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

Interest earned on savings schemes such as the Provident Fund, the National Service Scheme, the Post Office Savings Schemes is fully taxable. The tax on the interest earned is deducted at source (TDS) ...

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 ...

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 Employees’ Provident Fund Organisation (EPFO) has replaced Forms 15G and 15H with a single Form 121, effective April 1, ...

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

Form 121 has replaced Form 15G and Form 15H, which must be submitted to avoid TDS. A single form removes confusion about ...

Holders of fixed deposits (individuals under the age of 60 and HUFs) may fill out Form 15G as a declaration to ensure that no TDS is deducted from their interest income for the fiscal year. A ...

If you invest in certain instruments like bank fixed deposit, recurring deposit and corporate deposit, the interest you earn is taxed. Banks and post offices will deduct TDS (Tax deducted at source) ...

According to section 192A of the Income Tax Act, Tax Deducted at Source (TDS) will be deducted if the withdrawal amount exceeds Rs 50,000 and the employment tenure is less than 5 years. To avoid TDS ...