You can choose between the New Tax Regime or the Old Tax Regime depending on what is most suitable to you from a Tax planning point. 

By default, the New Tax Regime will be considered if you have not opted for any Regime.


Declare your investment details at the start of the Financial Year and submit the proof at the year-end.


Post declaration, the balance Tax payable for the Financial Year will be displayed which will be deducted equally till March.

Please follow the below steps to declare the Investment Amount:


Click “Tax Planning”.

Click “View Tax Summary & Choose/Edit Tax Option”.

Graphical user interface, text, application, email

Description automatically generated

Here you will be able to see the tax calculation for both the Old and the New Tax Regime. 

This Tax Calculator will provide details of what are the investments that are applicable under both Regimes.

For easy access, we have divided the Declaration into 5 different options.

  • Section 10 & Others
  • HRA
  • Chapter VI A Deductions
  • Interest on Home Loan & Other
  • Previous Employer Income

To update these sections, you need to click “Click here to Declare”.


Graphical user interface

Description automatically generated

Section 10 and Others


All components under Section 10 will be displayed except HRA.

Please enter the amount in the “Planned” column.

Click “Save”.

Graphical user interface, text, application

Description automatically generated

HRA Declaration


If rent paid for the FY exceeds INR 1.0 Lac PA / INR 8,333 per month, then the PAN of the Landlord is mandatory.

To update the Owner’s information, follow the below steps:

Click “Add New”

Update the Landlord details.


Graphical user interface, text, application

Description automatically generated

Enter the rent declared amount in the “Planned” column.


Update the Rent amount say April or the month you are availing the HRA and for the balance months, the rent will be auto-filled with the same amount till March.  


If there is any change in the rent amount, you can edit only from that month onwards.  For E.g. If rent from January needs to be edited, enter the new rent and automatically the rent amount will be updated from January to March.


Click “Save”.


Description automatically generated with medium confidence

Chapter VIA / 80C - 80U Deductions


We have also included Maximum Eligibility allowed under the respective Section. E.g., For all Line items under Section 80C, the maximum declaration allowed is INR 1.50 lacs either individually or collectively.


Update the Amount against the applicable investment Head under the “Planned” column.

Graphical user interface

Description automatically generated


Other Income and Losses


Please update any income other than salary under “Income from Other Sources”.

Calculate the Income / Loss from House Property as per the Income Tax Guidelines and update the final value under “Income / Loss from House Property (Let Out)”


If the calculated value is Income, then Update the Positive amount, and if it is a Loss update the Negative amount.


If you have Home Loan for Self-Occupied Property, update the total Interest paid / payable under Interest on Home Loan (Self Occupied).  As per the Income Tax Rules, you will be eligible for benefits up to 2 lacs.


Enter the values in the “Planned” column.

Click “Save”.


Graphical user interface, text

Description automatically generated


Previous Employment Details


If you have joined a company in between the financial year, it is important to declare the previous employer’s Income with the current Employer so that your taxes for the entire financial year are calculated appropriately.


Enter the details in the “Planned” column.

Click “Save”.



Graphical user interface

Description automatically generated


Tax Regime Selection


Once you have updated all 5 options, the Tax Calculator provides the tax calculation under both the Old and New Regimes.


Carefully compare Total Tax Liability and select the appropriate Check Box to choose which Tax Regime you would like to select.

As per the Income Tax Rules, once you have opted for the Tax Regime, you will not be allowed to change the same within the Financial Year.

Click “Save” to complete the Investment Declaration.


Graphical user interface

Description automatically generated

With this you have successfully submitted the Investment Declaration for the Financial Year.