#Keka hrms login professional

Manage your entire year plan via single dashboard: View holidays, apply for leaves, view leave balances, apply for compensatory offs, work from home and on-duty All new dashboard with real time updates about colleagues, reports and all other employees in the organisation Greater accessibility: Access the new app in six languages: English, Telugu, Tamil, Hindi, Kannada Visually stunning: Butter-smooth, intuitive user experience, dark mode and multiple theme support Everything still feels familiar, yet everything is different. The remaining amount of INR 3000/- will be paid out at INR 1000/- a month for the next three months.Keka is now faster, lighter and easier to use, providing consistent user experience across all the platforms. You can choose to pay the entire amount at once or only pay the accrued amount and divide the rest as equal monthly payments.Ĭontinuing the example we discussed above, if the employee makes a claim for INR 8000 in August, the accrued amount is INR 5000/- which will be paid out in August. If you choose this option, an additional option shows up which allows you to choose how the approved claim amount is paid out. In the above example, the employee can claim a reimbursement of any amount up to INR 12,000/- (1000*12) at any point. Any amount but not exceeding annual quota – Selecting this option will allow the employee to claim reimbursement for their expenses that can be categorized under this component up to the annual quota irrespective of when they are making the claim.

If the employee is claiming the reimbursement 5 months into the year, this option limits them from claiming a maximum amount of INR 5000/- only.

Say the employee gets INR 1000 a month (Annual limit INR 12,000/-) towards a particular reimbursable component.

Limited to accrued amount only – This allows the employees to claim reimbursement for the component based on the value that has been accrued so far in the year.

Any reimbursement that shouldn’t be shown on Form 16 can be categorized as reimbursement while any component that can be shown on Form 16 should be categorized as reimbursable components. The unpaid portion of this reimbursement will be added to the special allowance. The amount that was paid as reimbursements will not be shown on Form 16.

Reimbursements- Reimbursements are components that the employees can claim based on their expenditure in this category up to the yearly limit specified.

Meal vouchers and food coupons, Life insurance and medical insurance premiums etc. These do not include statutory deductions such as Provident Fund (PF), Employee’s State Insurance Scheme (ESI), or Labor Welfare Fund (LWF) deductions.

Deductions – Any component of the employee salary that is deducted every month will be categorized as deductions.

The portion of the reimbursable components not claimed will be paid out to the employee as a taxed component. Employees need to submit proof of expenditure to claim these reimbursable components. These components are shown on Form 16 of the employee as a separate line item and will be marked as exempted or not exempted and will also be a part of income tax calculations. Reimbursable components – These are components reimbursable by the employee based on their usage.

These include payments like the House Rent Allowance (HRA), Leave Travel Allowance (LTA), Professional allowance etc.

Allowance – Allowances are recurring components that are paid to the employee every month.

#Keka hrms login professional