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Showing posts from October 15, 2011

Always there

There's no end to this, just a new n fresh beginning. Not every relation has to get a testimony,the strength lies in the bond u share. Hope things stay fine as desired. God Bless u forever , Always there 4 u :) k*h*d
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Know All about Form 16

Most of us are aware of Form 16 given by our employers before April 30th each year that give details of the income earned, and tax deducted at source and paid to the government. This certificate proves useful in filing income tax returns. In addition banks also issuing Form 16 and Form16A to pension holders and those that earn interest income, with no Form 16 required when TDS is not deducted from salary. Knowing about Form 16 helps us to be a well-informed taxpayer and do better tax planning. The 13 components of Form 16 are: PAN that stands for Permanent Account Number, a 10 digit alpha-numeric code that is generated by the Income Tax Department of India. It is mandatory for everyone- NRI, PIO & companies that wishes to conduct business, file and pay taxes, invest, buy and sell property, open a demat or bank account to have this number in India. The need TAN is best known as Tax Deduction and Collection Account Number is another mandatory 10 digit alpha-numeric number that is ve…

Always there

There’s no end to this, just a new n fresh beginning. Not every relation has to get a testimony,the strength lies in the bond u share. Hope things stay fine as desired. God Bless u forever , Always there 4 u :) k*h*d

Sent from my BlackBerry® smartphone

Know All about Form 16

Most of us are aware of Form 16 given by our employers before April 30th each year that give details of the income earned, and tax deducted at source and paid to the government. This certificate proves useful in filing income tax returns. In addition banks also issuing Form 16 and Form16A to pension holders and those that earn interest income, with no Form 16 required when TDS is not deducted from salary. Knowing about Form 16 helps us to be a well-informed taxpayer and do better tax planning. The 13 components of Form 16 are: PAN that stands for Permanent Account Number, a 10 digit alpha-numeric code that is generated by the Income Tax Department of India. It is mandatory for everyone- NRI, PIO & companies that wishes to conduct business, file and pay taxes, invest, buy and sell property, open a demat or bank account to have this number in India. The need TAN is best known as Tax Deduction and Collection Account Number is another mandatory 10 digit alpha-numeric number that is ve…