Tax Regime Selection Page

You can set up the accessibility for employees to select the preferred tax regime for the financial year.

This timeline is available for a specific period each month in the financial year, until the proof submission period begins. The tax regime can be the old or new tax regime, that forms the basis for the investment declaration flow. The tax regime needs to be maintained both for the regular employees and new hires. For new joiners, joining in the middle of a financial year, the new tax regime can be selected.

Here's how you can set up the access to the tax regime page for an employee:

1. Set the scope for this task by selecting the parent Legal Entity and then the Legal Reporting Unit, as described in previous tasks.

2. Select Manage Legal Reporting Unit HCM Information in the implementation project task list.

3. On the Manage Legal Reporting Unit HCM Information page, select the Tax Reporting Unit and click Next.

4. Select the Tax Reporting Unit Type and click Next to fill the respective information.

5. In the Tax Regime Information, specify the timeline to select the tax regime.

   Field	Description
   Effective Period Start Date	Enter the start date from when the required tax regime can be selected.
   Effective Period End Date	Enter the end date before which the tax regime needs to be selected.

6. Click Submit.