EPFO has introduced Form 121 to replace Forms 15G and 15H from April 1, 2026 under the new Income Tax Act, 2025. Here’s how the new TDS exemption rule works, who can use it, and what PF members must ...

The declarant, who is a resident, must ensure that their expected final tax liability for the year is NIL and duly fill all ...

Form 121 is a unified tax declaration form used by EPF members to claim exemption from TDS on withdrawals exceeding Rs 50,000 ...

EPF TDS exemption moves to Form 121, allowing simpler filing process but with stricter data checks and verification norms ...

Starting April 1, the Employees’ Provident Fund Organisation replaced two separate forms with a single Form 121. This new ...