Differences

spay:hrmsprocguide:edf_adjustment_during_the_fiscal_year [2025/12/11 16:02] mclement		spay:hrmsprocguide:edf_adjustment_during_the_fiscal_year [2026/02/03 09:07] (current) ndomingue
Line 12:		Line 12:
	* Step 2: Check the **Total emoluments paid in previous months**, which in this example refers to the July emoluments, since the PAYE Calculation Checklist is for the month of August.		* Step 2: Check the **Total emoluments paid in previous months**, which in this example refers to the July emoluments, since the PAYE Calculation Checklist is for the month of August.
	* Step 3:  Ensure that the employee’s **Reliefs and Exemptions** are correctly applied according to their EDF.		* Step 3:  Ensure that the employee’s **Reliefs and Exemptions** are correctly applied according to their EDF.
-	* ** (0 * 2 / 13) + 0 + (15,833.33 * 1) ** As shown, illustrations 3(a–e) correspond to the following:	+	* ** (0 * 2 / 13) + 0 + (15,833.33 * 1) ** are illustrated via 3(a–e) and correspond to the following:
	* 3a → **0** shows that the EDF was submitted in July with only the self exemption.		* 3a → **0** shows that the EDF was submitted in July with only the self exemption.
	* 3b → **2 ** corresponds to August, which is the 2nd month of the fiscal year.		* 3b → **2 ** corresponds to August, which is the 2nd month of the fiscal year.
	* 3c → **13 ** represents the fiscal year running from July to June, which counts 13 months because it includes the end-of-year bonus.		* 3c → **13 ** represents the fiscal year running from July to June, which counts 13 months because it includes the end-of-year bonus.
	* 3d → **0 ** indicates that there is no EDF adjustment for previous months.		* 3d → **0 ** indicates that there is no EDF adjustment for previous months.
-	* 3e → **15,833.33 * 1** corresponds to the total exemption of Rs 190,000 from the new EDF submitted in August, spread over the remaining 12 months of the fiscal year (from August to June).	+	* 3e → **15,833.33 * 1** corresponds to the total exemption of Rs 190,000 from the new EDF submitted in August, spread over the remaining 12 months of the fiscal year (from August to June) which counts 12 months because it includes the end-of-year bonus.
-	* Step 4: Ensure that the **Chargeable Income** is correctly calculated.	+	* Step 4: Ensure that the **Chargeable Income** correctly corresponds to the difference between the Total emoluments (including Taxable benefits) and the less Reliefs and Exemptions.
	* Step 5: Check the **Tax Charged (PAYE) ** from the Tax on Progressive Scale table.		* Step 5: Check the **Tax Charged (PAYE) ** from the Tax on Progressive Scale table.
	* Step 6: Check the **Tax paid in previous months**, which in this example refers to the July tax, since the PAYE Calculation Checklist is for August.		* Step 6: Check the **Tax paid in previous months**, which in this example refers to the July tax, since the PAYE Calculation Checklist is for August.
Line 32:		Line 32:
	* Steps 1 and 2 are the same as in the previous PAYE Calculation Checklist.		* Steps 1 and 2 are the same as in the previous PAYE Calculation Checklist.
	* Step 3:  Ensure that the employee’s **Reliefs and Exemptions ** are correctly applied according to their EDF.		* Step 3:  Ensure that the employee’s **Reliefs and Exemptions ** are correctly applied according to their EDF.
-	* ** (0 * 3 / 13) + 15,833.33 + (15,833.33 * 1) ** As shown illustrations 3(a–e) correspond to the following:	+	* ** (0 * 3 / 13) + 15,833.33 + (15,833.33 * 1) ** are illustrated via 3(a–e) and correspond to the following:
	* 3a → **0** shows that the EDF was submitted in July with only the self exemption.		* 3a → **0** shows that the EDF was submitted in July with only the self exemption.
	* 3b → **3** corresponds to September, which is the 3rd month of the fiscal year.		* 3b → **3** corresponds to September, which is the 3rd month of the fiscal year.
Line 51:		Line 51:
	* Steps 1 and 2 are the same as in the previous PAYE Calculation Checklist.		* Steps 1 and 2 are the same as in the previous PAYE Calculation Checklist.
	* Step 3:  Ensure that the employee’s **Reliefs and Exemptions ** are correctly applied according to their EDF.		* Step 3:  Ensure that the employee’s **Reliefs and Exemptions ** are correctly applied according to their EDF.
-	* ** (0 * 4 / 13) + 31,666.66 + (15,833.33 * 1) ** As shown, Steps 3(a-e) correspond to the following:	+	* ** (0 * 4 / 13) + 31,666.66 + (15,833.33 * 1) ** are illustrated via 3(a–e) and correspond to the following:
	* 3a → **0** shows that the EDF was submitted in July with only the self exemption.		* 3a → **0** shows that the EDF was submitted in July with only the self exemption.
	* 3b → **4** corresponds to October, which is the 4th month of the fiscal year.		* 3b → **4** corresponds to October, which is the 4th month of the fiscal year.