India’s new Income-tax Act, 2025, effective April 1, 2026, will introduce a major shift in tax documentation by replacing Form 16 with Form 130, while also renaming several other commonly used tax ...
16don MSN
Five big changes in Form 16, which is replaced by Form 130, that every salaried employee must know
Form 16 will be renumbered as Form 130 under the Income Tax Rules, 2026, effective from April 1, 2026. This change introduces a "Tax Year" concept, enhances taxpayer and employer details for digitized ...
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