valuation · ESOP exercise tax computation · TDS in month of event
ℹ Perquisite valuation rules and ESOP tax configuration are now managed in Configuration → Perquisites & Benefits Taxation and Configuration → ESOP Tax. This view shows the event log and per-employee tax impact.
ESOP Perquisite TDS (FY)
₹6.4L
3 employees exercised options
Car / Accommodation TDS
₹1.8L
12 employees with car perk
Total Perquisite Value
₹28.4L
Taxable + Concessional
ESOP Tax Configuration
Perquisite = (FMV on exercise date − Exercise price) × Shares · TDS in month of exercise
ℹ ESOPs are taxed as perquisite under Sec 17(2) in the year of exercise, not grant. For eligible startups under Sec 80-IAC, tax can be deferred to earliest of: sale / leaving company / 5 years from exercise.
Alert HR when ESOP exercise value exceeds ₹1,00,000
Auto-notify payroll team to adjust TDS for that month
ESOP Exercise Events — FY 2025–26
| Employee | Exercise Date | Shares Exercised | Exercise Price (₹) | FMV on Date (₹) | Perquisite Value | TDS Rate | TDS Amount | Deducted In | Status |
|---|---|---|---|---|---|---|---|---|---|
VK Vikram Kamath EMP-0201 |
15 Oct 2025 | 2,000 | ₹100 | ₹4,250 | ₹82,00,000 | 30% + 4% | ₹25,58,400 | Oct 2025 payroll | Deducted |
AP Ananya Patil EMP-1041 |
08 Dec 2025 | 500 | ₹120 | ₹3,800 | ₹18,40,000 | 30% + 4% | ₹5,74,560 | Dec 2025 payroll | Upcoming |
Perquisite Valuation Rules — Sec 17(2)
Taxable perquisites valuation as per Income Tax Rules
| Perquisite Type | Valuation Method | Taxable Amount | Employer-configured for your company |
|---|---|---|---|
| Company Car ≤ 1600cc | ₹1,800/month (if driver provided: + ₹900/month) | ₹1,800–₹2,700/mo | |
| Company Car > 1600cc | ₹2,400/month (if driver: + ₹900/month) | ₹2,400–₹3,300/mo | |
| Furnished Accommodation | 15%/10%/7.5% of salary depending on city pop. | City-specific | |
| Interest-free / Concessional Loan | SBI MCLR as of Apr 1 × outstanding loan balance | Variable | |
| Club Membership (company-paid) | Actual fee paid by employer | Actual cost |
Form 24Q — Quarterly e-TDS Return
File quarterly TDS returns with TRACES · Annexure I (quarterly) · Annexure II (Q4 only — salary details)
Q1
Apr – Jun 2025
Employees
152
TDS
₹17.1L
Filed
28 Jul
Q2
Jul – Sep 2025
TDS (est.)
₹17.1L
Due
31 Oct
Q3
Oct – Dec 2025
Due
31 Jan 2026
Q4
Jan – Mar 2026
Due
31 May 2026
Q1 FY 2025–26 — Form 24Q Detail
Apr–Jun 2025 · 152 employees · ₹17,10,480 TDS
Deductor Details
Challan Details — Annexure I
| Month | BSR Code | Challan Serial | Date of Deposit | TDS Deducted | TDS Deposited | Difference |
|---|---|---|---|---|---|---|
| April 2025 | ₹5,70,160 | ₹5,70,160 | ₹0 | |||
| May 2025 | ₹5,70,160 | ₹5,70,160 | ₹0 | |||
| June 2025 | ₹5,70,160 | ₹5,70,160 | ₹0 |
Q1 Fully reconciled — ₹0 difference
Acknowledgement No: 302501281234567 · Filed: 28 Jul 2025 11:42 AM
Q4 Annexure II — Annual Salary Details
Only for Q4 return · Per-employee salary breakup, deductions, taxable income, total TDS
ℹ Annexure II is unique to Q4 Form 24Q. It contains detailed salary information for each employee — used to auto-generate Form 16 Part A. Must include all perquisites, deductions, and annual tax computation.
• Annual salary income per employee (Basic + allowances + perquisites)
• Section-wise deductions claimed (80C, 80D, HRA, etc.)
• Taxable income and total tax computed
• TDS deducted each month and total TDS for the year
• Previous employer TDS (from Form 12B) included here
Filing Calendar
Q1 (Apr–Jun)31 Jul ✓
Q2 (Jul–Sep)31 Oct 2025
Q3 (Oct–Dec)31 Jan 2026
Q4 (Jan–Mar)31 May 2026
⚠ Q4 includes Annex II. Start preparation by Apr 15, 2026.
TRACES Integration
TRACES toggle settings are managed in Configuration → TDS Config → TRACES & External Integration.
Other Income & Advance Tax
Sec 192(2B) employee declarations · House property loss · Advance tax credit · Form 26AS reconciliation
ℹ Employees can declare other income under Sec 192(2B) so the employer can account for it in TDS. This is optional — employer is not liable if employee withholds. If other income increases tax, TDS is increased; if loss (e.g. house property), TDS is reduced.
Section 192(2B) Declaration — Ananya Patil
Other income declared by employee for TDS computation
House Property Income / Loss
Home loan interest deduction (Sec 24(b))− ₹1,80,000 (max ₹2L for self-occ.)
Net house property income− ₹1,80,000 (loss)
Other Sources Income
Advance Tax & TDS from Other Sources
Total advance tax paid directly to govt
Bank TDS on FD interest (Form 26AS)
TDS Impact — With vs Without Other Income
| Component | Without Decl. | With Decl. |
|---|---|---|
| Salary Taxable Income | ₹7,95,000 | ₹7,95,000 |
| House Property Loss | — | −₹1,80,000 |
| Other Income (FD) | — | +₹12,000 |
| Net Taxable Income | ₹7,95,000 | ₹6,27,000 |
| Annual Tax + Cess | ₹49,010 | ₹32,448 |
| TDS from bank (FD) | — | −₹1,200 |
| Monthly TDS by Employer | ₹4,084 | ₹2,604 |
✓ House property loss saves ₹1,480 per month in TDS. Employee has been notified.
Form 26AS Integration
Cross-verify TDS already deducted by other parties
26AS auto-fetch and mismatch alert settings are in Configuration → TDS Config → TRACES & External Integration.
Last fetched: 01 Jul 2025 · 12 employees with Form 26AS TDS (>₹0)