Salaried employees will soon receive their Form 16 for Assessment Year 2025–26, featuring a more detailed breakdown of salary components and newly integrated tax disclosures.

ITR Filing 2025: The Income Tax Return (ITR) filing season is underway following the reinstatement of form utilities. Salaried taxpayers are advised to await their Form 16 or Form 16A, the Tax ...

Form 16 is the TDS certificate issued by the employer to employee at the end of the financial year, form 26AS is Tax credit statement and AIS is comprehensive view of information for a taxpayer ...

Three of the most important reports all taxpayers should know about are Form 16, the Annual Information Statement (AIS), and Form 26AS. What they are and how they assist you during tax season follows.

Its total budget would go from more than $22 billion to about $14 billion — a 37% reduction. The Yale Budget Lab projects staffing cuts of this magnitude would result in the IRS collecting $159 ...

1. Log in to the Income Tax Portal: Visit https://www.incometax.gov.in and log in using your PAN and password. 2. Select Pre-filled ITR: Choose the applicable ITR form (mostly ITR-1 for salaried ...

Form 16 TDS Certificates ITR filing: Due to the income tax changes made in the FY 2024-25 (AY 2025-26), Form 16 will show certain changes this year. It will primarily show the following three changes ...

A recent federal district court order illustrates this point well. In Huang v.United States, No. 3:24-cv-062998-RS (N.D. Cal. 5/28/25), a pro se taxpayer challenged the IRS’ assessment of ...

Employers are required to issue Form 16 to employees by 15 June. This important document contains the record of taxes deducted from your salary and deposited with the Income Tax Department.

Monzo reported revenue above 1 billion pounds ($1.35 billion) for the first time and a sharp rise in annual profit on Monday as the British digital bank increased customer numbers.