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    Change Tax Regime

    Uploaded by

    fahadmohamed

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Change Tax Regime

    Uploaded by

    fahadmohamed
    2 views2 pages

    Original Title

    ChangeTaxRegime

    Copyright

    © © All Rights Reserved

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    PDF, TXT or read online from Scribd

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    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    2 views2 pages

    Change Tax Regime

    Uploaded by

    fahadmohamed

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    SOP To Change Tax Regime (For New Joiners)

    This Standard Operating Procedure (SOP) outlines the process for New Employees who wish to update
    their income tax regime as the Old Tax Regime as per the latest tax rules and regulations. By updating their
    tax regime, employees can ensure accurate tax deductions and compliance with the applicable tax laws.

    The new Tax regime is set as default for all employees.

    Eligibility Criteria:
    All New Employees of the organization are eligible to request the change in their tax regime (from New to
    Old). For the employees already on the rolls of Genpact, if they wish to switch between the existing tax
    regimes, such as the old tax regime (with exemptions and deductions) and the new tax regime (with
    reduced tax rates but no exemptions and deductions), are eligible only at the beginning of Financial Year
    (April Month).

    Procedure for requesting change in Tax Regime:

    Step 1- Tools -> All Tools -> H -> HelpMate ->

    FOR INTERNAL CIRCULATION ONLY Pg 1


    Step 2- Raise a HelpMate ticket under the Payroll Category to opt old tax regime. This is only for new
    joiners.

    Step 3- Trigger Email/Ticket details need to be shared with the helpdesk team (through email).
    Details can be sent to
    hr.helpdesk@genpact.com; Pawan.Chaurasia@genpact.com; satyanarain.gupta@genpact.com
    with copy to
    Yasho.Vardhan@genpact.com & sujit.jha1@genpact.com

    Important Note:
    • The payroll cutoff is the 20th of every month.
    • Raise the request before the Payroll Cutoff date for the month.
    • Requests made after the cut-off will be considered in next month's payroll.

    FOR INTERNAL CIRCULATION ONLY Pg 2

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