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Income tax will have to be paid and easy! Government launched Digital Form 16, Know how to work – Income Tax Return Its Easy to File Income Tax With Digital Form 16 Check How it Works Itr Filing 2025

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Income tax: The Income Tax Department has launched Digital Form 16 for the facility of taxpayers. This step has been taken recently after an update of ITR Form 1 to 7. Digital Form 16 will now make tax returns and easier. Form 16 already contains salary, tax deduction (TDS) and other important information.

What is Form 16?

Form 16 or 16A is a certificate, the employer ie employer is issued when it deducts tax from the salary of the employees. It contains information about how much tax was deducted and the government was deposited. This document is given to employees every year by the end of May.

How does Digital Form 16 work?

Digital Form 16 traces are generated directly from the portal, making the information given in it accurate and the same. This new digital form contains complete details of tax-free allowances, deductions and salary, so that there is no misunderstanding situation while paying tax.

Now taxpayers can upload this digital document directly to the tax filing websites. The system automatically fills all the necessary information, which saves time and reduces the chances of mistakes. Also, if there is a mistake, the system gives alert so that it can be corrected in advance.

Which ITR form for whom?

There are two easy forms for simple taxpayers-ITR-1 (spontaneous) and ITR-4 (smooth).

ITR-1 (spontaneous) people can fill those whose annual income is up to Rs 50 lakh. Those who earn money from salary, income, interest from a house and agricultural income up to a maximum of Rs 5,000.

ITR-4 (smooth) is for those individuals, Hufs, Hindu undivided families and firms, whose income is less than Rs 50 lakh and earns from business or profession.

Last date for filing returns

The last date for people who do not have to audit, the last date for filing returns is 31 July. At the same time, this time limit is 31 October for businesses and professionals who require audit. Tax returns from Digital Form 16 are now easier, faster and safe than ever.

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