{ "media_type": "text", "post_content": "How much tax is deducted from joining bonus? Is it deducted before the payment even if I have submitted investment proofs? \n\nIf later I submit investment proofs then will that tax be returned as a rebate?", "post_id": "6182284a45235e0034a06216", "reply_count": 11, "vote_count": 2, "bowl_id": "603bffa1824b0d002258e515", "bowl_name": "Deloitte USI" }

How much tax is deducted from joining bonus? Is it deducted before the payment even if I have submitted investment proofs? If later I submit investment proofs then will that tax be returned as a rebate?

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If the investment proof has been accepted, there is a chance of no deduction but since you are new joinner, it will be deducted and the ipsf window will open in December, you can file ITR later for this deduction.

helpful

20.8% + cess tax from joining bonus

Oh god! What all abbreviations🤦‍♂️

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