Versions Compared

Version Old Version 2 New Version 3
Changes made by

T E Gautham

T E Gautham

Saved on

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

...

As soon as you click on the  icon on top-left in the table, you will see a row with a dropdown appearing inside the table from which you can select the investment avenue.

Image Added


You can create as many rows as you wish to enter details of all your insurance premiums paid during the year by clicking the Image Removed iconthe Image Added icon. If you wish to delete any of the rows, you could do so by clicking on the Image Removedthe Image Added icon at the beginning of the row.


Field

Instruction

Policy No.

Please enter the insurance policy number.

Insured Person

Please enter the name of the insured person for whom the policy has been taken.

Relationship

Please select the relationship of the insured person to yourself from the drop down.

Policy Amount / Sum Assured (Rs)

Please enter the total policy / sum assured amount (in Rs). The amount can have a maximum of two decimal places. Please do not enter the premium information in this field.

Premium

Please enter the total annual premium Tax Rebate

Select from the dropdown.

Amount

Please enter the total annual amount (in Rs). The amount can have a maximum of two decimal places.

Proof Submission

...


Investment Under Section 80C

Proof to be submitted

Guidelines

Life insurance premium

Photocopy of all premium receipts issued by the insurance company along with copy of the insurance policy

  • Policy should be issued by a company approved by the Insurance Regulatory and Development Authority (IRDA)
  • Late payment fees charged will not be considered as premium paid
  • Receipts should be of the current year only
    • Policy can be in the name of individual, spouse, & children

    Repayment of housing loan principal

    Housing loan repayment certificate issued by the bank/financial institution

    • The certificate should pertain to the current year and clearly state the principal and interest amounts payable for the year. 

    Contribution to NPS, bank deposits, specified mutual funds, etc.

    Payment receipt issued by the institution

    		The payment should pertain to the current year.

    Whenever you submit receipts to your organization, amounts in the investment receipts should be the same as the amounts entered in the tax declaration screen of HRWorks.