What is your Form 16? Check how it can simplify Income Tax return filing in AY 2025-26

What is your Form 16? Check how it can simplify Income Tax return filing in AY 2025-26

From April 1, 2025, the new income tax return filing season will start for AY2025 -26. For salaried taxpayers, their employer will provide a Form 16 containing all income tax details for the fiscal year 2024-25 (or assessment year 2025-26). Form 16 is a crucial document for salaried employees in India, particularly as the income … Read more

8th Pay Commission may get delayed beyond January 2026; check details

8th Pay Commission may get delayed beyond January 2026; check details

The 8th Pay Commission is expected to commence its work in April of the financial year 2025-26. According to Expenditure Secretary Manoj Govil, the Union cabinet will need to approve the terms of reference (ToR) for the Commission. Input will be sought from the Ministry of Department of Personnel & Training and the Ministry of … Read more