The Restrict POI Declaration for Non-Applicable Sections in the New Tax Regime option enables payroll admins to limit POI submissions for employees who have chosen the new tax regime.
For employees choosing the new tax regime, payroll admins can now allow POI declarations to only relevant tax sections, such as Previous Employment, Section 24 (Income/Loss from House Property), and Other Income.
To view the option Restrict POI Declaration for Non-Applicable Sections in the New Tax Regime, the admin must perform the following actions:
From the greytHR Admin login, go to Payroll > Admin > POI Overview. The POI Overview page opens.
Click the Settings icon on the right side of the screen. The POI Settings widget opens.
Under General Settings, select/deselect Restrict POI Declaration for Non-Applicable Sections in New Tax Regime.
Click Save Settings to enable or disable the feature.
Note: The feature is enabled by default for all customers.
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Related Links:
Video- To watch the POI submission video, click here.
FAQs- To read more FAQs about the POI, click here.
Documentation- To learn more about POI, click here.
Product Update- To read about the product update, click here.
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