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 ...

ITR Filing FY2024: The Income Tax filing is just a month away and most salaried taxpayers have got into action after getting their Form 16 last week. Employers deducting tax under Sections 192-195 ...

As the new financial year commenced on 1 April 2025, taxpayers across India are preparing to file their Income Tax Returns (ITRs) for the previous financial year, with the Income Tax Department ...

The new financial year began on April 1, prompting taxpayers across the country to prepare for filing their Income Tax Returns (ITR) for the previous year. The Income Tax Department has already ...

Form 16 is a very important document for salaried people during income tax return (ITR) filing. It shows how much salary you earned and how much tax was deducted by your employer. Every year, ...

India’s salaried workforce is witnessing a pivotal shift in the way income tax returns are filed, as Digital Form 16 becomes central to a broader digital governance push spearheaded by the government.

Income Tax Return 2024: What should you do if your Form 16 details don't match with prefilled ITR form? (Image: Freepik) ITR Filing 2024: The income tax return filing season kicked off this year quite ...

ITR: If you are a salaried individual, Form 16 is a crucial document for filing the income tax return (ITR). Employers are required to file their e-TDS return for the January–March quarter by 31 May.

Tax deducted under Sections 192 to 195 of theIncome Tax Act, typically by employers, necessitates issuance of a certificate (most commonly Form 16). This certificate provides the following details to ...

The income tax return (ITR) filing deadline is on 31st July. Most salaried taxpayers may have already received Form 16 from their employers by the 3rd week of June, and those who have not received it ...

For salaried employees, Form 16 is not only a regular form—it's the basis of your income tax return. Your employer issues it with a comprehensive breakdown of your salary earnings and the tax deducted ...