Changes In Form 16 and Form 24Q


The new format for Form 16 was notified by the Central Board of Direct Taxes (CBDT) via a notification dated April 12, 2019. The format specified in the notification comes into effect from May 12, 2019 


Finance Act, 2018 has introduced the Standard Deduction upto Rs. 40000/-.

Changes In Form 16:



Large enough to meet all your financial needs.
Small enough to Know your Name when you call.



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