π Form 16 is officially Form 130! π Tax compliance just got a major update under the Income Tax Act 2025. If youβre an employer or a taxpayer, "Form 16" is now a thing of the past. The new Form 130 is the mandatory TDS certificate for Salary, Pension, and Senior Citizen Interest. Key reminders for the 2026 Tax Season: β Digital Only: Valid certificates MUST be downloaded from TRACES. β Unified Scope: Covers Salary, Pension, and specified Interest u/s 393. β Deadlines: Must be issued by June 15th. π β Structure: Detailed computations are now under Part C (Annexures). Feeling overwhelmed by the new rules? Let the experts handle it! π‘οΈ Stay compliant with Kanakkupillai! Whether itβs Tax Planning, TDS Filings, or Legal Updates, weβve got you covered. #kanakkupillai #form130 #tax
Last date to get Form 16: Form 16 is a TDS Certificate, which is received by the employee from the employer. This TDS certificate makes the process of ITR filing easier for the salaried taxpayers. The deadline to file income tax return for the FY 2024-25 has been extended by the Income Tax Department to September 15, 2025. When will a salaried employee receive their Form 16 from the employer?

Traces Form 16b Download Password
Form 16 is an official document showing how much tax your employer has deducted from your salary and deposited with the government. When you work for a company and receive a monthly salary, your employer withholds a portion of your income as tax instead of you paying it directly. This deducted amount is then submitted to the government on your behalf. Each year, the government sets specific tax rates, and your employer calculates the correct amount of tax to deduct based on those rates and your income level. This process ensures timely tax payments and compliance. In short, TDS Form 16 summarises the tax deducted from your salary and confirms that your employer has fulfilled their tax responsibilities.
Certificate of order under section 80G income tax act 1961


Traces Form 16b Utility Download


Traces Form 16b Download Tds Certificate








