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Finance Induction (Contd..)
SSE System Guidelines : SSE system is a place to apply for Travel advances Reimbursements Vendor payments Link - User ID – Employee ID Password – Last 4 digit of your ID proof submitted to HR (Aadhar or passport) NOTE : All the Original bills(Hard & Soft Copies) to be submitted for the reimbursement when the process comes to Finance in SSE for approval Process Flow
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Finance Induction (Contd..)
TAX saving & FBP declarations : CSI payroll is processed through a tool called GreyHR New Joinees would receive the GreyHR account link to their CSI ID in the month of joining to create the account & update IT saving & FBP declarations To update IT saving declaration follow the below steps after your log in My Info > Salary > IT Savings (Declarations) To update FBP declaration follow the below steps after your log in My Info > Salary > FBP Declaration To submit the actual proofs during February month follow the below steps My Info > Salary > Proof of Investment NOTE : Actual document(hard copies) proof submission for IT savings & FBP will be done in January month
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Finance Induction (Contd..)
CSI’s Flexible Benefit Plan (Tax Saving Salary Components) Actual Proofs to submit No Proofs are required HRA Food Allowance(PayTM food Wallet) Books & Periodicals and LTA Medical & Conveyance Allowance Telephone/ Internet Allowance CSI’s Tax Saving Investment Advises U/S 80C up to 1.5L In addition to 1.5L Public Provident Fund National Pension Scheme – Up to 50,000 Life Insurance Premium Interest on Home Loan – Up to 50,000(In addition to 2L u/s 24) Tax Saving Mutual Funds Interest on Education loan – No limit Tuition Fee Health Insurance Premium – Self, Spouse & Children 25,000 & Parents 25,000(30,000 if >60 years) Repayment of Principal for Home Loan
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Finance Induction (Contd..)
For Any Finance Queries……
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