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So a Form 16 is an employee end of year payment summary from an employer?
by evolve2k 14y ago
So a Form 16 is an employee end of year payment summary from an employer?
- architgupta 14y agoYes, its more like a tax document issued by employer at the end of the year. - It talks about the Salary + perks + allowances the employer gave the employee. - It mentions the Tax Deducted at source by the employer for depositing to the government.