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What is form 121 in EPFO?

Form 121 is a unified tax declaration form used by EPF members to claim exemption from TDS on withdrawals exceeding Rs 50,000 when their total service is less than five years. It replaced Forms 15G ...

Income-tax returns: Form 121 replaces Form 15G, 15H — Who is eligible, where to download and how to avoid TDS, explained

The new Income-Tax Act 2025 replaced the original Tax Deducted at Source forms — Form 15G and 15H — with a single Form 121, ...