Karma Global’s tool called WeProcess
Contents News/Article Date:9th February 2023
Relating to which Act: The Income Tax Act 1961; Central Board of Revenue Act, 1963
Applicable to which State: Whole of India
Type: The Income Tax Act of 1961 is a comprehensive statute that sets the rules and regulations that govern taxation in India. The Income Tax Act contains 23 chapters and 298 sections according to the official website of the Income Tax Department of India.
Pertains to: Establishments and Employees
Relevance of this news: Karma Management Global Consulting Solutions Pvt Ltd is in the business of HR Services, Payroll, Outsourcing, and Regulatory Compliances right from its inception in 2004 since then, it has brought in a lot of efficiencies and technological upgradations with experts on its roll, to ease the hassles of Payroll Processing, Temp Staffing, On-boarding, Employee Life Cycle, Statutory, Regulatory, and Payroll compliances by providing customized solutions to all its elite clients.
Karma Global’s expert team is fully involved in the handling of any compliance matters where compliance burden and complex laws falls on businesses like frequent changes and amendments, high penalties, the inadequacy of knowledge and expertise with centralized compliance monitoring systems and integrated governance risk and compliance software’s
And in this instance: Karma Global has developed an integrated software tool that contains
(1) registers and records
(2) Helpdesk Management
(4) Litigation Management a
(5) Contract Management.
All these modules have been embedded into this prolific system and technology and amongst these, the latest addition has been the calculator for payment of income tax calculations due to the latest announcement in India Budget 2023 of changes in the income slabs for the new regime. This Karma global’s tool is called “WeProcess”
Subject: Karma Global’s tool called “WeProcess”
Appended is the complete news item