To make the process simpler and more streamlined for individuals and senior citizens, the government has merged Forms 15G and 15H into a single Form No. 121 under the Income ax Rules, 2026. Taxpayers ...

The new Income-Tax Act (ITA) 2025, which came into force from last month (1 April), replaced the original Tax Deducted at Source aka TDS forms — Form 15G and 15H — with a single Form 121. Overall, the ...

The Employees’ Provident Fund Organisation (EPFO) has introduced a new compliance framework following the rollout of the Income-tax Act, 2025, replacing the widely used Form 15G and Form 15H with a ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Form 15G for provident fund (PF) ...

EPFO update: Form 121 replaces 15G and 15H - What EPF members must know about new TDS rules (AI-generated image) In a significant compliance change aligned with the new tax regime, the Employees ...

Did our AI summary help? Union Budget 2026: In a move aimed at simplifying tax compliance for retail investors, Finance Minister Nirmala Sitharaman in her Budget 2026 speech proposed enabling ...