Income Tax Department launches upgraded TRACES portal with new TDS forms and a single tax year, simplifying compliance and boosting transparency for taxpayers ...

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 ...

Form 141 is a PAN-based challan-cum-statement for reporting and depositing TDS deducted. The income tax department has introduced a new TDS form that makes reporting and paying ‘Tax Deducted at Source ...

Taxpayers face strict TDS and transfer-pricing filing deadlines. Starting December 1, key financial regulations will undergo changes that impact taxpayers, pensioners, and everyday consumers. As the ...

The Income Tax Act, 2025 has replaced Forms 15G and 15H with a unified Form 121 for TDS exemption claims, applicable from April 1, 2026. Taxpayers with income below the taxable limit must submit it ...

Income tax deadlines for FY27: The new financial year FY26-27 has already started and with it comes a set of new income tax deadlines that taxpayers should be aware of. Making timely investments and ...

Learn about Form 121 in EPFO, the unified tax declaration replacing Forms 15G and 15H from April 1, 2026. Understand how to ...

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

TDS shows up in two very different situations for most people in India. Every month a salaried employee sees a deduction before the salary hits the account. And at some point in life, when buying a ...