Other exemption details is the additional circumstances or factors that might qualify an individual for tax exemptions beyond the standard exemptions provided by tax regulations.
To add other exemption details for an employee, the admin must perform the following actions;
- From the greytHR Admin portal, navigate to Payroll > Payroll inputs > Income Tax. The Income Tax page opens.
- From the Select an employee search box, search for the employee whose details you want to update.
- Under the Exemptions tab, the other exemptions are available under the section Other Exemptions. Let us take the example of LTA Exemption.
- Select the LTA Exemption checkbox and left-click the text box to enter the exemption amount.
- Click Save to save the exemption details.
- Click Recalculate to recalculate the Income Tax for the selected employee.
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Related Links:
Video - To watch the Income Tax video, click here.
FAQs - To read more FAQs about Income Tax, click here.
Documentation - To read more about Income Tax, click here.
Product Update - To read about the product update, click here.
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