| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Payroll (hr_payroll)
• Discuss (mail) • Employees (hr) • Employee Contracts (hr_contract) |
| Lines of code | 753 |
| Technical Name |
ixora_income_tax_calculator |
| License | OPL-1 |
| Website | https://ixorasolution.com |
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Payroll (hr_payroll)
• Discuss (mail) • Employees (hr) • Employee Contracts (hr_contract) |
| Lines of code | 753 |
| Technical Name |
ixora_income_tax_calculator |
| License | OPL-1 |
| Website | https://ixorasolution.com |
৳ Advanced Income Tax for Bangladesh Payroll
This module is specifically designed for Bangladesh income tax calculations with comprehensive support for local requirements including festival bonus, provident fund, freedom fighter benefits and disability exemptions.
Key Features
Asset Automatic Tax Calculation
Seamless asset assignment with booking system for employees, supporting both direct assignment and reservation workflows with confirmation.
Multiple Free Limit Categories
Comprehensive support for different employee categories with intelligent maximum limit selection algorithm.
Configurable Tax Slabs
Flexible progressive tax bracket system with unlimited slabs and drag-and-drop ordering.
Provident Fund Support
Seamless PF integration with flexible rule selection and configurable contribution percentages.
Festival Bonus Handling
Intelligent bonus calculation with separate handling for permanent and contractual employees.
Secure & Protected Logic
Enterprise-grade security with protected calculation algorithm ensuring compliance and audit trails.
How It works
1
Automatic Installation
Once Upon installation, the module automatically adds Income Tax rules to all existing salary structures without any manual configuration required.
2
Configure Tax Parameters
Once you Mark employee special categories (Disabled, Freedom Fighter) on their profile. The system automatically applies the highest applicable free limit.
Income
Tax Settings
3
Set Employee Attributes
Once you Mark employee special categories (Disabled, Freedom Fighter) on their profile. The system automatically applies the highest applicable free limit.
Employee
Special Categories (Disabled, Freedom Fighters) & AIT
4
Generate Payslips
When you generate payslips, tax is automatically calculated based on fiscal year, months worked, salary details, and all configured parameters.
Payslip
Showing Automatic Tax Calculation
5
Automatic Distribution
Annual tax is automatically distributed across remaining months in the fiscal year for smooth and predictable monthly deductions.
Configuration Options
Exemptions
- Exemption: 1/3
- Exemption cap: 500,000
Free Limits
- Male: 375,000
- Female: 425,000
- Disabled: 500,000
- Freedom Fighters: 525,000
Enable/disable bonus
- Permanent employee: 60%
- Number per year: 2
Provident Fund
- Enable/disable PF
- Rule code selection
- PF percentage: 5%
Tax Slabs
- 5 progressive slabs
- 10% to 30% rates
- Fully customizable
Rebates
- Fixed limit: 1,000,000
- Taxable income: 3%
- Investment: 15%
Salary Codes
- Base salary rule code
- Income tax code
- PF rule code
AIT
- Car AIT
- Extra Paid Tax Amount
Comprehensive Tax Configuration Dashboard
The Income Tax Configuration dashboard allows you to set up comprehensive tax rules, including bonus inclusion, exemption limits, free tax thresholds for different demographics (Male, Female, Senior Citizens, etc.), Provident Fund (PF) settings, rebate configurations, and minimum tax requirements. This centralized panel ensures accurate and customizable tax calculations.
Easy Tax Slabs configuration with drag & drop
The Tax Slabs configuration interface provides an intuitive drag-and-drop table to define income tax brackets. Each slab specifies a range of taxable income and the corresponding tax rate. The system supports flexible slab management, allowing you to add, edit, or reorder slabs to match current tax regulations seamlessly.
Contact & Support
This Odoo app is Powered by iXora
Solution
Ltd.
Your One-Step Solution for Odoo
Implementation
Need Assistance?
We are here to support you with any questions, concerns, or assistance related to the Advanced Income Tax for Bangladesh Payroll or any custom Odoo modules. Please feel free to reach out to us using the contact methods below, and our team will be happy to assist you.
Odoo Proprietary License v1.0 This software and associated files (the "Software") may only be used (executed, modified, executed after modifications) if you have purchased a valid license from the authors, typically via Odoo Apps, or if you have received a written agreement from the authors of the Software (see the COPYRIGHT file). You may develop Odoo modules that use the Software as a library (typically by depending on it, importing it and using its resources), but without copying any source code or material from the Software. You may distribute those modules under the license of your choice, provided that this license is compatible with the terms of the Odoo Proprietary License (For example: LGPL, MIT, or proprietary licenses similar to this one). It is forbidden to publish, distribute, sublicense, or sell copies of the Software or modified copies of the Software. The above copyright notice and this permission notice must be included in all copies or substantial portions of the Software. THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
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