Starting April 1, 2026, familiar tax forms will get new numbers. Form 16 becomes Form 130, and Form 26AS will be known as Form 168. This change is part of the new Income Tax Act, 2025. While initial ...

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 ...

The draft document for the updated Income Tax rules 2025, set to come into effect from 1 April this year state changed numbers for Form 16 (TDS on salary) and Form 26AS (AIS) among others. Here's all ...

From April 1, 2025, the new income tax return filing season will start for AY2025 -26. For salaried taxpayers, their employer will provide a Form 16 containing all income tax details for the fiscal ...

As the financial year draws to a close, many salaried employees are preparing to receive their Form 16, a crucial document for filing Income Tax Returns (ITRs). Form 16, which details salary income, ...

You will soon get Form 16 from your employer. This year, the Income Tax department has revised the format of Form 16 by adding various details to make them more elaborative. The changes in Form 16 ...

Income Tax Department releases Draft Income-tax Rules, 2026; Form 26AS becomes Form 168, Form 16 becomes Form 130. Learn how this impacts taxpayers.

Form 16 AY 2023-24: Salaried employees will receive Form 16 this month from their employers. Form 16 contains details of tax deducted at source (TDS) by the employer on behalf of the employee. Apart ...

Form 16 is the document that has details of your income and tax saving investments. Last week, the Central Board of Direct Taxes (CBDT) changed the format of Form 16. Majority of the taxpayers use ...