The Proof of Investment (POI) process validates the employees' investment activity to avail maximum tax benefits. Ensuring that employees acknowledge their Proof of Investment (POI) declaration means implementing a process or system to obtain confirmation from employees that they have reviewed and acknowledged the accuracy and completeness of the information provided in their POI documents.
To ensure that employees acknowledge their POI declaration, the admin must perform the following actions:
- From the greytHR Admin login, navigate to Payroll > Admin > POI Overview. The POI Overview page opens.
- Click the Settings icon on the right side of the screen. The POI Settings widget opens.
- Under Employee ESS Settings, select Allow employees to acknowledge their declaration.
- In the Declaration Note description box, add the content that employees must read and acknowledge.
Note: This declaration is displayed on the ESS portal when the employees click Submit POI button. A pop-up appears displaying the declaration and asking for confirmation. - Click Save Settings to activate declaration acknowledgment.
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Related Links:
Video- To watch the POI submission video, click here.
FAQs- To read more FAQs about the POI, click here.
Documentation- To learn more about POI, click here.
Product Update- To read about the product update, click here.
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