How to clear IT declaration during employee’s final settlement?

You can clear the income tax declaration of separated employees by releasing the separated employee's IT declaration during the final settlement. To release the separated employee's IT declaration, perform the following actions:

1. From your greytHR admin portal, navigate to Payroll > Payroll Inputs > Final Settlement. The Final Settlement page opens.
2. Click Settle Employee. The Settlement page appears.
3. Select Separated Employee or Search Employee as per your requirements.
4. Click Next to continue with the wizard. Complete steps 2, 3, 4, and 5.
5. On Settlement page, under Step 6: Remarks,  enter the remarks if any.
   Note: Under Step 6: Remarks, a notification displays your current settings. To edit the settings, perform the following actions:
   a. Click Click here. A pop-up appears.
   b. In the pop-up, select the settings based on your requirements.
   c. Click Save to update the settings and close the pop-up.
   
6. Click Finish to clear the IT declaration of the resigned employees.

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Related Links:

❓FAQs: To read more FAQs about Full and Final Settlement, click here.

📃Documentation: To learn more about the Full and Final Settlement, click here. 

▶Video- To watch video on the Full and Final Settlement, click here.

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