How can employee select tax regime?

An employee can select a regime during the process of IT declaration. The employee’s tax is calculated as per their regime selection. 

You can change your tax regime if your admin enables the option for you. If the option is enabled to change your tax regime, the employee must perform the following actions:

1. From the greytHR ESS portal, navigate to Salary > IT Declaration. The IT Declaration page opens.
2. Click Withdraw and Revise. The Withdraw and Revise pop-up appears.
3. Select the option I agree.
4. Click Revise to edit the form. The Edit Form page opens.
5. Click Next. The Regime page opens. You can view the comparison of the regimes on this page.
6. Click Next to select a regime. The Select Regime page opens.
7. From the Select the income tax regime to submit and declare IT dropdown list, select the regime most beneficial to you.
8. Select the option I acknowledge that I can choose my regime only once for the current financial year.
9. Click Submit to declare your IT. Submit IT Declaration pop-up appears.
10. Click Confirm to submit your IT declaration with the updated regime.

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Related Links:

❓FAQs - To read more FAQs about Employee's IT Declaration, click here.

📃Documentation - To read more about the Employee's IT Declaration page, click here.

▶Video - To watch the video on Employee IT Declaration, click here.

📢Product Update - To read our product update, click here.