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Choose your tax regime and declare investments

Your income tax is deducted from your salary each month. In My Tax you choose your tax regime and declare investments and other deductions so the right amount of tax is deducted.

When you can do this​

Your payroll team opens two windows each year:

  • Declaration window – choose your regime and declare what you plan to invest.
  • Proof window – upload proofs for what you declared.

My Tax shows the dates. If it says the declaration window hasn't been opened yet, check back later or ask your payroll team.

Choose your tax regime​

  1. Go to My Tax.
  2. Under Tax regime, choose the old or new regime.

If you don't choose, the new regime applies. Once your regime is locked for the year, ask payroll if it needs to change.

Declare investments​

  1. In My Tax, enter the amounts for each section that applies to you.
  2. Submit your declaration. Tax for the rest of the year is calculated using your declared amounts.

Submit proofs​

  1. In the proof window, open Proofs and upload a proof for each declared amount. Some sections need a proof before they can be verified.
  2. Select Submit for verification.

After the proof deadline, only verified amounts reduce your tax. Amounts without verified proof may increase the tax deducted in the remaining months.