Investment Proof Submission: Income Tax Declaration | Save taxes | FY 2022-23
Your HR is all set to request you to submit investment proofs for FY 2022-23. Investment declaration is a process put in place to help your employer compute TDS correctly. For correct TDS calculation, your employer requires you to declare your tax-saving investments twice every year- once in April-May and the second in December-March. If you fail to submit the proofs, you risk a higher TDS cut from your salary in Jan-March. Watch this video to understand everything about investment declaration and investment proof submission.
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Timestamps
00:00 Introduction
00:42 What is Investment proof submission?
02:28 When to make an investment declaration?
02:49 Old tax regime vs new tax regime
03:19 Proof of investments
06:07 FAQs
07:30 Conclusion
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Watch video Investment Proof Submission: Income Tax Declaration | Save taxes | FY 2022-23 online without registration, duration hours minute second in high quality. This video was added by user Clear from ClearTax 10 December 2022, don't forget to share it with your friends and acquaintances, it has been viewed on our site 41,801 once and liked it 549 people.