Introduction
Declaring previous income is an essential step in ensuring accurate tax deductions and compliance with financial regulations. Employees who have switched jobs within the financial year must report their previous employer's earnings to prevent discrepancies in tax calculations.
uKnowva HRMS simplifies this process by allowing users to declare their previous income under the Investment Declaration module. This feature ensures that tax deductions, including TDS, Provident Fund, and Professional Tax, are accurately recorded.
This article explains how to declare previous income in uKnowva HRMS using a simple step-by-step process.
Step 1: Access the Investment Declaration Module
Log into your uKnowva HRMS account and navigate to the Investment Declaration menu from the side navigation panel.
Click on My Investment Declarations sub-menu to open the interface displaying a list of different investment options for the selected financial year.
The tabular list is categorized under the following headers:
- Particulars – The type of declaration.
- Action – Options to edit or update declarations.
- Amount (Rs) – The declared amount.
- Status – The approval status of the declaration.
Step 2: Select the Financial Year
On the left side of the page, locate the Financial Year dropdown. Click on it and select the relevant financial year in which you earned income from your previous employer.
This ensures that the declared income is recorded under the correct period.
Step 3: Select the Tax Regime
Before declaring previous income, select your preferred Tax Regime. There will be two options:
- Old Regime
- New Regime
Choose the applicable regime based on your tax preference.
Step 4: Locate the Income from Previous Employer Section
Scroll through the list of declarations and find the entry labeled Income from Previous Employer.
Once found, click on the pen icon present under the Action column in the same row.
This will open a new interface where you can enter your previous income details.
Step 5: Enter Previous Income Details
In the new interface, fill in the following details to ensure accurate reporting:
- Earned Gross Income – Enter the total income earned from your previous employer.
- Deducted Provident Fund – Input the amount deducted for the Provident Fund (PF).
- Total Deducted TDS – Provide the total Tax Deducted at Source (TDS) by the previous employer.
- Cess on TDS – Mention any additional cess levied on TDS.
- Deducted Professional Tax – Specify the amount deducted for professional tax.
- HRA Exemption – If you received a House Rent Allowance (HRA) exemption, enter the amount.
- Actual TDS – Input the final TDS amount deducted by the previous employer.
Step 6: Upload Supporting Documents
To support your declaration, upload your previous employer’s salary slips. Click on Choose File to select a file from your device.
If you need to upload multiple documents, use the + icon next to the upload option to add more files.
Step 7: Save or Cancel the Declaration
Once all the details are entered, click Save to confirm your declaration. If you want to discard the changes, click Cancel instead.
Conclusion
That’s it!
You’ve now successfully declared your previous income in uKnowva HRMS.
By completing this process, you ensure accurate income records, correct tax calculations, and smooth year-end tax filing, while staying compliant with tax regulations.
If you have any questions or need additional support, feel free to contact us at This email address is being protected from spambots. You need JavaScript enabled to view it..