Form 121: A new combined form, now replaces Forms 15G and 15H. This simplifies the process for individuals and senior ...

Form 15H has been replaced by Form 121 under Income-tax Rules 2026. Learn key changes, eligibility, UIN system, and mistakes ...

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

For senior citizens, this marks a key change. Earlier, Form 15H allowed those aged 60+ to declare nil tax liability and avoid ...

Form 121 replaces Form 15H, which is filed by senior citizens, as well as Form 15G, which is filed by individuals below the ...

Form 121 is a self-declaration that allows individuals to request that no TDS be deducted on certain types of income. This ...

From April 1, 2026, India’s income tax system gets a major reset with new forms under the Income-tax Rules, 2026. Form 121 ...

Form 121 has replaced Forms 15G and 15H under the new Income Tax Act, 2026, simplifying TDS exemption for all taxpayers with ...

As per the Income Tax Act 2025, which comes into effect from April 1, 2026, Forms 15G and 15H merged into a single unified ...

For senior citizens, the replacement of Form 15H with Form 121 is a move toward uniformity and ease of compliance. While the ...

In a major move to simplify tax compliance, the Income Tax Department has introduced a new declaration system starting April ...

Government introduces Form 121, replacing Forms 15G and 15H to simplify TDS exemption claims. Here’s who can file, required ...