An employer/company may issue the Form 16 to its employees before June 15 also but would do so only after it has filed its TDS return for the fourth quarter of the previous FY. Form 16 has two ...

As tax season approaches, Form 16 becomes an indispensable tool for the salaried, ensuring they have all the necessary details for tax filing. A certificate issued under Section 203 of the Income ...

T Department's SMS to salaried taxpayers is meant to provide clarity on TDS deductions. However, some individuals may have misinterpreted the message and are wondering if they owe additional taxes.

Completing tax return without Form 16 can be confusing. Here is how you can easily file it when you don't have one.

As per the Income Tax Act, 1961, it is mandatory to file an Income Tax Return (ITR) if your taxable income is more than the ...

If your income, for instance, is more than the tax exemption limit, then the employer is required to deduct TDS on your salary and submit it to the government. The Form 16 has two parts ...

The government introduced a new tax regime of lower tax rates in Budget 2020, which continues in FY 2025-26. In Budget 2025, the government pushed for the adoption of the new tax regime of lower tax ...

Even without a Form 16, you can file your ITR online. To begin with, gather all your pay slips and download Form 26AS from the official Income Tax website. Use these documents to identify income from ...

They should rectify the TDS deductions in their records, and provide you with updated Form 16. File an online complaint: If your employer does not take appropriate action, or if you face ...