Payroll
TDS on Salary and Form 16: A Complete Guide for Employers
2026-01-25 · 7 min
Section 192 TDS is one of the most error-prone areas of payroll. This guide explains computation, deposit timelines and Form 16 issuance.
Computation
Project annual income, deduct exemptions and apply slab rates net of rebates.
Deposit
Deposit TDS by the 7th of the following month using Challan ITNS 281.
Form 16
Generate Part A from TRACES and Part B from payroll, then issue to employees by 15 June.