Form 26AS/AIS (Summary of all taxes linked to PAN)

• Under the new income tax rules 2026, Form 26AS/AIS was replaced by new Form 168

AIS (Annual Information Statement)

Form 168 Read Full Information:

https://www.incometaxindia.gov.in/documents/d/guest/fn-168

SOURCE:

Form 16 replaced with Form 130 for the financial year 2026-2027

Form 16 (Employer Salary TDS Certificate)

Under the new income tax rules 2026, Form 16 was replaced by new Form 130

Form 130 Read Full Information :

Earlier: 

• Base component was usually 25 - 40% of CTC (Cost to Company)

WEF: 01.04.2026: 

• Uniform wage definition will apply
• Wages = Base + DA + retaining allowance must be at least 50% of CTC
• PF, gratuity, etc. will be calculated on this

How will it affect you ?

• Since DA and retaining allowance are rare in private jobs
• Base salary will increase to 50% of CTC

SOURCE: