Declare investments from the Main Panel

As we enter the financial year 2023-2024, you need to start declaring your investments in the portal.

HRStop allows you to manage investment declarations. You can fill in the investment declaration in the portal and submit it. To avoid/reduce TDS deduction, you can invest in different tax-saving schemes.

Follow these steps to declare an investment in the portal:

1. Navigate to Main Panel → Compensation → Investment declaration.
2. The page that opens shows the fields for adding investments.
3. Fill in the details and click Save. The details you entered are saved, and you can make changes as and when required. This saves the investment as a draft so that you can come back and resume the work.
4. Click Submit to submit the form. This sends your investment declaration to the finance team. Once submitted, the values cannot be changed.
   
   All changes are applied instantly. You can also download the investment declaration for the selected financial year.
   
   Follow these steps to upload proofs:

1. Scroll down to the Upload Documents section and enter the Title, Description and Amount.
2. Choose the option under which the investment is declared, choose the file to upload as proof of the declared investment, and click Upload.
   
   The entry is listed in a table with the status Submitted. You can download or delete the entry using the icons under the Actions column.
   
   
   Note:
   1. 200000 is the standard deduction for housing loan repayment interest, but the maximum limit is 250000 in some special cases.
   2. Once you submit an investment declaration, you cannot edit/update it.