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Showing posts with label Income Tax Salary Certificate Form 16 For Financial Year 2015-16. Show all posts
Showing posts with label Income Tax Salary Certificate Form 16 For Financial Year 2015-16. Show all posts

Thursday 19 May 2016


As per the  Budget 2015-16 as a growth oriented one with due attention to common and poor in India, there were not much changes as far as Income Tax 2015-16 in respect of salaried employees are concerned. Personal Income Tax Rates were untouched and as a result Salaried Class will have to pay same Income Tax that they paid last year.

Monday 2 May 2016


Friday 22 April 2016

The CBDT has already changed the Format of Form 16 dated on 19/2/2013. In this Format have two part. Part A which found the Tax Deducted At Source and deposited in to the Central Govt Account  and another Part B which is found the details of employee's Salary. This Part B is mandatory to prepare by the employer. This Part A is mandatory to download form the Income Tax TRACES  Portal.