The new tax regime introduces Form 121 as a single declaration replacing Forms 15G and 15H. It simplifies TDS exemption ...
EPFO News: Following the implementation of the Income Tax Act, 2025, several changes have been introduced to tax-related ...
Under the new framework, Form 121 serves as a unified self-declaration for individuals seeking exemption from tax deducted at ...
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 ...
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 the new TDS exemption rule works, who can use it, and what PF members must ...
For years, EPF subscribers have been used to filing Forms 15G and 15H. That process has now changed. A single new form has ...
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 ...
Taxpayers who earlier used Form 15G (below 60 years) and Form 15H (senior citizens) will now submit a single, unified Form 121. EPFO said the form is optional and meant for eligible individuals with ...
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 ...
The Employees’ Provident Fund Organisation (EPFO) has replaced Forms 15G and 15H with a single Form 121, effective April 1, ...
The Income-tax Rules, 2026, mark a major clean-up of the compliance framework. The government has reduced the number of rules ...
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 ...