Tag Archives: Form 15H scrapped

Form 121: The New Unified TDS Declaration Replacing 15G and 15H (2026 Guide)

Effective April 1, 2026, under the New Income Tax Act, 2025, the separate Forms 15G and 15H are being replaced by a single, unified Form 121. The Key Change: Transition to Form 121 The primary change is the consolidation of age-specific forms into one age-neutral declaration.  Abolition of 15G/15H: Starting in the financial year 2026-27, […]