Form 16 is a certificate issued by an employer that provides details of the salary paid and the tax deducted at source (TDS) during a financial year. It is primarily used for filing Income Tax Returns ...

Form 16 AY 2023-24: Salaried employees will receive Form 16 this month from their employers. Form 16 contains details of tax deducted at source (TDS) by the employer on behalf of the employee. Apart ...

The Form 16 is an important document for people who do a job and earn a salary income. This document is a certificate that you get from your employer. Look at it as a proof of employment and ...

The Income Tax Department has released all income tax return (ITR) forms for the assessment year 2025–26. However, salaried individuals may need to wait until mid-June to submit their returns. This ...

We often think that Form-16 is only used for filing tax returns. Most employed people receive it every year from their companies, and upon receiving it, we simply use it when filing their ITR. But did ...

Form 16 contains details of salary income, deductions, and exemptions. Illustration: Uttam Ghosh/Rediff.com Form 16 plays a crucial role in accurate filing of income-tax returns (ITR) by taxpayers.

From April 1, 2025, the new income tax return filing season will start for AY2025 -26. For salaried taxpayers, their employer will provide a Form 16 containing all income tax details for the fiscal ...

Mumbai: Many salaried people are still waiting to file their Income Tax Return (ITR) because they haven’t received Form 16 yet. Good news – as per the income tax rules, Form 16 must be given to ...