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spay:hrmsprocguide:new_edf_submitted_during_fiscal_year [2025/12/11 16:09] mclement |
spay:hrmsprocguide:new_edf_submitted_during_fiscal_year [2025/12/11 16:21] (current) mclement |
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| - | ========================New EDF submitted during fiscal year======================== | + | ========================New EDF submitted during the fiscal year======================== |
| In this example, the employee had not submitted an EDF in July and was therefore taxed at a flat rate of 15%. In August, he submits a new EDF with Rs 110,000 exemptions. | In this example, the employee had not submitted an EDF in July and was therefore taxed at a flat rate of 15%. In August, he submits a new EDF with Rs 110,000 exemptions. | ||
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| - | * **(110000 * 2 / 13) + 0 + (0 * 1)** As shown, illustration 3(a–c) correspond to the following: | + | * **(110000 * 2 / 13) + 0 + (0 * 1)** are illustrated via 3(a–c) and correspond to the following: |