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 ...
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Form 121 replaces 15G, 15H to simplify TDS exemption
Form 121 has replaced age-based Forms 15G and 15H as a single declaration for eligible resident individuals and HUFs to avoid TDS on specified incomes. The change, under the Income-tax Act 2025, ...
EPFO replaced Forms 15G and 15H with a single Form 121 from April 1, 2026 Form 121 allows all resident taxpayers to avoid TDS on EPF withdrawals and interest Form 121 requires annual filing and ...
The Employees’ Provident Fund Organisation (EPFO) is rolling out a series of major changes, from launching the E-PRAAPTI portal to simplify access to old accounts to introducing Form 121 for TDS ...
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