Form 16 has two parts. Part A and Part B. Part A contains the employee and employer details, period of employment with the employer and summary of the periodic TDS on your income. Part B has ...

ITR Filing 2025: You will get your Form 16 in new format this year – Know why The Income Tax Department is expected to notify the filing forms for the financial year 2024-25, or Assessment Year ...

The new format of Form 16 is a step toward simplified, transparent, and error-free ITR filing. Salaried individuals are advised to stay updated with these changes and ensure that their employers ...

The changes effected in the Form 16 format will ensure that the information about different taxes, deductions and exemptions on salary are put more clearly. So if you have trouble filing taxes ...