Employers are required to issue Form 16 to employees if they've deducted TDS from their salary. It consists of two parts and shows how much salary was paid and how much tax was deducted during the ...

You will soon get Form 16 from your employer. This year, the Income Tax department has revised the format of Form 16 by adding various details to make them more elaborative. The changes in Form 16 ...

As the new income tax filing season for the financial year 2024-25 (AY 2025-26) begins, the Income Tax Department is set to roll out updated ITR forms and an improved version of Form 16 — a key ...

Salaried employees who file their income tax returns (ITRs) every year should be aware that the tax department has introduced some changes in the format of Form 16 related to tax deduction and ...

Salaried employees who file their income tax returns (ITRs) every year should be aware that the tax department has introduced some changes in the format of Form 16 related to tax deduction and ...

a taxpayer must obtain a separate Form 16 from each employer. It is also mentioned in Part B whether a taxpayer is opting for the new regime or the old regime. The salary head of the ITR asks ...

To help you deal with all that, we explain a number of things here including what is Form 16, its parts, when is issue date and much more. Just check it out now. Income Tax Return (ITR ...

Salaried individuals who file income tax returns annually should take note of key changes introduced by the Income Tax Department in the format of Form 16—the document that outlines salary ...

How to file ITR without Form 16: Form 16 is the most important document for salaried employees in India. It is provided by the employer to employees with details of tax deducted at source (TDS ...