Payroll Associate Interview Questions and Answers for Freshers

Investment declaration is a process where an employee declares their investments to their employer for tax purposes.

• It is a mandatory process for employees to declare their investments to their employer

• It helps in calculating the tax liability of the employee

• Investments such as life insurance, provident fund, mutual funds, etc. can be declared

• The declaration needs to be made at the beginning of the financial year

• The employer uses the declaration to deduct the correct amount o...read more