If you are a salaried employee and have already made some investments to save tax, it is important to ensure that you inform your employer about these investments. This can help you avoid a huge salary cut in the last two months of fiscal year 2025. By submitting the correct information and investment proof, you can not only save tax but also avoid financial stress.

Provide investment information: If you have invested money in any tax-saving investment like PPF, NSC, or ELSS, then inform your employer about it immediately. After providing investment information, submit its proof on time, otherwise more TDS will be deducted.

Take advantage of Section 80C: Claim tax exemption under Section 80C on investments up to ₹1.5 lakh. This includes insurance premiums, PPF, and other investments. You can invest an additional ₹50,000 in NPS (Tier I account), which provides tax exemption under Section 80CCD (1B).

Be cautious when changing jobs: If you have changed jobs during the fiscal year, then give the information of old income and tax claims to the new employer. Give the correct information about tax exemptions taken during the old job to the new employer, so that you do not make a double claim by mistake.

Pay attention to TDS deduction: If you have not given the investment information, the employer can deduct more TDS from your salary. Provide investment information on time. Contact an experienced CA or financial advisor for tax planning so that your tax filing is accurate.

Keep an eye on time: Make sure that the investment information and proofs are submitted before the end of the fiscal year. This will not put any additional burden on your salary.

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