Differences

spay:hrmsprocguide:fair_share_contribution [2026/02/16 11:24] mclement		spay:hrmsprocguide:fair_share_contribution [2026/02/16 14:16] (current) mclement
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	* Step 3: Ensure that the employee’s **Reliefs and Exemptions** are correctly applied according to his EDF.		* Step 3: Ensure that the employee’s **Reliefs and Exemptions** are correctly applied according to his EDF.
	* **(110000 * 9 / 13) + 0 + (0 * 1)** is illustrated via 3(a–e) and correspond to the following:		* **(110000 * 9 / 13) + 0 + (0 * 1)** is illustrated via 3(a–e) and correspond to the following:
-	* 3a → **110,000** shows an EDF was submitted in July 2025 with a total exemption of Rs 110,000	+	* 3a → **110,000** shows an EDF was submitted in July 2025 with a total exemption of Rs 110,000.
-	* 3b → **9** refers to the month of February 2026, which is the 9th month of the fiscal year.	+	* 3b → **9** refers to the month of February 2026, which is the 9th month of the fiscal year.
	* 3c → **13** represents the fiscal year runs from July 2025 to June 2026 and has 13 months, including the end-of-year bonus.		* 3c → **13** represents the fiscal year runs from July 2025 to June 2026 and has 13 months, including 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.
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	{{:spay:hrmsprocguide:tax_withheld_in_the_month_only_step_8_detailed2.png|}}		{{:spay:hrmsprocguide:tax_withheld_in_the_month_only_step_8_detailed2.png|}}
-	{{:spay:hrmsprocguide:february_2026_steps_5_to_8.png|}}
	* <fc #ff00ff>**For a clearer understanding of the figures in Steps 7 and 8, please refer to the PAYE Calculation Checklist for March 2026 below, once the February 2026 payroll has been finalised.**</fc>		* <fc #ff00ff>**For a clearer understanding of the figures in Steps 7 and 8, please refer to the PAYE Calculation Checklist for March 2026 below, once the February 2026 payroll has been finalised.**</fc>