Glossary·HR & Payroll
What is Form 24Q?
The quarterly TDS return an employer files for tax deducted from employee salaries, reporting deduction and deposit details to the income-tax department.
Where this shows up
Form 24Q is handled directly inside OfficePro 360, hrms, projects and field force in one place.
See OfficePro 360Related terms
- ESI
- Employees' State Insurance, a mandatory contributory scheme providing medical and cash benefits to eligible Indian employees, funded by employer and employee contributions on wages.
- PF & UAN
- Provident Fund is a mandatory retirement-savings deduction for eligible employees; the Universal Account Number (UAN) is the portable ID that links an employee's PF across jobs.
- HRMS
- Human Resource Management System, software that runs the people side of a business: attendance, leave, payroll, employee records and often performance and onboarding.