Manual Income Tax Override
Income tax is a tax imposed on individuals or entities that varies with the income or profits of the taxpayer. For salaried employees, the income tax deduction is the responsibility of the employer. Hence the employer must calculate the TDS and then remit to the Income Tax department on behalf of the employee. The greytHR’s payroll management system will help you to calculate your employee Income tax based on the employee taxable income and their declarations. There may be situations where you want to override your employee’s income tax due to various reasons. So, let's see how to override your employee’s monthly income tax on greytHR.