The employees can view the amount of Marginal Relief under rebate section 87A. The changes reflect in IT Statement in the ESS portal.
Marginal relief is a provision in the tax system that provides relief to individuals who fall under a specific income bracket and are subject to a higher tax rate due to their income crossing a certain threshold.
To view the Marginal relief, an employee must perform the following actions:
- From the greytHR ESS portal, navigate to Salary > IT Statement. The IT Statement page opens and displays a list of income tax components.
- Click the Download icon to download the IT statement. In the PDF, employees can view the Marginal Relief amount under Section 87A.
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