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Employees’ Provident Fund Organisation (EPFO) has introduced a new compliance framework following the rollout of the Income-tax Act, 2025, clarifying who needs to file Form 121 instead of long-used ...

India’s tax compliance framework is set for a structural tweak with the introduction of Form 121, which replaces the widely used Form 15G and Form 15H. The shift, aligned with the upcoming Income-tax ...

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 ...