Home › Payroll Software in India › Payroll Software for IT Companies

Payroll Software for IT Companies TDS, WFH & Reimbursements

IT teams are salaried, taxable and often remote. Their payroll is about accurate TDS, reimbursements and benefits, clean payslips and fast exits. NexoraHRMS covers those with a mobile app and an API.

Book a Free Payroll Demo +91 98115 51004

TDS & declarationsFBP & reimbursementsWFH attendanceAPI

NexoraHRMS IT company payroll Form 24Q TDS summary with quarter-wise totals and employee-wise annexure
Quarterly TDS summary with employee-wise annexure. Demo data.

What Makes Payroll Different Here

For an IT company, payroll accuracy shows up in TDS and in how clearly employees can see their pay. The workforce is mostly monthly-salaried, tech-savvy and quick to notice errors.

Payroll Challenges and How NexoraHRMS Handles Them

TDS-heavy payroll

Most IT salaries are taxable, so TDS under the New or Old regime, declarations, annual TDS statement and Form 16 Part B data matter most.

Flexible benefits

FBP components with an annual ceiling support reimbursements such as internet or books through declaration and claim.

WFH and hybrid

Mobile check-in, work-from-home requests and timesheets track remote and project hours.

Exits and notice periods

Notice-period and settlement worksheets handle resignation, leave encashment and gratuity.

Integrations

REST API and webhooks connect payroll with HR, finance and project tools.

People analytics

Attrition, headcount and cost dashboards help leadership.

Declarations, Regimes and Year-End

IT employees often change regimes, rent and investment declarations during the year. NexoraHRMS keeps the declarations on the employee record and recomputes TDS when they change, with warnings on Form 16 if declarations are missing. At year-end HR prints Part B annexures and the annual statements from the same data.

Timesheets and project hours can be tracked alongside attendance for billable-time reporting, separate from payroll calculation.

  • Regime and declaration tracking
  • FBP components and claims
  • Annual TDS statement and Form 16 Part B
  • Timesheets and WFH
NexoraHRMS Form 16 Part B for an IT employee with gross salary, standard deduction and chapter VI-A deductions
Form 16 Part B from payroll data.

IT Payroll: Task to Feature

TaskFeature
TDS and declarationsRegime-wise TDS, rent/80C/80D declarations
ReimbursementsExpense claims and FBP components
Remote attendanceMobile check-in, WFH, timesheets
Year-end taxAnnual TDS statement, Form 16 Part B
ExitSettlement and gratuity worksheet
IntegrationsREST API, webhooks, Tally XML

Payroll Software for IT Companies – FAQ

Yes. TDS under the New or Old regime is supported with declarations, an annual statement and Form 16 Part B data. Tax rules and form names change, so confirm the current position with your tax advisor; NexoraHRMS supplies the payroll data.

Flexible benefit plan components with an annual ceiling and claims are supported. You can check this in a free live demo of NexoraHRMS payroll using your own salary structure and sample employees.

Yes. Mobile check-in with selfie and GPS, work-from-home requests and timesheets are available. Because attendance feeds payable days directly, payroll and attendance never disagree and month-end corrections drop.

Yes. A read-only REST API with keys and signed webhooks is available, plus custom integrations. Integration scope depends on your systems and is agreed with NexoraSoft during implementation.

The exit worksheet calculates pro-rated salary, leave encashment and gratuity, and recovers dues. Treat the software figure as a computed estimate and have HR or your accountant verify it before the final payment.

They can view and download payslips and annual tax statements in the self-service portal. Tax rules and form names change, so confirm the current position with your tax advisor; NexoraHRMS supplies the payroll data.

See NexoraHRMS Payroll on Your Own Data

Share your salary structure and get a free live demo of NexoraHRMS & Payroll. No commitment; we typically respond within 24 hours.

NexoraAI Assistant

Online now
Translating website…
Call WhatsApp Free Consultation