{ "media_type": "text", "post_content": "Hi Folks,\nThis is regarding income tax proof submission.\nI Joined UST on Nov'21 and before UST I was not under any tax slabs. I had only 1 LIC premium being deducted on monthly basis. Though I declared the LIC amount from April 2021 to March 2022. I have still got LIC statements till Dec2021 only.\nAlso planning to invest in ELSS and term insurance by Jan end. While i only submitted LIC in investment declaration form.\nCan someone guide me what will be the process henceforth?", "post_id": "61d40a066ea26000260dba4e", "reply_count": 3, "vote_count": 0, "bowl_id": "60a48dc8bf62d50024e2bc0e", "bowl_name": "UST Global India", "feed_type": "bowl" }

Hi Folks, This is regarding income tax proof submission. I Joined UST on Nov'21 and before UST I was not under any tax slabs. I had only 1 LIC premium being deducted on monthly basis. Though I declared the LIC amount from April 2021 to March 2022. I have still got LIC statements till Dec2021 only. Also planning to invest in ELSS and term insurance by Jan end. While i only submitted LIC in investment declaration form. Can someone guide me what will be the process henceforth?

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I think you will get tax certificate for your lic after paying complete premium. Check this with your lic poc and also raise a query to finance team to clarify your doubts at UST. They will help you. Make sure whatever you invest under 80C sums upto 1,50,000 only. Even your epf deducted every month falls under 80C.

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Agree but UST folks are asking to pay future investment amount in advance and get the certificate however mine a monthly basis just like RD it gets automatically deducted from my account.

Check if that is possible to pay advance. Otherwise show only how much you have already Paid and for rest of the amount, you have to claim later from it.

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