Form 16: the TDS certificate your employer issues
Form 16 is the certificate your employer issues by 15 June each year showing the salary paid and the TDS deducted for the previous financial year. Part A covers the tax deposited quarter by quarter; Part B shows the salary breakup, exemptions, deductions and the tax computation used for TDS.
FY 2026-27 figures, rules verified 3 Sep 2026. Numbers assume basic at 40% of CTC, employer PF inside CTC and ₹2,400 professional tax unless stated.
Part B is the document to reconcile against your payslips: gross salary, the standard deduction, any exempt allowances such as HRA, chapter VI-A deductions and the resulting tax.
If you changed jobs during the year you will receive one Form 16 from each employer and must combine them in your return; the second employer rarely accounts for the first salary, so extra tax is often due.
The figures in Form 16 also appear in your Annual Information Statement on the income tax portal; mismatches should be raised with payroll before filing.
See the figure for your own salary on the in hand calculator.
Questions
Related terms
- TDS on salary — TDS on salary is the income tax your employer deducts under section 192 each month, computed by estimating your tax for the whole year and spreading it across the remaining months.
- Standard deduction — The standard deduction is a flat amount removed from salary income before tax, with no proof required: ₹75,000 under the new regime and ₹50,000 under the old regime in FY 2026-27.