Salary is the remuneration paid by the employer to the employee for the services rendered for a certain period of time.
It includes basic salary, perquisites, bonus, gratuity, and allowances.
There are three ways to add salary income on Quicko:
1. To add Salary using Autofill Feature
(This feature will directly fetch your details of the Salary income from the income tax portal)
- In the Filing tab, navigate to Incomes > Add Salary
- Tap on Autofill > Continue
- Select the method to connect with your ITD account > Continue
2. To add Salary using Form 16
- In the Filing tab, navigate to Incomes > Add Salary
- Tap on Upload Form 16
- Tap on Browse and upload Form 16 PDF
On the next screen, you will see salary details
Note:
Ensure that your Form 16 is:
1. In a PDF Format, not exceeding 6 MB
2. Both parts, A & B, should be generated from TRACES
3. To add Salary Manually
- In the Filing tab, navigate to Incomes > Add Salary
- Scroll down, tap on Add Manually
- Enter the Employer Details and Salary Breakdown
Note:
1. The standard deduction is automatically added once all the details have been entered.
2. You can add multiple salary income by clicking on the '+' icon and selecting salary.