📢 Big Tax Update Alert for Salaried Individuals!
👨💼 Salaried employees — this change directly impacts YOU.
Stop chasing HR for Form 16… because the tax system you’ve known for decades is now changing.
🗓 From 1st April 2026, India is moving to the New Income Tax Act 2025, replacing the 60+ year-old Income Tax Act, 1961.
Here’s what every salaried taxpayer must know 👇
📄 Key Updates:
✅ Form 16 ➝ becomes Form 130 (New TDS Certificate)
✅ Form 26AS ➝ becomes Form 168 (Tax Credit Statement)
✅ Assessment Year concept removed
✅ Only One Simple Tax Year going forward
✅ Faster & fully digital tax system
💡 This is not just a renaming — it’s a complete shift in how salaried income taxes will be tracked and filed.
⚠️ Understanding these updates early will help salaried professionals avoid confusion during upcoming tax filings.
📚 For simplified finance, loan & taxation guidance — stay connected with Shivafinz.
👉 Follow Shivafinz for regular financial updates made simple.
📞 Contact Shivafinz Today
📲 Phone: +91 97394 68041
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