From April 1, 2026, a host of income tax changes will come into effect under the new Income Tax Act, 2025. Among these, the introduction of Form 121 stands out as a key reform for senior citizens, ...
From April 1, 2026, the Employees' Provident Fund Organisation has replaced age-specific Forms 15G and 15H with a single Form 121 for TDS exemption declarations. The new form applies to all eligible ...