What is Income Tax Form 16? Form 16 is nothing more than a salary certificate issued by your company that provides information about the salary you received in the financial year and the amount of TDS deducted from your salary. In that case, the income from your annual salary exceeds the basic tax deduction limit; Then, your employer will be asked to deduct TDS from your salary and pay it to the Government of India. Therefore, Employers provide 16 forms to their employees as proof of filing an income tax…