The Employees’ Provident Fund Organisation (EPFO) has replaced age-based Forms 15G and 15H with a single Form 121 from April 1, 2026, simplifying TDS exemption claims on provident fund withdrawals.

The Employees’ Provident Fund Organisation (EPFO) has replaced Forms 15G and 15H with a single Form 121, effective April 1, 2026, under the new Income-tax Act, 2025.

Form 15H is a boon for those senior citizens who have limited income but expect to earn more than Rs 1 lakh as interest from fixed deposit as this form may help them avoid the deduction of TDS under ...

Form 121 is a declaration by a taxpayer to the effect that tax on his estimated total income for the tax year will be Nil, with a view to avoiding the deduction of tax at source. If your income falls ...

Learn about Form 121 in EPFO, the unified tax declaration replacing Forms 15G and 15H from April 1, 2026. Understand how to ...

The Income-tax Rules, 2026, mark a major clean-up of the compliance framework. The government has reduced the number of rules ...

EPF TDS exemption moves to Form 121, allowing simpler filing process but with stricter data checks and verification norms ...