Following changes which affects Payroll Needs to be implemented Effective from 01JUL2023.

  • National Housing Development Levy (NHDL)
  • Tax Slabs Change

Important Note :

  • Make Sure Previous Years & Months are closed before making these Changes
  • After making these changes No Auto Calculation of previous Months should be done i.e. June 2023 & Prior Months.

National Housing Development Levy

  1. Login to Pay Master
  2. Goto Menu System à Settings à System Settings (Step 1 in Screenshot)
  3. When Prompted Write the Password
  4. Click More Settings (Step 2 in Screenshot)
  5. Goto Settings 5 (Step 3 in Screenshot)
  6. Enable “Apply National Housing Development Fund Levy” by ticking it (Step 4 in Screenshot)
  7. Click Ok to Save Changes (Step 5 in Screenshot)
  8. Click Ok On Subsequent screen

Setup Rounding

It is advisable to set Upward Rounding for National Housing Development Levy as mentioned in following screenshot

  1. Login to Pay Master
  2. Goto Menu System à Settings à System Settings (Step 1 in Screenshot)
  3. When Prompted Write the Password
  4. Set Rounding Options under “Regular’s Settings”
  5. Set Rounding Options under “Casual’s Settings”

Employee Settings

In Paymaster we have given an Option to Set NHDL at Employee Level, To Enable NHDL for all Employees follow these steps

  1. Login to Pay Master
  2. Goto Menu System à Settings à Employee Settings (Step 1 in Screenshot)
  3. Select “General Information” (Step 2 in Screenshot)
  4. Select Employees (Step 3 in Screenshot)
  5. Enable “Apply NHDF” by ticking it (Step 4 in Screenshot)
  6. Click Save it (Step 5 in Screenshot)

Tax Slabs Change

Montly Tax Table

  1. Log in to Paymaster
  2. Go to Menu “Statutory” & Expand it
  3. Select “Monthly IT Table” Menu which will Open a Form to Specify Tax Slabs (Step 1 in Screenshot)
  4. Click Add Button (Step 2 in Screenshot)
  5. Select effective date 01/07/2023
  6. Specify Remarks
  7. Double Click on each cell and edit the figures by filling in the new figures as illustrated in Following Screenshot
  8. Change “Monthly Personal Relief Single” to 2,400 Instead of 1,408
  9. Change “Low Income Limit (Basic + HRA)” as Per New Slab of 24,000
  10. Click on the ‘save’ button (Step 7 in Screenshot)

Note : You can even Import the Tax Table Directly via File distributed by Endeavour Africa Ltd. In this case Follow Step 1, 2 in Above screenshot. Then Proceed to Import From XML (Optional Step 3) & Click Save (Step 7)

Yearly Tax Table

  1. Log in to Paymaster
  2. Go to Menu “Statutory” & Expand it
  3. Select “Yearly IT Table” Menu which will Open a Form to Specify Tax Slabs (Step 1 in Screenshot)
  4. Click Add Button (Step 2 in Screenshot)
  5. Select effective date 01/07/2023
  6. Specify Remarks
  7. Double Click on each cell and edit the figures by filling in the new figures as illustrated in Following Screenshot
  8. Click on the ‘save’ button (Step 6 in Screenshot)

Note : You can even Import the Tax Table Directly via File distributed by Endeavour Africa Ltd. In this case Follow Step 1, 2 in Above screenshot. Then Proceed to Import From XML (Optional Step 3) & Click Save (Step 7)