While payroll processing, /4e8 wagetype is showing gratuity exemption amount as 1,13,400 whereas it should be 20 Lacs.
After analyzing, I see it is taking /129 01 amount for calculation whereas it should have considered /129 03 amount. Also, in Act...
Hi All,
After patch upgrade, the Marginal tax relief (rebate of section 87A) is not getting calculated for employees under New Tax regime.
As per the Union budget, PFB
However, PFB the income tax calculation by system
Whereas, correct c...
Hi all,
The bank name is not reflected in the payslip for 1 employee. It is because there are 2 records maintained in IT0009. The previous record was a cheque payment hence no bank key was maintained. However, the recent record is a bank transfer a...
Hi Guru's
It's a standard payslip. The payscale min basic and maximum basic is not visible for few employees.
I tried selecting (P0008-ZMINBAS) under single fields but it's still not visible.
Currently, P0008-BET31 is being used in all payslips...
Hi all,
After running PT60, we are getting 1 new entry of Earned leave in IT2006. The existing entry is from 1.7.2013. However, it created a new entry from 1.1.2013. Please refer to the below Screenshot
What is the issue here and how to rectif...
Calculation should have been - [4914+4914+142526= 152354]------ 152354X40X15/26= 3515862= 20,00,000 (Exemption limit)It is showing- 4914X40X15/26= 1,13,400
HI Sikindar,This issue is coming only for April month. If we simulate for March or May it is reflecting the Payscale.What could be the problem any idea?
Hi,It is not working for me. In my case, the Bank Account number is reflected. However, Bank name is not reflecting for employees who have 2 entries in 0009 IT, wherein old entry is of cheque payment and recent entry is of bank transfer.For Bank name...
It doesn't say anything about Marginal relief.After Patch upgrade, In New tax regime system is not calculating Rebate under Section 87A.Please help, how to get this fixed?
