What happens if an employee tries to submit POI for a restricted section in the new tax regime?

For employees choosing the new tax regime, payroll admins can now allow POI declarations to only relevant tax sections, such as Previous Employment, Section 24 (Income/Loss from House Property), and Other Income.

If an employee attempts to submit POI for a section that is not permitted under the new tax regime, the system restricts the submission. It guides the employee to submit entries only for sections permitted under the new regime. This ensures that submissions are accurate and meet the requirements of the selected tax regime.

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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.