Income Tax Department launches upgraded TRACES portal with new TDS forms and a single tax year, simplifying compliance and ...

Tax Deducted at Source (TDS) deductors have key compliance obligations in April 2026, including issuing TDS certificates for February transactions and completing related filings and deposits through ...

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

How To File TDS: Tax Deducted at Source, commonly known as TDS, is a system where tax is deducted at the point of income. If ...

Form 121, a new combined form, now replaces Forms 15G and 15H for TDS filing, simplifying the process for eligible taxpayers.

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

Until now, senior citizens relied on Form 15H to declare that their income was below the taxable limit and to prevent TDS on ...

Form 15H has been replaced by Form 121 under Income-tax Rules 2026.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 ...