Tax Technology

Withholding Tax Software Solution

Automated solution for managing withholding tax compliance

A PwC India Withholding Tax Software Solution

Navigate Withholding Tax is a web-based tool that integrates data obtained from ERP and manages WHT compliances. It integrates data from three different dimensions — TDS transactions, general ledger account mapping, and vendor and challan details. Use this tool to deliver accurate reports, balance tight control, and efficiency, be audit-ready and gain actionable insights.

Key challenges that arise while managing WHT compliances

Tracing TDS data in financial statements and preparing year end reconciliation

Tax scrutiny, consequential interest , penalty & prosecution risks & associated remediation costs

Manual interventions in end to end WHT compliances

Director responsibility and reporting obligations

Skillfully manoeuvre WHT compliance

Manage withholding tax easier and faster thereby avoiding any potential financial and reputational risks due to non-compliance.

01

Provides ready output for the monthly, quarterly and clause 34 reconciliation (of the tax audit report)

02

Traces the financial statement expense line items to its TDS data points (date of payment, reasons for non-deduction, etc.) and vice versa

03

Improves accuracy in applying tax rates and sections using artificial intelligence and machine learning

04

Helps higher management in re-evaluating their existing control mechanics by examining the applied withholding tax rates

05

Generates insightful analytical reports and dashboards to assist clients in their decision-making

Have a look at the Withholding Tax Software

Brochure of Withholding Tax Solution

Navigate Withholding Tax Solution

Speak with an Expert

Get in Touch

Product Owners

Siddharth Mehta

Partner, PwC India

siddharth.m@pwc.com

Prashanth Agarwal

Partner, PwC India

prashanth.agarwal@pwc.com

Aman Goel

Managing Director, Digital Products Leader, PwC India

aman.goel@pwc.com

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