IT major TCS advances generation of income tax Form 16 documents by 45 days ...Middle East

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IT major TCS advances generation of income tax Form 16 documents by 45 days
source : Business Standard ( Middle East ) () 29
India's largest private sector employer, TCS, has advanced the generation of Form 16 documents for its staff by 45 days to help its over 6 lakh employees file their income tax returns in time. The forms were issued by April 27 and all the present and past employees have received their Form 16 documents, its deputy chief financial officer Lakshminarayanan G S said. He said the initiative -- which includes wide ranging usage of technology to do away with any manual intervention, has been done as part of improving the employee experience at the largest IT services export company. Planning for this exercise started in September 2022, and the company could advance the Form 16 generation by 45 day

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