Frequently Asked Questions (FAQs)
Find answers to frequently asked questions as an Employee about RazorpayX Payroll.
You can request your manager to
. Otherwise, you can change when filing your Income Tax Returns (ITR) in July.You can declare, modify and upload new proofs only when the Proof Upload window is open. Know how to
.Know how you can
.Your proofs may be rejected due to incorrect or insufficient information to validate your declarations. Know how to
.Follow the steps to
.6. I am an employee and I have received an email that Payroll has changed/removed by tax declaration. Why is that?
You receive such email when either your proofs do not match your declaration, or the proof uploaded has incorrect information. Know how to
.7. Why is the TDS deducted from my salary higher than the previous month, due to which my in-hand salary is also less?
Your in-hand salary is less due to a higher TDS deduction applicable on:
-
A bonus payout you received.
Suppose we do not deduct the increased TDS for a bonus in the current month. In that case, employees must pay the TDS shortfall in the following months. As a result, the in-hand salary also reduces for the following months even if the bonus was only for the current month.
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Proofs verified and approved.
Higher TDS deductions happen on the basis of the proofs approved by your organisation. Ensure you upload proofs that match your declaration amount.
8. I am able to view my declared and approved tax deductions on the Tax Deductions page. However, they are not visible on my payslip. Why?
If you are unable to view your deductions on your payslip, it is because you have not selected your preferred tax regime.
and confirm selection.Your deductions may also not appear on your payslip if you have chosen the new tax regime.
If you do not submit proofs or have submitted proofs lesser than the declared amount, the TDS deduction is higher. Ensure you
before the proof upload window closes.Yes, PF deductions from your salary are considered for tax exemptions.
Your employers can provide the signed Form 12BB. Form 12BB provides a list of declarations you have provided to your organisation.
Yes, the medical insurance provided by your organisation is exempt under Section 80D to a certain limit.
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