Form 15G/15H Eligibility
Check if you can submit Form 15G/15H (Form 121 from Tax Year 2026-27) to avoid TDS.
The Form 15G/15H (Form 121) eligibility checker indicates whether you can give your bank, post office or company a declaration so that no TDS is deducted on interest, dividends or similar income. For Tax Year 2026-27, Forms 15G and 15H are replaced by a single Form 121 under the Income-tax Rules, 2026. The main test is that tax on your estimated total income for the year is nil; below 60, the income covered must also not exceed the basic exemption limit.
Use the Form 15G/15H Eligibility
Eligibility Assessment
Enter your details to check eligibility
Check whether you can submit a no-TDS declaration to your bank, post office or company for interest, dividends, EPF withdrawals etc. For Tax Year 2026-27 the declaration is Form 121 (Income-tax Rules, 2026), which replaced Form 15G (below 60) and Form 15H (60 and above) used up to FY 2025-26. The eligibility conditions and the slab / rebate figures used here are the same for both years.
Eligibility conditions
| Form | Age | Conditions | Other conditions |
|---|---|---|---|
| 15G (Form 121 from TY 2026-27) | Below 60 (Individual / HUF) | Tax on estimated total income is NIL (after the rebate: total income up to ₹12L new regime / ₹5L old regime) and the income covered by the declaration does not exceed the basic exemption limit (₹4L new regime / ₹2.5L old regime) | Resident only; the rebate is available only to individuals, so an HUF needs total income within the basic exemption limit |
| 15H (Form 121 from TY 2026-27) | 60 and above (Senior Citizen) | Tax on estimated total income is NIL (after the rebate) | Resident individual only; can be submitted even if the income covered exceeds the basic exemption limit |
Important notes
- Submit the declaration at the start of the year, before the first credit or payment, separately to each deductor (bank / company / employer).
- The rebate (Section 87A; Section 156 of the 2025 Act) does not cover income taxed at special rates, such as certain capital gains, so tax may not be nil if you have such income.
- Filing a false declaration to avoid TDS is punishable u/s 277 of the Income-tax Act, 1961 (6 months to 7 years imprisonment where tax sought to be evaded exceeds ₹25 lakh); from Tax Year 2026-27 the corresponding provision is Section 482 of the Income-tax Act, 2025.
- Form is valid for one financial year only - submit fresh at the start of each year.
- Non-residents (NRIs) cannot file 15G/15H.
- Common uses: FD interest, recurring deposit interest, EPF withdrawal < 5 yrs, post office interest, dividend, rent (if applicable).
From 1 April 2026:
Under the Income Tax Rules, 2026 (Rule 211), Form 15G and Form 15H are replaced by a single Form 121, a declaration under Section 393(6) of the Income Tax Act, 2025 for tax years beginning on or after 1 April 2026. It is used by senior citizens and others alike. The eligibility conditions (NIL tax on estimated total income, plus the income-covered limit for those below 60) remain unchanged. False declarations remain punishable under Section 482 of the Income Tax Act, 2025 (corresponding to old Section 277; its punishment was revised by the Finance Act, 2026).
Important note: This tool provides an indicative output only. It does not factor in every special provision, surcharge, exception, or recent notification. Verify with the firm before acting on any computation.
Frequently Asked Questions
Who can submit Form 15G and Form 15H, and what replaces them?
A resident individual aged 60 or above can give the declaration if tax on estimated total income for the year is nil. Those below 60, and HUFs, must also have the income covered by the declaration within the basic exemption limit. Non-residents cannot use it. For Tax Year 2026-27, Forms 15G and 15H are replaced by Form 121 under the Income Tax Rules, 2026.
When is tax on my total income nil?
After the rebate, tax is nil for a resident individual with total income up to ₹12 lakh under the new regime, which is the default, or up to ₹5 lakh under the old regime. These limits apply for FY 2025-26 and Tax Year 2026-27. Income taxed at special rates, such as certain capital gains, is not covered by the rebate.
Is Form 15G, 15H or Form 121 valid for more than one year?
No. The declaration is valid for one year only, so a fresh one must be submitted at the start of each year, separately to each bank, post office or company that would otherwise deduct TDS. Making a false declaration is punishable under Section 277 of the 1961 Act, which corresponds to Section 482 of the Income Tax Act, 2025.
How does the Form 15G/15H checker work?
Enter your age, residential status, regime, estimated total income and the income covered by the declaration. Non-residents are shown as ineligible. The tool checks whether the rebate makes tax nil at your income; for those below 60, it also checks the covered income against the basic exemption limit of ₹4 lakh (new regime) or ₹2.5 lakh (old regime). It is an indicative check only.
Due in the next 30 days
Income tax- ITR Filing (taxpayers under audit, companies)
- TCS statement for Jul–Sep 2026 quarter (Form 143)
- TDS statements for Jul–Sep 2026 quarter (Forms 138 / 140 / 144)
- TDS / TCS deposit (e-Pay Tax, Challan ITNS 281) for October
Full compliance calendar → Statutory dates, which can be extended by notification. General information only.