JSM Payroll software is an Advanced, more than two decades old Payroll Software up to date with latest Budget Income Tax Proposals. JSM Payroll Software is User Friendly, Flexible, Parameter & Policy Driven and is the Most Comprehensive HR and Payroll Software. JSM Payroll Software automates all Payroll activities and is tightly integrated with Leave and Attendance, Timesheet, HR and Statutory Modules. JSM Payroll Software has a comprehensive, web based Employee Self Service Software module enabling all Employees to perform all activities in a efficient manner. JSM Payroll Software has an powerful Business Intelligence (BI) Module that gives Top Management instant and valuable information on 50+ Payroll and Costing Parameters.
JSM Payroll Software’s Income Tax Module incorporates Income Tax Rates and Slabs and Rules for the current FY and gives employees an option to pay taxes as per the new tax slabs from FY 2020-21 onwards. JSM Payroll Software gives employees provision to forego certain exemptions and deductions to be taxed under the new tax regime from FY 2020-21 onwards. JSM Payroll Software gives provision tor employees to choose between the old and the new tax slabs. JSM Payroll Software gives provision for incorporating age based tax slabs based on the FY Selection chosen. In the New tax regime slab rates are not differentiated based on age group. However, under old tax regime there is an pre-defined basic income threshold exempt from tax for senior citizen (aged 60 to 80 years) and super senior citizens (aged above 80 years).
JSM Payroll Software through the ESS Module allows all employees to enter Tax Declarations, Proofs, Reimbursement Bills, Restructure Reimbursement heads (Flex Benefits), upload Expense Claims as well as Reimbursement bills and much more. JSM Payroll Software ESS module puts all the information in the hands of employee, be it - viewing Salary slips, Reimbursement Slips, Expense Slips, or any kind of historical information including Increments history.
Payroll is an important activity in any organization. JSM Payroll Software has been specially developed by JSM Technologies India for automating Indian Payroll and Salary. With JSM Payroll it is possible to maximize the potential of HR and Accounts through timely and accurate Salary Processing, efficient handling of Reimbursements, Loans & Advances and Government of India statutory requirements including all PF and ESIC challans and TDS. JSM Payroll Software is integrated with JSM HR Software so that both HR and Payroll are seamlessly integrated.
JSM Payroll Software can be used by Global companies across the world with little customization to meet country specific requirements. JSM Central Govt Payroll Software can be used by Indian Central Govt Organizations and meets VI Pay Commission requirements. Automating Payroll in India with JSM Payroll Software will reduce the work load on HR and Accounts staff, facilitate confidentiality, produce error-free information and enhance speed in accessing Payroll related information. Because of its integration with JSM HR Software it offers a single view of all data to both HR and Finance departments.