IFHRMS - IT Self Declaration Instruction

IFHRMS - IT Self Declaration Instruction

Integrated Financial Human Resources Management System ( IFHRMS ) Project IFHRMS 2.0 ( Kalanjiyam ) - Integration with Income Tax Self declaration sensitization requested

From

TREASURIES AND ACCOUNTS DEPARTMENT

To

Thiru.P.V.Sunil Kumar., M.A., Treasury Officer,

District Trerasury,

Thiruvarur

The All Drawing and Disbursing Officers

Sir/Madam,

Sub:

Ref:

Rc.No.E330037/E/2024 Dated. 13/05/2024

Integrated Financial Human Resources Management System (IFHRMS) Project - IFHRMS 2.0 (Kalanjiyam) - Integration with Income Tax - Self declaration - sensitization requested - Reg

1. The Commissioner of Treasuries and Accounts letter Rc.No.35091/IFMS/2022 Dt:29.02.2024

2. IFHRMS SOP Income Tax Declaration, Dt: 22.02.2024

3. The Commissioner of Treasuries and ACCounts letter Rc.No.33318/IFMS/2024 Dt: 19.03.2024 In view of the ongoing updations with respect to the proposed savings / exemptions for auto calculation of Income Tax and its monthly deductions, the following information and instructions are communicated :

- 1. Compulsory Auto IT Deduction: Income Tax will be automatically deducted from all eligible employees after auto calculation. The auto deduction wil commence from the Month of May - 2024

2. Pan Updation in database: As per IT Act, the maximum TDS rate (20% or above) will be applicable, if the PAN of the employee is not available. Hence, all DDOs have to ensure the proper updation of the PAN in the basic details of the employee.

The updation can be done by the employee through Kalanjiyam Mobile Application / Self Service module basic in the employee profile page and as well through details WebAdi by the DDOs through their login on behalf of employees.

3. Exercising option : Employees option in themselves can exercise their the portal. "Kalanjiyam" The mobile application or self service module in savings/exemptions in detail have to be completed in the Kalanjiyam Portal for old regime opted employees. For 1 to change 15" of of amount declared, Provision will be enabled from every month and before the payroll run for the employees to review and change the amount. However, there is no need for attaching proof of choosing option in documents while of documents the month of March-April 2024.The proof for the actual savings/investment and claimed have to be exemptions without fail submitted in the month of December 2024 for required revision in the tax for the financial year,

4. For change of mistakenly chosen tax regime: Regime once chosen cannot be altered in future. Swap between the regime options (old to new and vice versa) is not allowed in the same financial year.However, it can be changed during e-filing.

5. Deduction under section 80U: This provision had been enabled in the employees HR entry. Navigation: Employee self service >Others > Disability entry

6. Auto adjustment of IT Deduction : Any excess or deficit arising out of any previous deduction can be adjusted by increasing or decreasing the amount of subsequent deductions during the same financial year. The tax will automatically revised & calculated for the remaining months. 7. Gross salary includes arrear received : Arrear Payment will be included in the Gross Salary and hence 10% TDS is need to be deducted for eligible employees.

8. Auto Fetch from Salary :

(i) GPF/ CPS/ AISPF/ NPS

(ii) FBF/ SPF

(iii) NHIS

(iv) PLI

(e) Professional Tax

(f) 80G donation through salary (if any)

(g) HBA (Principal) will be taken only after declaring loan details in portal.

9. Exemption given:

a) Family Pensioners

b) Nuns/ Priests/ Brothers

c) Medalists.

10. Projection Report :

Login ’e-services >Finance reports

Projection report. >IT

The above activities have to be completed by 15" of May- 2024 and after completing a confirmation letter should be submitted to this office. Acer, Treasury Thirùvarur.

Copy to:

All ATO's - For Communicating the above instructions to their respective DDOs

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