IT declaration is collecting investment declarations from employees at the beginning of the financial year. Considering an employee's IT declaration is necessary for your organization to accurately calculate and deduct the appropriate amount of income tax from the employee's salary.
To release the IT declaration, you must ensure the following points:
- Payroll is unlocked.
- Payslip is unreleased.
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Related Links:
Video- To watch the video on IT Declaration, click here.
FAQs- To read more about IT Declaration, click here.
Documentation:
- To read more about IT Declaration, click here.
- To read more about viewing employee's IT Statement, click here.
Product Update- To read our product update, click here.
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