I am a Tax Consultant. I have Completed My MBA & CFP ( Certified Financial Planning ( US Standard)) in the year 2008, I priory worked at Pentasoft Technologies after which I have started my own Consultancy Firm called " PENTA CONSULTANCY SERVICES".
Form 16 or Form 16A is the certificate of deduction of tax at source. It is issued on deduction of tax by the employer on behalf of the employees and provide details of TDS/TCS for various transactions between deductor and deductee. It is mandatory for employers to issue these certificates to taxpayers.
According to data released by the Life Insurance Council, LIC collected Rs 13,610.63 crore in NBP for the month, up from Rs 12,383.64 crore in April 2024
