HR glossary
What is Form 16, and why is it now Form 130?
Form 16 was the certificate your employer gives you showing your salary and the tax (TDS) deducted in a year. Under the Income-tax Act, 2025 and Income-tax Rules, 2026, it is replaced by Form 130. Employers must issue it by 15 June after the tax year ends.
What changed
- Old: Form 16 under the Income-tax Rules, 1962 (rule 31)
- New: Form 130 under the Income-tax Rules, 2026 (rule 215(1)); section 395 of the Income-tax Act, 2025
- Due date: by 15 June of the year after the tax year (official FAQ)
- For salary up to 31 March 2026, the old Act and Form 16 still apply
What it shows
- Your salary, exemptions and deductions claimed through the employer, and the tax deducted and deposited
FAQ