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EPFO replaces Forms 15G, 15H with unified Form 121
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.
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Form 121 for EPF members: EPFO clarifies who needs to file new form instead of Forms 15G, 15H
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.
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To prevent TDS on FD under new tax regime can senior citizens with income up to Rs 12 lakh file Form 15H?
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 ...
EPF TDS exemption moves to Form 121, allowing simpler filing process but with stricter data checks and verification norms ...
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 ...
The Income-tax Rules, 2026, mark a major clean-up of the compliance framework. The government has reduced the number of rules ...
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