The new Form 16 includes additional details compared to previous versions, providing taxpayers with a more comprehensive ...

The changes effected in the Form 16 format will ensure that the information about different taxes, deductions and exemptions ...

the formats of Form 16 and Form 24Q (Salary TDS return form) were updated in October 2024 to include sections for disclosing the TCS and TDS considered by employers,” Mousami Nagarsenkar ...

TCS informed employees that the tax department ... mutual fund transactions etc. Form 16 is the TDS certificate issued by the employer to certify the amount of tax deducted from the taxpayer ...