Form 16 is a certificate provided by an employer to employees, which includes the details of the employee’s salary and the ...

Keep proper documentation such as travel tickets, boarding passes, and payment receipts, as LTA claims are subject to ...

Form 16 provides details of the deducted tax amount and submission date and helps in ITR filing by ensuring accurate income ...

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

As the financial year 2024-25 nears its end, taxpayers must focus on important tax-related documents, including the Income ...

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.

While Form 16 simplifies the ITR filing process, it is not mandatory. You can still file your income tax return using alternative documents, such as: Salary slips – To verify your salary income and ...

With FY 2024-25 tax filings or ITR coming up from April 1, 2025, taxpayers must review their Form 16, check for new deductions, and plan taxes accordingly.