As per Rule 31 of the Income Tax Act, the due date for Form 16 (certificate for TDS deduction on salary) was 31st May 2017.
This year, the government has extended the TDS return (24Q) filing due date to 31st May 2017, thus making 31st the due date for TDS return filing as well as Form 16. To avoid any hardship and to enable hassle-free TDS return and Form 16 procedure, the government has extended the due date for FORM 16 issuance to 15th June 2017 (on 2nd June 2017 through gazette notification N0. G.S.R. 546(E)).
From FY 2016-17 onwards, the due date for issuing Form 16 would be 15th June.
Please find the notification for your information and reference: http://egazette.nic.in/WriteReadData/2017/176436.pdf
.corner-ribbon.red{background: #FF9800;}.corner-ribbon.top-left{ top: 20px; left: -50px; transform: rotate(-45deg); -webkit-transform: rotate(-45deg);}.corner-ribbon.sticky{ position: absolute;}.corner-ribbon{ width: 180px; background: #e43; position: absolute; top: 40px; left: -20px; text-align: center; line-height: 20px; letter-spacing: 2px; color: #fff; font-size:20px !important; transform: rotate(-45deg); -webkit-transform: rotate(-45deg);}The EPFO has announced the interest rate applicable on employee-employer provident fund contribution (EPF) for the financial year 2017-18.
The EPF interest rate has changed from 8.80% (FY 2016-17) to 8.65% (current year). In this financial year (2017-2018), the subscribers of EPFO will get a marginally lower return than they have in the past few years.
There are further proposals being considered to publish the list of defaulting establishments in the EPFO website for public view.
Sources: Government Notifications, Circulars, Press releases.
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