Functionality: It provides access for an employee to calculate their tax by filling out an investment details form or by clicking the save to see button for the tax calculator.
Accessibility: Self Role Only
Process:
Path - Home >> Payroll> Pay Report > Invest. Declaration form B/C
Step 1: Select the Tax slab - New/Old
Step 2: Click to save
Below screen will appear just review if any needs to be data updated else click on exit X
Step 3: Click on Tax calculator
Step 4: Enter Total Income Salary - Click on calculate tax
Old Tax slab checked
- Whatever details has been filled under investment form will automatically be calculated.
- Enter Total income salary
- If any exemptions you can enter else put Zero
- Click on Calculate tax
- You will be able to see break up and total tax Liability
