Accessible to : Regular Employees included in Payroll
Through this tab you can declare the number of children, tax free gratuity and tax free leave encashment earned across previous employers.
Number of children for Education Allowance : rebate is given up to a max of 2 children, amount of rebate is INR 3000 per month per child
Number of children for Hostel Allowance : rebate is given up to a max of 2 children, amount of rebate is INR 9000 per month per child
Exemption amount against these heads would be based on monthly basis. If date of joining is in middle of a month even then exemption would be for whole month
Tax free leave encashment earned : enter the value of tax free leave encashment earned across all previous employers