Flexible Benefit Plan- New UI
Normally FBP declarations are submitted at the beginning of the financial year to avail of the Income Tax Benefit. The system is designed to take care...
Tue, 16 Apr, 2024 at 11:23 AM
To get a complete view of employee-wise benefits eligibility, submission of bills, approved claims, and balance eligibility you can view this report. ...
Wed, 8 May, 2024 at 11:10 AM
This report provides the details of the FBP payouts that must be submitted to the bank. On the Home Page click “Transactions”. Scroll dow...
Wed, 8 May, 2024 at 6:29 PM
You can upload the monthly FBP claims details in bulk using the import option. On the Home Page click “Transactions”. Scroll down to Spend, Lo...
Tue, 4 Jun, 2024 at 2:59 PM
At the end of the financial year, you must process the unclaimed FBP amounts and pay them to the employees as taxable. On the Home Page click “Transacti...
Mon, 3 Jun, 2024 at 4:04 PM
This feature helps move/push the FBP Configuration & FBP Declaration of employees from the “Current Financial Year” to the “Next Financial Year”. O...
Tue, 4 Jun, 2024 at 3:04 PM
Some FBP components are paid annually like a Gift coupon is paid once a year. These components are processed after the completion of the declaration cut-off...
Tue, 11 Jun, 2024 at 4:55 PM
This report provides component details on the claims made by the employees and the tax exempted on the same. On the Home page click ““Reports”. Click...
Tue, 11 Jun, 2024 at 4:03 PM
You can upload the FBP declarations in bulk on behalf of the employees. Note: Please ensure that the FBP Declaration Import option is used only during...
Thu, 20 Jun, 2024 at 3:29 PM
Once the bills for the FBP claims are approved you can upload the same into the system. On the Home Page click “Transactions”. Scroll down to ...
Thu, 20 Jun, 2024 at 4:49 PM