Differences

spay:usermanual:emp_empedf [2018/08/16 21:48] mclement		spay:usermanual:emp_empedf [2020/06/05 15:26] (current) mclement
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	====== Employee Declaration Form (EDF) ======		====== Employee Declaration Form (EDF) ======
-	{{:spay:usermanual:edf_criteria_2018_2019.png|}}	+	To view Employee EDF follow the below steps:
		+	*  Step 1: Go to Emplouee
		+	*  Step 2: Click Employee EDF icon
		+
		+	*  Step 3: Click Apply
		+
		+	{{:spay:usermanual:edf_criteria_2018_2019.png|}}
		+
		+	{{:spay:usermanual:emp_edf_2018_2019.png|}}
	* **Employee Code:** Numeric existing employee codes. The employee name is displayed after the code		* **Employee Code:** Numeric existing employee codes. The employee name is displayed after the code
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	-The Government authorities officially declare new Income Exemption Threshold amounts		-The Government authorities officially declare new Income Exemption Threshold amounts
-	An **EDF adjustment** is done only when the employee changes Income Exemption Threshold category and/or Additional Exemption/Interest Relief/Relief for Med or Health Ins. Premium/Deduction for household employees	+
-		+	* **3.2 Additional Exemption**
-	* **3.2 Additional Exemption:** This amount represents the additional exemption in respect of dependent child pursuing undergraduate course	+	* **3.3 Interest Relief**
-	* **3.3 Interest Relief:** This amount represents the interest relief on secured housing loan contracted by first time home owners	+	* **3.4 Relief for Med or Health Ins. Premium**
-	* **3.4 Relief for Med or Health Ins. Premium:** A person may claim relief for premium or contribution payable for himself or his dependents in respect of whom Income Exemption Threshold has been claimed at section 3.1 of the EDF form	+	* **3.5 Deduction for solar emery investment allowance**
-	* **3.5 Deduction for household employees:**  Deduction for household employees: Insert the amount as per EDF of employee. Where a person employs one or more household employees, he may claim a deduction of the wages paid to the household employees	+	* **3.6 Deduction for household employees**
-	up to a maximum of Rs 30,000, from his net income, provided he has duly paid the contributions payable under the National Pensions Act and the National Savings Fund Act. In the case of a couple, the deduction shall not, in the aggregate, exceed 30,000 rupees	+	* **3.7 Deduction for rainwater harvesting investment allowance**
	* **EDF Divider:** The E.D.F divider value 13 is displayed automatically		* **EDF Divider:** The E.D.F divider value 13 is displayed automatically
-	* **First Employment:** Flag indicates if the employee starts working for the first time in the current fiscal year or not	+	* **First Employment:** Flag is activated when employee submits an EDF for the first time in the current fiscal year
	* **Pensioner:** Flag indicates if employee is more than 60 years of age or not		* **Pensioner:** Flag indicates if employee is more than 60 years of age or not
	* **Tax Exemption:** Flag is activated to force the system not to calculate tax for the employee		* **Tax Exemption:** Flag is activated to force the system not to calculate tax for the employee
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	* **PAYE Er %:** The percentage tax the employer has to pay for the employee		* **PAYE Er %:** The percentage tax the employer has to pay for the employee
		+
	====== Employee Declaration Form (EDF) Adjustment ======		====== Employee Declaration Form (EDF) Adjustment ======
-	{{:spay:usermanual:edf_2018_2019_adj.png|}}	+	An **EDF adjustment** is performed only when the employee changes Income Exemption Threshold category and/or Additional Exemption/Interest Relief/Relief for Med or Health Ins. Premium/Deduction for solar energy or household employees or rainwater harvesting
		+
		+	To perform an EDF adjustment follow the below steps:
		+
		+	*  Repeat Steps 1 to 3 used to view Employee EDF
		+
		+	*  Step 4: Select Employee
		+
		+	*  Step 5: Insert Adjustment no. 1 and insert any new figures as per his new EDF
		+
		+	* **Note:** In the case of unchanged Income Exemption Threshold, keep the same figures in column 3.1 of the adjustment menu
		+
		+	*  Step 6: Click Save
		+
		+	{{:spay:usermanual:emp_edf_adj_2018_2019.png|}}
	* **Adj. No.:** Numeric		* **Adj. No.:** Numeric
-	* **3.1 Income Exemption Threshold, 3.2 Additional Exemption, 3.3 Interest Relief, 3.4 Relief for Med or Health  Ins. Premium and 3.5 Deduction for household employees:**  are updated according to section 3 of the new EDF form which has been filled by the employee	+	* **3.1 Income Exemption Threshold, 3.2 Additional Exemption, 3.3 Interest Relief, 3.4 Relief for Med or Health  Ins. Premium and 3.5 Deduction for solar enery, 3.6 Deduction for household employees, 3.7 Deduction for rainwater harvesting:**  are updated according to section 3 of the new EDF form which has been filled by the employee
	* **E.D.F Date:** The date specified on the new E.D.F form		* **E.D.F Date:** The date specified on the new E.D.F form
	* **Periods left:** The number of periods left over the current fiscal year as from the adjustment date		* **Periods left:** The number of periods left over the current fiscal year as from the adjustment date