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General

General tab is used to round off the Net Salary.

It follows this features:

Nearest Rupee
Nearest Ten Rupee
Higher Rupee
Higher Ten Rupee
None(2 decimal)
Carry Over Round Off

General

Nearest Rupee

Select Nearest Rupee to round off value to nearest rupee.
Ex: If total income is :26.40

Then the Nearest Rupee will be 26.

Nearest Ten Rupee

Select Nearest Ten Rupees to round off value to nearest ten rupees. For more information refer:http://www.charteredclub.com/rounding-off-in-income-tax-section-288a-288b/
Ex: If total income is :638944.50

First paise would be ignored.

Final total amount 638944 would be considered.

This amount would be reduced /increased to the nearest multiple of 10.

Now here last digit is 4 which is less than 5,it would be reduced to the nearest

multiple of 10 which would be 638940.

Higher Rupee

Select Higher Rupee to round off value to higher rupee.
Ex: If total income is :63.80

Then Higher Rupee will be 64.

Higher Ten Rupee

Select Higher Ten Rupee to round off value to higher ten rupee.
Ex: If total income is :63.80

Then Higher Rupee will be 80.

None(2 decimal)

If you are not rounding off salary, select None (2 decimal places) to display exact amount with 2 decimal places.

Carry Over Round Off

If you are carry forwarding amount to next month and if you want to round off this value, select Carry Over Round Off option by clicking check box, this rounds off salary to based on the option you select above and the remaining amount is considered in next months salary.
Ex: If total income is :63.80.

If you select Higher Rupee.

Then 64 rupee will be carried forward over to the next month salary.

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