Form 121: A new combined form, now replaces Forms 15G and 15H. This simplifies the process for individuals and senior ...
Form 121, a new combined form, now replaces Forms 15G and 15H for TDS filing, simplifying the process for eligible taxpayers.
As per the Income Tax Act of 1961, financial institutions like Bajaj Finance must deduct TDS if the interest income of customers investing in FDs exceeds Rs. 40,000 in a financial year (this limit is ...