Form 15G

If you have ever submitted Form 15G or Form 15H to your bank to stop TDS (Tax Deducted at Source) on income such as savings account or fixed deposit interest, there is an important change. Under the new Income-tax Act, 2025, the government has introduced Form 121, which replaces both Form 15G and Form 15H. New Form 121 is for people whose total income is below the taxable … [Read more...] about Form 121 Replaces Form 15G & 15H: How to Avoid TDS on Interest and Other Income (New Rules 2026)