This is called a Tax Deducted at Source (TDS) certificate. It is proof that an employer has deducted the tax from the employee's salary and deposited it with the Central Government. Form 16 has two ...

ITR filing FY 2025-26: The deadline to file ITR for salaried taxpayers is July 31, 2026. In case you are confused about what ...

Most salaried employees would have received the TDS certificate called Form 16 from their employers by now. As per the income tax laws, the last date for employers to issue Form 16 to employees is ...

If you are a salaried employee filing your Income Tax Return (ITR) for the first time, you have likely come across Form 16. This important document plays a significant role in helping employees file ...

The new financial year started on April 1, and with this, the new income tax return (ITR) filing season began. The Central Board of Direct Taxes (CBDT), as part of its routine annual exercise, ...

The upcoming changes are linked to the implementation of the Income-tax Act, 2025, which requires the redesign of return forms, tighter reporting standards, and stronger integration between employer ...

ITR filing: Form 16, a crucial document for salaried taxpayers, is issued by employers, detailing TDS on salary. It contains vital information like employer/employee details, income earned, and ...

Deductions missed in Form 16 can still be claimed while filing ITR. Illustration: Uttam Ghosh/Rediff Employers will soon issue Form 16, as they are mandated to do so by June 15. Salaried individuals ...

With the income tax department having enabled online filing utilities for various taxpayer categories, most salaried individuals are holding off on filing their Income Tax Return (ITR) for FY 2025-26 ...