Reimbursements

Reimbursements pertaining to CTC can be claimed by the employees online and the bills can be attached online. The application calculates the cumulative value or the excess bill value automatically and moves to the next month settlement. Reimbursements can be monthly or annual and can be printed in payslip separately as ‘Reimbursement Components’. Unclaimed amount through bills can be pushed to payroll as taxable components in the year end. Tax pertaining to Reimbursements would be calculated automatically during full and final settlement based on the bills submitted.

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