Calculation Cards for Deductions at Different Levels for India

A predefined Statutory Deductions calculation card is created when a person is hired, if the product extension is set to Payroll or Payroll Interface.

Use the cards to record information specific to a person or organization. Calculation card entries override default values defined at other levels. For India payroll, only the personal calculation card (payroll relationship level) is applicable.

Here's the priority of information, from the highest to the lowest:

1. Personal calculation card (payroll relationship level)

2. Tax reporting unit calculation card

3. Payroll statutory unit calculation card

4. Calculation value definitions (legislative data group level)

Each component on calculation card relates to an element, such as an income tax deduction. You need to associate a separate tax reporting unit to the employee for each statutory deduction through the calculation card.

Association of TRU decides which rates and rules at the tax reporting unit level apply to the calculation of the respective components. You can enter specific rates or other values for the person, which might override default values held on a calculation value definition. For example, professional tax exemption.

You can also store other statutory information related to the employee, such as Universal Account Number (UAN).