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TallyPrime 5.0 automates TDS calculation under Section 194Q, ensuring compliance with Finance Bill 2021. Easily calculate TDS on transactions, manage threshold limit and exemptions, and file returns seamlessly.
https://help.tallysolutions.com/docs/te9rel53/Payroll/Creating_Earnings_Pay_Head.htm

Creating Earnings Pay Head (Payroll)

Based on the Calculation Type and the Calculation period selected, the Earnings Pay heads can be further classified into the following types:  

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