tax deduction list 1
Navigate to HR > Payroll Setting > Tax / Deduction List

  1. You can add EIS / SIP Employee portion by using the “New Tax / Deduction” button because it is not listed.
  2. Click the button “New Tax / Deduction” as highlighted above.

tax deduction list 2

  1. New Tax / Deduction
  • Key in the Title: EIS 2018
  • Select Type: Deduction from the drop-down
  • Select On: Employee from the drop-down
  • Select Default: N from the drop-down
  • Select Reference: EIS 2018(2018) from the drop-down and click the Add button.

tax deduction list 4
  1. The EIS/SIP deduction for the employee has been added in the list above (see highlighted)

tax deduction list 5
  1. How to change the default to Yes for the EIS/SIP Tax Deduction for the employee?
    Select the above record and click the Edit word and the record will dropdown. You can change the Default (selecting Yes) and click the Update button.

tax deduction list 6
  1. If the Default is set to Yes, this table reference will be used for calculating the EIS / SIP for the employee.