If you are employed and your annual salary exceeds the exemption limit, then you will be aware that from January onwards, companies start deducting TDS from your salary. In such a situation, from December-January in various companies, the HR and accounts section sets a time limit for you to submit proof of investment. This is done because the amount for which you show the investment is adjusted in the TDS deducted from your salary. Also, it is worth mentioning that under the Income Tax Act, tax on investment up to a limit every year. Get a discount from Generally, you have to submit evidence related to ULIPs, life insurance, health insurance, ELSS mutual funds, PPF deposits, home loan, education loan, tuition fees, LTA and HRA for investment.

To get an exemption under Section 80 (C) of the Income Tax Act, you may have to produce proof of investment in these funds:
LIC premium payment receipt
Evidence of Investment in Public Provident Fund (PPF)
Receipt receipt on the principal amount of the home loan
Evidence related to investment in National Saving Certificate (NSC)
Tuition fees of up to two children
Evidence of FD for more than five years
Proof of contribution to NPS and Sukanya Samriddhi Yojana
Receipt of payment of ULIP premium for his or her dependents

Investment in Mutual Fund ELSS
In such a situation, if you have not yet invested according to the earlier Declaration and do not want to cut the excess of Income Tax, then you should invest and submit these documents as soon as possible. If your in-hand salary falls after the tax deduction, many of your work may get stuck because once the tax is deducted, you can get a refund after filling your income tax return. This could swallow very many months.

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