=============New Tax Rates (Fiscal Year 2023-2024)=============

**  * (i) NO PAYE deducted from the monthly emoluments of an employee where such emoluments do not exceed Rs 30,000 (EXEMPT Employee) who submitted his EDF**

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   * Employee's EDF record 

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   * Employee's PAYE calculation slip 

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**  * (ii) New PAYE calculation on the chargeable income brackets provided by the MRA**

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   * Employee's EDF record 

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   * Employee's PAYE calculation slip 

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**  * (iii) PAYE at flat rate of 15% where NO EDF is submitted by an employee who derives emoluments exceeding Rs 30,000 in a month**

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 * Employee's EDF record

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 * Employee's PAYE calculation slip

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**  * (iv) PAYE at flat rate of 15% where NO EDF is submitted by an employee who derives emoluments not exceeding Rs 30,000 in a month**

 * Employee's EDF record

{{:spay:procguide:spay_edfflatrate15percentnoedfemonotexceeds30k_20232024.jpg|}}

 * Employee's PAYE calculation slip

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