Form 16 will be renumbered as Form 130 under the Income Tax Rules, 2026, effective from April 1, 2026. This change introduces ...
One of the most relevant changes is related to Form 16. The document, issued by employers as proof of tax deducted at source ...
Form 130 replaces Form 16 from 2026, standardising TDS certificates for salaried employees and pensioners, with detailed ...
The upcoming changes are linked to the implementation of the Income-tax Act, 2025, which requires the redesign of return forms, tighter reporting standards, and stronger integration between employer ...