Added Income from Let Out Property
Employees can now add income from their let out property in their IT Declaration on Employee Self Serve (ESS). To do so, go to My Info > IT Declaration > select <year> > Section 24 > Income from let out property. All pertinent calculations, such as municipal taxes and interest on housing loan, are taken care of in this comprehensive section. This makes it simple and effortless for both employee and HR to arrive at the next tax on let out property. Declarations made in ESS will reflect in Payroll > Published Info > IT Declaration > Section 24 > Income from let out property of greytHR.
If IT Declaration is not available for selected employee, click the Declare for <month year> button to create new plan and enter details in it.