HR, Payroll, Attendance Software › Forums › Lenvica HRMS › Ask a Question › Calculate Surcharge

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    • Rahul Menon
      Member
      March 24, 2017 at 12:29
      Post count: 27
      #19516

      Hi,

      I'm using the TDS module of Lenvica HRMS. There are some changes in the rule of surcharge from the  financial year 2017-18

      Is that reflect in our system? if not, What I have to do for that?

      Thanks,
      Rahul

    • muneer
      Member
      March 28, 2017 at 03:29
      Post count: 78
      #20267

      Hi Rahulji,

      We are working on it. You will get an update on this April first.

      2017 Onwards: If Taxable Income is between 50L and 1 Cr, Surchage is 10% of income tax.

      15% of income tax, where total income exceeds 1 Cr.

      These are the changes in surcharge.

      If any corrections, write with us.

      Thanks.

    • Justin
      Member
      March 30, 2017 at 10:35
      Post count: 55
      #20268

      Is there any change for the cess charges?

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