Tax Filing & TDS
How Indian income tax works for employees — TDS, declarations, and Form 16.
Tax Filing & TDS — Platform view
How TDS works
TDS (Tax Deducted at Source) is India's pay-as-you-earn tax system. Each month, we calculate and deduct income tax from employee salaries based on their tax declarations and chosen tax regime (old or new). The deducted amount is deposited with the government.
Employee declarations
At the start of each financial year (April), employees declare their planned tax-saving investments — insurance premiums, home loan interest, PPF contributions, etc. These declarations determine how much TDS is deducted each month. Employees can update declarations through the portal.
Form 16
At the end of each financial year, we generate Form 16 — the annual tax certificate every employee needs for filing their personal income tax return. Employees can download it directly from the portal.
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