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Form 16 is a certificate issued by employers to their employees, detailing the salary earned and the TDS (Tax Deducted at Source) deducted during the financial year.

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Employers are required to issue Form 16 to their employees who have income taxable under the head 'Salaries' and from whom TDS has been deducted.

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To fill out Form 16, employers must provide details of the employee's taxable salary, allowances, deductions, and the amount of TDS deducted for the financial year.

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The purpose of Form 16 is to serve as proof of the income earned and the taxes paid, which can be used by employees for filing their income tax returns.

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Form 16 must include details such as the employee's name, PAN (Permanent Account Number), employer's details, salary breakdown, deductions claimed, and TDS deducted.

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