As the new financial year commenced on 1 April 2025, taxpayers across India are preparing to file their Income Tax Returns (ITRs) for the previous financial year, with the Income Tax Department ...

ITR Filing FY2024: The Income Tax filing is just a month away and most salaried taxpayers have got into action after getting their Form 16 last week. Employers deducting tax under Sections 192-195 ...

The new financial year began on April 1, prompting taxpayers across the country to prepare for filing their Income Tax Returns (ITR) for the previous year. The Income Tax Department has already ...

Form 16 is a very important document for salaried people during income tax return (ITR) filing. It shows how much salary you earned and how much tax was deducted by your employer. Every year, ...

ITR: If you are a salaried individual, Form 16 is a crucial document for filing the income tax return (ITR). Employers are required to file their e-TDS return for the January–March quarter by 31 May.

If tax is deducted by your employer during the financial year, Form 16 is the form given by your company, which contains all the details of your income from salary and also tax paid to the income tax ...

India’s salaried workforce is witnessing a pivotal shift in the way income tax returns are filed, as Digital Form 16 becomes central to a broader digital governance push spearheaded by the government.

Form 16 contains details of salary income, deductions, and exemptions. Illustration: Uttam Ghosh/Rediff.com Form 16 plays a crucial role in accurate filing of income-tax returns (ITR) by taxpayers.

Digital Form 16 represents more than a new format, it symbolises how India is embracing technology to make financial processes more inclusive, efficient, and transparent. In recent years, India has ...

Income Tax Return 2024: What should you do if your Form 16 details don't match with prefilled ITR form? (Image: Freepik) ITR Filing 2024: The income tax return filing season kicked off this year quite ...

Filing Income Tax Returns (ITR) can seem tricky for salaried individuals, but Form 16 makes the process much easier. Issued by your employer, it includes details of your salary and tax deductions.

Income Tax Return (ITR) filing 2024: It is that time of the year again when thoughts turn from day-to-day chores and increasingly focus on paying your taxes for the fiscal just gone by. While most ...