Income Tax Slab

"Income Tax Slab" refers to the predefined income ranges used to calculate income tax liability.

Configuring Income Tax Slabs:

1. Access ASAERP: Log in to your ASAERP account with the necessary permissions to configure income tax slabs.

2. Go to the Payroll Module:

   • In the left sidebar, click on the "Payroll" module.

3. Click on "Income Tax Slab":

   • In the Payroll module, you can find the "Income Tax Slab" option.

4. Create a New Income Tax Slab:

   • Click the "+ New" button to create a new income tax slab.

5. Define Tax Slab Details:

   • In the tax slab form, specify the slab name, rate, and other relevant information.

6. Save the Income Tax Slab:

   • After defining the tax slab, click the "Save" button to create it.