The new tax regime introduces Form 121 as a single declaration replacing Forms 15G and 15H. It simplifies TDS exemption ...

EPFO has introduced Form 121 to replace Forms 15G and 15H from April 1, 2026 under the new Income Tax Act, 2025. Here’s how ...

Learn how Form 121 helps eligible taxpayers stop TDS on bank interest. The key is ensuring your estimated tax liability is nil and conditions are ...

From April 1, 2026, India’s income tax system gets a major reset with new forms under the Income-tax Rules, 2026. Form 121 replaces Forms 15G and 15H, creating a single declaration to avoid TDS for ...

The government has overhauled the tax deducted at source (TDS) declaration framework by introducing Form 121, which replaces ...

EPFO Form 121 is now live from April, replacing 15G and 15H. Know who must file it, how it helps avoid TDS, and why not all ...

Form 121 has replaced Forms 15G and 15H under the new Income Tax Act, 2026, simplifying TDS exemption for all taxpayers with a single, unified declaration process.

Taxpayers who earlier used Form 15G (below 60 years) and Form 15H (senior citizens) will now submit a single, unified Form ...

A major overhaul is on the way for EPF-related tax procedures, making things simpler and more streamlined for millions of ...

With the new financial year in motion, tax rules have also seen an important update. The familiar Forms 15G and 15H are now being replaced by a single, streamlined document, Form 121. This shift aims ...

Form 121 replaces Form 15H, which is filed by senior citizens, as well as Form 15G, which is filed by individuals below the age of 60. Here's a detailed explanation of the changes and key mistakes to ...

As per the Income Tax Act, 1961, bank depositors had to submit Form 15G/Form 15H to the bank to avoid Tax Deducted at Source (TDS). Some depositors were confused about which of the two forms applied ...