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 (IT) 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.
❓FAQs - To read more FAQs about the IT declaration, click here.
📃Documentation - To learn more about IT declaration, click here.
▶Video - To watch the video on IT declaration, click here.
📢Product Update - To read about the product update, click here.