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 ...
Form 121 replaces Forms 15G and 15H, unifying TDS self declarations under the Income tax Act 2025, simplifying compliance but ...
The Employees’ Provident Fund Organisation (EPFO) has replaced Forms 15G and 15H with a single Form 121, effective April 1, ...
Form 15G/H submission on WhatsApp: Union Bank of India has enabled its customers to submit their Form 15G/H through WhatsApp to claim TDS exemption. In a statement, the bank said that in collaboration ...
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 ...
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 ...
Form 121 is a self-declaration that allows individuals to request that no TDS be deducted on certain types of income. This usually includes interest earned from bank deposits, post office schemes, or ...
NRIs note: The Central Board of Direct Taxes (CBDT) recently revised the procedure, rules, and format for obtaining TDS certificates, issuing a circular on September 27, 2023. NRIs cannot utilize Form ...
New Delhi, Apr 21 (PTI) State-owned Union Bank of India on Friday said it has simplified Form 15G and 15H submission in association with Reserve Bank Innovation Hub by enabling online submission ...