Tax Guru

Transition from Form 15G/15H to Consolidated Form 121 for TDS-exempted Incomes

The new tax regime introduces Form 121 as a single declaration replacing Forms 15G and 15H. It simplifies TDS exemption ...

No PAN, no taxable income, but travelling outside India? You must file this form compulsorily

There is a form you need to file before you travel abroad in such a scenario, and under the new Income Tax Act 2025, the ...

Don’t have PAN or taxable income? You must file Form 157 before travelling abroad

Under the old IT regime, PAN was mandatory for filing ‘Form 156’ that was required to be filed by outbound travellers. While ...

No PAN, No Taxable Income? Here’s why you may still need to file form 157 before ...

Earlier, under the old tax system, travellers had to file Form 156, and having a PAN was necessary for that. Now, under the ...