Every salaried employee wants to reduce tax outgo, but many miss out simply because they fail to submit the right tax-saving proofs to their employer on time. These documents help employers calculate accurate TDS and ensure eligible exemptions and deductions are applied correctly. Here are five important tax-saving proofs you must share with your employer to avoid higher tax deductions.
If you live in a rented house and receive HRA, rent receipts are mandatory.
What to submit:
Monthly or annual rent receipts
Landlord’s name and address
Landlord’s PAN (if annual rent exceeds ₹1 lakh)
Why it matters:
Without valid rent receipts, HRA exemption may be denied, increasing taxable income.
Section 80C is one of the most commonly used tax-saving sections.
Eligible proofs include:
Life insurance premium receipts
PPF contribution slips
EPF statements
Tuition fee receipts for children
Why it matters:
Up to ₹1.5 lakh deduction can be claimed under Section 80C.
Medical insurance premiums offer additional tax savings.
What to submit:
Health insurance premium payment receipts
Policy details (self, spouse, parents)
Why it matters:
Deductions up to ₹25,000 (and higher for senior citizen parents) can significantly reduce tax liability.
Employees repaying a home loan must submit interest certificates.
What to submit:
Home loan interest certificate from the lender
Principal repayment details (for 80C)
Why it matters:
Interest deduction up to ₹2 lakh per year is allowed for self-occupied property.
NPS provides additional tax benefits beyond 80C.
What to submit:
NPS contribution statements
Proof of employer and personal contributions
Why it matters:
Extra deduction of up to ₹50,000 under Section 80CCD(1B) is available.
Submitting tax-saving proofs is not just an administrative task—it directly impacts monthly take-home salary and year-end tax liability. Keeping documents organised and submitting them on time helps avoid last-minute stress and excess TDS.