The new tax regime introduces Form 121 as a single declaration replacing Forms 15G and 15H. It simplifies TDS exemption ...
Form 121 replaces Form 15H, which is filed by senior citizens, as well as Form 15G, which is filed by individuals below the age of 60. Here's a detailed explanation of the changes and key mistakes to ...
Traces 2.0 portal income tax: This new website is available at traces.tdscpc.gov.in (users are automatically redirected to it from the old URL). The interface of this new portal is completely revamped ...
Income Tax Dept has launched TRACES 2.0 from April 1, 2026, simplifying TDS compliance under the new tax regime. New forms, lower TCS rates and a revamped portal aim to make tax tracking and ...
India’s TDS and TCS framework is set for a major overhaul from April 1, 2026, with new forms, revised rates, and simplified ...
Revised TDS and TCS forms to come into effect with simplified structure, renumbering, and enhanced digital features ...
The new law replaces the 1961 Act without introducing new taxes or changing tax policy. It simplifies provisions, reduces complexity, and improves compliance ...
From April 1, 2026, India’s income tax system gets a major reset with new forms under the Income-tax Rules, 2026. Form 121 replaces Forms 15G and 15H, creating a single declaration to avoid TDS for ...
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 ...
Income Tax Department launches upgraded TRACES portal with new TDS forms and a single tax year, simplifying compliance and ...
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