Consequences of non-filing: There is no statutory penalty merely for not filing Form 121. However, non-submission may lead to ...

People using post office savings schemes, fixed deposits, and other financial services across India will now have to follow ...

EPFO update: Form 121 replaces 15G and 15H - What EPF members must know about new TDS rules (AI-generated image) In a significant compliance change aligned with the new tax regime, the Employees ...

Post office customers must follow new Income Tax Rules, 2026 for PAN submission, TDS declarations and reporting. PAN is now ...

Income Tax Rules 2026 introduce updated PAN, TDS and AIS forms to simplify tax filing, improve compliance and reduce ...

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: ...

The government has introduced major changes in income tax forms under the new Income Tax Rules 2026, including the ...

Almost all the types of incomes attract tax deduction at source (TDS) and the payer of the income is mandatorily required to deduct tax according to income tax Act. However, you need not pay TDS on ...

As the Financial Year is at the verge of ending, employees are asked to produce their ‘Income-tax declaration' with details of their investments and expenses, which they incurred during the FY gone by ...