Proof of Investment
• Tax planning and investment declaration is done
by employees for tax exemption for the next
• Taxable Income is computed based on this and
subsequently tax will be deducted, every month.
• Proof of investment is to be submitted by
employees to show the validity of their
Benefits of POI Module
• Ensures quick & hassle free verification of declared investment
against actual investment.
• Data entry mistakes are minimal as it is updated at source by
• Automated email alerts on status of proof items
• Sends reminder mails to employees who have not submitted
• Online submission of documents reduces paper work and
Benefits - For the admin
• Option to allow employees to submit POI in a
designated time frame and negate ad-hoc submissions,
thereby streamlining processes
• Keep track of submitted and pending POIs and initiate
• Option to make remarks on rejected POI there by
leaving no ambiguity to the process.
• The Admin can reopen a submitted POI for any changes
• As all data is entered by employee at sources, data
errors and efforts get reduced.
Benefits - For the employee:
• Be notified by Payroll/HR department, intimating the time line for POI
submission to act on without lapses
• Employee can update the details with necessary supporting documents.
• To view and monitor the status of Proof of Investment
• As this communication happens before the final payroll processing,
employees have an opportunity to fix issues and ensure that correct tax
POI review –
The option to release POI Declaration to employees is available under Payroll>Admin.
Release POI for selected or all employees
Employee submits proofs of investment
The employee receives a notification in Employee Portal about activation of POI
Along with filling in the IT Declaration, employee can upload the proofs
Proof is submitted for investments made, rents and other income
Process Proof of Investment (POI) submitted by employees. Go to Payroll>Admin>POI Track
Once processed, the declaration is considered for TDS computation
Ability to accept or reject the
applied proof with remarks
Reminder for submission
For employees who have not submitted their POI declaration, you can send them reminder or As
Admin, you can submit employee's IT Declaration with existing values or modify values.
For more email us at email@example.com
or visit our Help Doc