Form 16, synonymous with a tax deducted at source (TDS) certificate, will be replaced by Form 130 under the new Income Tax Act, 2025. The change in the form is part of an overall renumbering and ...
India's new Income-tax Rules, 2026 will introduce Form 130 in place of Form 16, redesign ITR forms, and make tax filing more automated and data-driven from April 1, 2026. OpenAI has finalised its ...
Tax filing in India to change from April 1, with changes to income tax rules coming into effect Form 130 will replace Form 16 as the new TDS certificate for salaried employees and pensioners ITR forms ...