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📢 Major Income Tax Update Effective from 1 April 2026! Government has introduced a BIG compliance change under the new Income Tax Rules. ✅ Form 15G and Form 15H are now removed ✅ A single new Form 121 will replace both declarations. Earlier taxpayers used: Form 15G (Non-Senior Citizens) Form 15H (Senior Citizens) Now both are replaced by Form 121, simplifying TDS declaration procedures for taxpayers whose total tax liability is NIL. As per new rules effective FY 2026-27, taxpayers must submit Form 121 to avoid TDS deduction on: ✔ Bank FD Interest ✔ Dividend Income ✔ Rent Income ✔ Other eligible payments The new form removes age-based classification and introduces a simplified PAN-based declaration system. 👨🏻💻Combo Courses 👉GST ITR TDS & TCS https://fintaxpro.in/Combo 👉Mega Combo https://fintaxpro.in/All 👨🏻💻Solo Courses 👉GST https://fintaxpro.in/GST 👉ITR https://fintaxpro.in/ITR 👉TDS & TCS https://fintaxpro.in/TDS 👉Share Market Tax https://fintaxpro.in/sm 👉Tax Audit https://fintaxpro.in/ta 👉Accounting https://fintaxpro.in/Accounting 👉ROC eFiling https://fintaxpro.in/roc 👉Trademark https://fintaxpro.in/TM 👉Excel https://fintaxpro.in/Excel 👉Bst & PnL https://fintaxpro.in/bs 👉Project Report & CMA Data https://fintaxpro.in/cma For Course query call us at 7827521794 👉PDF to Tally Automation https://tinyurl.com/fintaxpro 📞For consultancy & Services call us at 7048930220 or 8851979585 👉Email - info@fintaxpro.in 👉Website - https://fintaxpro.in 👉Mobile App - https://bit.ly/3WJ63tX 👉Telegram channel - https://t.me/fintaxpro 👉Social Media - https://linktr.ee/fintaxpro 🔗Buy DSC - https://fintaxpro.in/dsc/ 🔗 Buy Excel GST computation sheet https://imojo.in/jy67ZG 🔗Buy TDS Calculator https://imojo.in/5Jv0gj 🔗Buy amazon profit calculator https://imojo.in/1FkCqbs 🔗Monthly Tax Newsletter - https://fintaxpro.in/newsletter/ ⚠ Disclaimer- Although all provisions, notifications, updates, and live demos are analyzed in-depth by our team before presenting to the public. We hereby provide our point of view only and tax matters are always subject to frequent changes hence advisory is only for the benefit of the general public. Hence neither Fintaxpro Advisory LLP nor its designated partner is liable for any consequence that arises on the basis of YouTube videos. © Copyright Disclosure - As per Sec 52 of The Copyright Act,1957 Fintaxpro Advisory LLP shared this video with a clear objective to educate the public at large and thus constitute the fair dealing with content for the purpose of reporting of current events and current affairs, including the reporting of a lecture delivered in public. ©️Fintaxpro Advisory LLP form 121 income tax form 15g removed form 15h removed income tax changes 2026 new income tax rules 2026 form 121 explained tds new rules 2026 how to avoid tds 2026 form 121 eligibility income tax update india budget 2026 tax changes tds declaration form new form 15g replacement form 15h replacement tax updates india 2026 Form 121 income tax India #Form121 #IncomeTaxUpdate #TDSRules Form 15G 15H abolished New TDS declaration form Income Tax Rules 2026 India Avoid TDS legally India FD interest TDS rules 2026 New Income Tax Act updates TDS saving methods India