EPF TDS Exemption: Form 121 Replaces 15G and 15H from 2026-27
Employees planning to withdraw money from their Employees’ Provident Fund accounts face an important procedural change from tax year 2026-27. The Employees’ Provident Fund Organisation has clarified that Forms 15G and 15H will no longer be accepted for claiming exemption from tax deducted at source on eligible EPF withdrawals. Members must instead submit Form 121,…