Form 16


Form 16 (or salary certificate in layman’s language) is a certificate issued by an employer to all his employees for a particular financial year at the end of the said year reflecting the total salary paid and amount of tax deducted (‘TDS’) during the year.  For a salaried employee, Form 16 is of utmost importance from income-tax point of view as it forms the base of his / her income-tax return.

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