Updating an employee's Income Tax (IT) declaration components refers to the process of modifying or adjusting the various components declared by an employee for income tax purposes.
To update an employee's income tax components, the admin must perform the following actions:
- From the greytHR Admin portal, navigate to Payroll > Payroll Inputs > Income Tax. The Income Tax page opens.
- In the select an employee search box, enter the employee’s name or number for whom you want to update the IT declaration. The page displays the income tax components.
- Select the required tab and update the IT declaration for the required components.
Note: You can also add/delete declarations as per your requirements. - Click Save and Recalculate to update the IT declaration on behalf of the 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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