Should contract workers be provided with a Form 16?
Should contract workers be provided with a Form 16?
It should be noted that Form 16 is available only for salaried employees. Contract workers are not eligible to receive Form 16. However, employers need to provide the Form 16A for contract workers.
In Zoho Payroll, the Form 24Q module can generate the text file based on each employee’s salary and TDS information. Once you generate the text file, you’ll have to attach the text file and generate the .fvu file using the FVU tool provided by the ...
Zoho Payroll does not stipulate any deadline to generate Form 16 for your employees. However, the Government of India sets a deadline and it is usually June 15, by when the employers should issue Form 16 to their employees.