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Form 16 is a certificate issued to salaried individuals by their employer.

It is issued when the employer deducts tax from the employee's salary. 

The TDS is deposited with the Income Tax department.

Form 16, in turn, is proof of the same. 

 The Form 16 document is one of the most important tax documents.

Form 16 summarizes the salary paid to an employee and the taxes.

It is crucial for employees to understand the information on Form 16. 

Form 16 is frequently requested by numerous institutions.

Employers provide Form 16 to salaried individuals whose income falls under the taxable bracket. 

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Why is form 16 needed for income tax?

What is Form 16, its various components, eligibility, and other important information Do you still need to file my income tax return if you don't receive any Form 16 from my employer? MintGenie answers some of your most pressing personal finance questions. It is time to make the most of your money!

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