The updated tax slabs under the New Tax Regime are reflected across multiple sections in greytHR. Updates are seen in:
Payroll Inputs → Income Tax – Displays updated tax calculations based on the new slabs.
Employee IT Declaration (Admin & ESS) – Shows the revised tax structure when employees declare their income details.
Proof of Investment (POI) Overview – Updates in tax computations based on submitted investment proofs.
Form 16 & Form 24Q – Automatically considers the revised slabs for tax filing and documentation.
System Settings → Income Tax → Tax Slabs (New Regime) – Displays the updated slab structure for reference.
Income Tax Reports (Monthly & Annual Statements) – Reflects changes in monthly and annual tax reports.
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