Submitting investment declarations is a matter of concern for most Payroll/Finance Managers. Tax planning and investment declaration are to be done by the employees for tax exemption for the next financial year. Taxable Income is computed based on this and, the tax will be deducted monthly. The most important document in an investment declaration is the investment proof.
This process is quite tedious and time-consuming but greytHR’s Proof Of Investment (POI) module allows you to complete this activity hassle-free. With greytHR’s POI module, you have:
- Automatic email alerts to employees that remind them to submit their Proof documents.
- Online review of documents by Administrators who then approve, reject or ask for additional information.
- Automatic Income Tax (TDS) recalculation in your Payroll. In a single click, lock the POI and include payroll processing. Approve and forget!!
Related Links:
- FAQs - To read more FAQs about the Admin portal, click here.
- Documentation - To read more about the Admin portal, click here.
- Video - To watch videos on the Admin portal, click here.
- Product Update - To read about the product update, click here.