Does GreytHR provide option to select the tax regime- old/new when employees declare investments?
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Yes. Just release the POI (Point of investment) for all employees. There then can select old/new tax regime as per their requirement.
To release POI declaration for your employees, perform the following actions:
- From your greytHR Admin login, navigate to Payroll > Admin > POI Overview . The POI Overview page opens.
- Under the Yet to be released tab, select Bulk Select .
- From the Employee Name list, select the employee for whom you want to release the POI declaration.
- Under Employees Selected card, select Release .
- Click Submit . The Release pop-up appears.
- From the Due Date calendar, set the Auto Lock date.
- Click Release to release the POI declaration for the employees.
Once they’ll submit their POI. Go to Payroll->Published info->IT declaration and consider the declaration after verified the same.
Thanks!
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