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

Form 121: A new combined form, now replaces Forms 15G and 15H. This simplifies the process for individuals and senior citizens to declare income below taxable limits. Eligible taxpayers can now use ...

It’s the beginning of a new financial year and employers have started rolling out the tax declaration form for employees. For salaried people, the option of selecting between old and new tax regimes ...