Employer asking to disclose all my investments plans for this year

My employer is asking me to disclose all investments I am planning to make this year. They are saying it is to deduct accurate TDS - I am not comfortable disclosing my investment plans.

Hi Yatrik,

The employer may ask you to disclose your Investment plans so that they can deduct accurate TDS.
In case you do not want to disclose your investment plans with your employer, they may deduct excess TDS from your salary.
You can claim this TDS while filing your Income Tax Return.

Hope this helps :slight_smile: