Hi, did anybody ever experience wrong tax calculations by JPMC Payroll/tax team ? Or is there any specific month where they deduct more tax. Huge amount of tax deduction is done for Oct payout. From my CA’s calculation the amount deducted by JPMC team looks wrong. Anybody experienced this?
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In 2nd month salary, they deducted huge tax . Don't know how they are calculating..
I experienced this for the month of April. Raise HR answers with your calculations of how much tax be deducted.
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Thanks for sharing. Did you see they deducted any wrong inflated amount? And did they rectify it for the upcoming months? I did raise the ticket. Team replied asking me to share my calculations and then they will raise it with their Vendor team who processes all this. My point is can we expect such errors from JPMC, we have to mindful in future in that case.
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Did you recently declare previous employer income or change any investment declaration?
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Check your tax computation - whether they considered your 12b
We all face the same as a new joineer and later realize we are calculating wrong not they :)
Same feelings I had last year
One you have the 12BB it will clear like water :)