What is the purpose of the 'Restrict POI Declaration for Non-Applicable Sections in the New Tax Regime' option in POI?

Created by Product Content Team, Modified on Wed, 18 Jun at 3:14 PM by Product Content Team

POI or Proof of Investment are the documents employees submit to validate their eligible investments, expenditures, or other income-related declarations.

The Restrict POI Declaration for Non-Applicable Sections in the New Tax Regime option allows payroll admins to restrict POI submissions for employees who have opted for the new tax regime.

To know the sections that are allowed for POI submission under the new tax regime click here.

This ensures that only necessary documents are reviewed which saves time and makes payroll processing faster and more efficient.

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