...
5.6 PT Setup
Now, let’s focus on the next setup in this stage, that is, PT or professional tax
If you want to continue with the default settings, click “Yes, use default PT setup.”
...
... investments, ensuring compliance with tax regulations and supporting overall financial well-being.
These tools collectively empower employees with valuable resources for effective day-to-day financial ...
... to change user’s tax regime in bulk added
The list of exemptions updated
6.Overall improvements
UX improvement in profile field manager
Academic year option added for schools and universities ...
Investment Declarations help your employees reduce their taxable income ultimately maximizing their take-home salary.
Now you can allow your employees to themselves submit the proposed investments ...
Login with Admin account and Go to uKnowva Configuration --> Apps Manager and click on Investment declaration app
And then set Proofs requires as No and Auto Approve as Yes
... amount declared in the income tax rules
9. 'Options for loan availed for' to include purchase of property, construction of property etc. This list may change according to income tax rules.
...
