Why Pay Extra TDS? Submit Your Tax-Saving Investment Proofs On Time

Jun 04, 2018 | 12 months ago | Read Time: 1 minute | By iKnowledge Team

Submit your tax-saving investment proofs to your employer on time and make sure you enjoy tax benefits:

Tax Saving Investment

Employers need your proofs to:

  • Calculate your tax liability
  • Compute tax deducted at source (TDS)

 Provide proofs of:

  • Tuition fees
  • House rent receipts
  • Interest paid on housing loan
  • Public Provident Fund passbook
  • Life and health insurance premium receipts
  • Tax-saving fixed deposit statements

 If you delay:

  • Your employer may deduct excess TDS

 Problem with paying excess TDS

  • Lengthy processing of income tax refunds
  • Financial strain

When to submit documents

  • Submit everything by March 10 or earlier
  • Check deadlines with your employer

Save taxes with Aegon Life’s insurance plans. For details, visit https://www.aegonlife.com/insurance-plans/

Advt. no.: IA/MAY 2018/3988

To know about AegonLife’s saving plans and ULIPs, visit our home page.


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