Form 121: A new combined form, now replaces Forms 15G and 15H. This simplifies the process for individuals and senior citizens to declare income below taxable limits. Eligible taxpayers can now use ...

For years, EPF subscribers have been used to filing Forms 15G and 15H. That process has now changed. A single new form has ...

Form 121 is a declaration by a taxpayer to the effect that tax on his estimated total income for the tax year will be Nil, ...

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