The new tax regime introduces Form 121 as a single declaration replacing Forms 15G and 15H. It simplifies TDS exemption ...

Form 121 replaces Form 15H, which is filed by senior citizens, as well as Form 15G, which is filed by individuals below the age of 60. Here's a detailed explanation of the changes and key mistakes to ...

EPFO has introduced Form 121 to replace Forms 15G and 15H from April 1, 2026 under the new Income Tax Act, 2025. Here’s how the new TDS exemption rule works, who can use it, and what PF members must ...

EPFO Form 121 is now live from April, replacing 15G and 15H. Know who must file it, how it helps avoid TDS, and why not all ...

As the financial year draws to a close, many salaried employees are preparing to receive their Form 16, a crucial document for filing Income Tax Returns (ITRs). Form 16, which details salary income, ...

The government has overhauled the tax deducted at source (TDS) declaration framework by introducing Form 121, which replaces ...

The Income Tax Department clarified TDS on bank interest, creating confusion among investors regarding Fixed Deposits.

ITR: If you are a salaried individual, Form 16 is a crucial document for filing the income tax return (ITR). Employers are required to file their e-TDS return for the January–March quarter by 31 May.

NRIs note: The Central Board of Direct Taxes (CBDT) recently revised the procedure, rules, and format for obtaining TDS certificates, issuing a circular on September 27, 2023. NRIs cannot utilize Form ...

An NRI avoided a Rs 12.5 lakh TDS deduction on a Rs 1 crore property sale by using a simple provision under tax law. By ...

The Tribunal held that TDS credit cannot be denied merely because it does not appear under the assessee’s PAN. It ruled that the assessee cannot be forced to ensure revision of TDS returns by the ...