What happens if the admin does not release POI declaration for employees?

Created by Product Content Team, Modified on Tue, 20 Feb at 3:15 PM by Product Content Team


Proof of investment refers to documentation or evidence an employee provides to validate their investments in various financial instruments such as mutual funds, stocks, fixed deposits, or insurance policies. If the admin fails to release the POI declaration, the employees cannot avail the tax benefits or comply with regulatory requirements. These values are also considered in Form 16 Part B.


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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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