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 ...

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 ...

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, ...

In a move aimed at simplifying the income tax return process, the Income Tax Department has announced the launch of Digital Form 16, an electronic version of the traditional Form 16. This initiative ...

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.

Digital Form 16 represents more than a new format, it symbolises how India is embracing technology to make financial processes more inclusive, efficient, and transparent. In recent years, India has ...

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.

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 Central Board of Direct Taxes (CBDT) has issued a new circular, which states the new rules for tax deduction from salary under section 192 of the Income Tax Act, 1961. It also includes the changes ...

Filing Income Tax Returns (ITR) can seem tricky for salaried individuals, but Form 16 makes the process much easier. Issued by your employer, it includes details of your salary and tax deductions.

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 ...

Form 16 is a document usually given by employers to their employees. It summarises the employee’s salary income and the taxes deducted at source (TDS). However, some individuals do not receive Form 16 ...