Connect your monthly salary, annual TDS and annual tax return documents clearly.
Form 16 is the annual TDS certificate issued by an employer to a salaried employee. It summarizes salary paid, deductions considered, taxable income and tax deducted during the financial year.
Many employees first notice a mismatch between CTC, in-hand salary and taxable income when they receive Form 16. That makes Form 16 content a strong support page for salary calculator and TDS calculator traffic.
| Field | Meaning | Related tool |
|---|---|---|
| Gross salary | Total salary before deductions | CTC calculator |
| Exempt allowances | HRA or other allowed exemptions | HRA calculator |
| Deductions | Standard deduction, 80C, 80D etc. | Tax calculator |
| TDS deducted | Tax already paid by employer | TDS calculator |
A salary slip is monthly. Form 16 is annual. Salary slips help you track monthly take-home pay; Form 16 helps you file annual income tax return and reconcile TDS.