Form 16 is a crucial document for salaried employees in India, particularly as the income tax return (ITR) filing season for the assessment year 2025-26 approaches.

Form 16 is a certificate provided by an employer to employees, which includes the details of the employee’s salary and the tax deducted at source (TDS) throughout the financial year. In simple words, ...

Form 16 for FY 2024–2025 must be issued by June 15, 2025. If your employer withheld TDS between April 24 and March 25, you must submit Form 16 by June 15.

ITR filing 2025: The Central Board of Direct Taxes (CBDT) has released a recent circular outlining the updated guidelines for tax deductions from salary as per section 192 of the Income Tax Act, 1961.