When an employee compares tax regimes, it means they are examining and evaluating the different tax systems or regulations in place in different countries or jurisdictions.
The greytHR application makes it easier for employees to choose between the two regimes. During IT declaration, employees will be able to compare both old and new regimes based on their declared investments. greytHR also highlights the Maximum Benefit tag on the regime which has a lower net tax amount.
To know how to compare between tax regimes, click here.
❓FAQs- To read more FAQs about Employee's IT Declaration, click here.
📃Documentation- To learn 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 about the product update, click here.