The issue addressed complexity arising from multiple TDS declaration forms. The new framework replaces them with a single Form 121 for all eligible taxpayers. The takeaway is simplified and ...

It’s the beginning of a new financial year and employers have started rolling out the tax declaration form for employees. For salaried people, the option of selecting between old and new tax regimes ...

The government has overhauled the tax deducted at source (TDS) declaration framework by introducing Form 121, which replaces ...