Other income details are the additional sources of income, apart from an individual's primary salary or wages, that are considered when calculating tax deductions.
To add other income details for an employee, the admin must perform the following actions;
- From the greytHR Admin portal, navigate to Payroll > Payroll inputs > Income Tax. The Income Tax page opens.
- From the Select an employee search box, search for the employee whose details you want to update.
- Under the Other Income tab, in the Other Income table, under the Description column, double-click an empty row and select the required option. The Max Limit amount of the selected option automatically displays.
- Double-click the cell under the Amount column to enter the amount employee has received.
- Double-click the cell under the Remarks column to add remarks, if any.
- Click Save to save the details.
- Click Recalculate to recalculate the Income Tax for the selected employee
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❓FAQs - To read more FAQs about Income Tax, click here.
📃Documentation - To learn more about Income Tax, click here.
▶Video - To watch the video on Income Tax, click here.
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