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PCR for Income Tax(India)

PostPosted: Thu Jun 08, 2006 9:45 am
by ragavang
Hi Folks

I am working on Indian Payroll.
I do not want to calculate Income tax for three months.
So i would like to comment the appropriate PCR in the shema so that the calculations will not happen.
What is the PCR i should comment to control the calculations of Income tax under the heading form 16 summary in Payslip.

Appreciate any help

Regards
Ragavan

PostPosted: Fri Jun 09, 2006 2:50 am
by bigchief
I'm not an Indian Payroll expert but I understand, this is a question in relation to your data load and go live in July. I don't understand why you do not follow normal cumulative results upload...

I had a quick look at the Indian schema - do you actually understand how the Indian tax gets calculated in the Indian schema? It doesn't actually look that straightforward.

Why don't you not just take the year to date results as at 30.06.06 from the legacy system, and load them into the T558x (x donates the character at the end e.g. T558A, B etc.)

Chief

Re: PCR for Income Tax(India)

PostPosted: Mon Aug 11, 2014 12:28 am
by rahullrsc2
In case if you need on how to calculate income tax India, here is a site that will help:
http://www.incometaxslabs.co.in/free-in ... alculator/