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 ...

Under the new framework, Form 121 serves as a unified self-declaration for individuals seeking exemption from tax deducted at source (TDS).

Withdrawing from your EPF before five years may incur TDS if the amount is over ₹50,000. Exemptions exist for those with nil ...

Learn about Form 121 in EPFO, the unified tax declaration replacing Forms 15G and 15H from April 1, 2026. Understand how to claim tax-free EPF withdrawals. Form 121 is a unified tax declaration form ...