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

Form 15G/H submission on WhatsApp: Union Bank of India has enabled its customers to submit their Form 15G/H through WhatsApp to claim TDS exemption. In a statement, the bank said that in collaboration ...

New Delhi, Apr 21 (PTI) State-owned Union Bank of India on Friday said it has simplified Form 15G and 15H submission in association with Reserve Bank Innovation Hub by enabling online submission ...

Ideally, these forms should be submitted before the start of the financial year for which TDS is to be deducted or before the first income payment which is subject to TDS. (Image: Reuters) Question: ...

Proposed the simplification of submitting Form 15G/H to avoid excess TDS. As per the proposal, investors will be allowed to submit Form 15G/H directly to the depository and avoid TDs on dividend and ...

New Delhi: The Income Tax Department will be implementing a major change in tax rules, i.e, From April 1, 2026, Form 15G and Form 15H will be discontinued. With the Income Tax Act, 2025, coming to ...

Income Tax Return: April is a great opportunity to proactively plan your tax strategy for the upcoming fiscal year. One effective way to do so is by utilizing Form 15G or 15H to avoid Tax Deducted at ...

Holders of fixed deposits (individuals under the age of 60 and HUFs) may fill out Form 15G as a declaration to ensure that no TDS is deducted from their interest income for the fiscal year. A ...