Define annual tax slabs for Old and New regimes — with surcharge, cess, and rebate rules — ready for the next financial year.
Navigate to Tax and Statutory Compliances → Tax Rules → Tax Slabs
The Income Tax Slabs for both the Old and New regimes are pre-defined as per the latest Income Tax Department notifications. The system uses these slabs to automatically compute monthly TDS (Tax Deducted at Source) during payroll processing.
Any government updates to slab rates are applied in the system configuration.
Fig: Tax Slabs