Smart strategies to maximize employee savings and ensure hassle-free compliance.
Why Employee Tax Planning Matters
Employees today expect more than just timely salaries—they want higher take-home pay, optimized savings, and stress-free compliance. Without proper tax planning, they end up paying more taxes than necessary and miss out on legitimate exemptions, deductions, and rebates.
At FinnovateAI, we bridge the gap between payroll and personal finance by offering end-to-end employee tax planning solutions that benefit both employers and employees.
Our Tax Planning Services Include
- Personalized Tax Computation - Calculation of tax liability based on salary structure & investments
- Exemption & Deduction Advisory - HRA, LTA, 80C, 80D, 80G, education loan, housing loan & more
- Salary Structuring for Tax Efficiency - Optimized CTC break-up for maximum take-home
- Investment Declarations & Proof Verification - Guidance on tax-saving instruments & proofs
- Form 16 Preparation - Year-end TDS certificate support for employees
- Tax Filing Assistance (ITR) - Smooth filing of employee income tax returns
- Workshops & Awareness Sessions - Educating employees on smart tax-saving practices
Why Choose FinnovateAI?
- End-to-End Coverage - From payroll deductions to final ITR filing
- Compliance Assured - Always aligned with the latest Income Tax rules & amendments
- Employee-Centric - Enhances financial wellness and employee satisfaction
- Employer Advantage - Reduces payroll queries, improves retention, boosts HR credibility
- Data Security - Strict confidentiality in handling employee financial data
Our Process
- Assessment - Review salary structure & applicable tax laws
- Planning - Recommend best exemptions, deductions & salary restructuring
- Implementation - Align payroll deductions & investment proofs
- Reporting & Filing - Issue Form 16, assist with ITR, ensure compliance
Who Needs It?
- Startups & SMEs - To provide structured employee benefits & reduce attrition
- Corporates - To manage large-scale employee tax declarations & filings
- International Subsidiaries - To align expat/local employee taxation with Indian laws
- HR & Payroll Outsourcing Clients - For seamless integration with payroll management