Income tax is a tax imposed by a government on the income of individuals, businesses, and other entities within its jurisdiction. The Income Tax savings report details the amount saved through eligible deductions and exemptions.
To generate the IT Savings report from the Reports section, perform the following steps:
- From your greytHR Admin portal, navigate to Reports > Reports > Reports Gallery.
- From the Reports Gallery page, under the All Reports tab, in the Search field, search for Form 12BB.
- On the Form 12BB page, from the Financial Year drop-down, select the year.
- Select the employees from their respective radio buttons.
- Select All Employees or Selected Employees.
- Click Generate to generate the report.
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