Hosted on MSN

Digital Form 16 for FY 2024–25: What salaried taxpayers need to know before filing returns

Salaried individuals will shortly begin receiving Form 16 from their employers to initiate the income tax return (ITR) filing process for the Assessment Year 2025–26. This essential tax document is ...
Newspoint on MSN

Income tax forms to be renumbered from April 1, 2026: Form 16 becomes 130, 26AS renamed 168

Major changes are on the horizon for taxpayers as the government prepares to implement the new income tax framework from April 1, 2026. Under the proposed Income Tax Act, 2025 and Draft Income Tax ...