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CBDT FORM 173A
Income Tax Rules 2026: CBDT notifies Form 173A to claim exemption on interest, capital gains from government securitiesIn a significant update, the Central Board of Direct Taxes has rolled out Form 173A, effective from October 19, 2026, under the Income-tax ...- CBDT mandates new disclosures for tax-free gains on govt securitiesThe Central Board of Direct Taxes has introduced new disclosure requirements for taxpayers claiming exemptions. Taxpayers will need to prov...
- 39-year-old mom starts side hustle with just $500, now makes thousands: Her small party rental business became her reliable sourceVanessa Romano launched Little Party Co. with an initial investment of $500, renting outdoor games for events. Within a few months, she sec...
- CBDT makes Form 173A mandatory to claim tax exemption on interest and gains from government securitiesThe Central Board of Direct Taxes has introduced Form 173A for income-tax exemption claims. This new form includes detailed information to ...
- Maharajah Bonds gain investor appeal with TDS exemptionIn a notification dated October 19, the Central Board of Direct Taxes (CBDT) said no tax would be deducted at source on interest paid to el...
- CBDT exempts interest payments on rupee-denominated bonds issued by New Development Bank from TDSThe exemption applies to holders of Maharajah INR Bonds who are Indian residents or foreign institutional investors, for the 2026-27 tax ye...
- Global investors against use of judicial anti-avoidance rule by tax officialsInternational investors have raised concerns regarding the Indian Income-tax authorities' invocation of the judicial anti-avoidance rule. A...
- Voters can fill Form 6 to get names re-included in electoral rolls: EC to Delhi HCThe Election Commission of India informed the Delhi High Court about two voters whose names were removed from electoral rolls. These voters...
- Your daily chai under scanner: FSSAI proposes new science-based limits for two pesticide residues in tea; what consumers should knowFSSAI has proposed maximum residue limits for two pesticides in tea under draft regulations published on October 16. The proposal sets a li...
- Transferring immovable property? How TDS compliance is now simpler with new Form 141With the introduction of Form 141, taxpayers can easily report TDS by combining several earlier forms into one streamlined approach. This u...
- How much gold and silver jewellery can you have in your home without getting into trouble with the Income Tax authorities?How much pure silver and gold jewellery can you have in your home without getting into trouble with the Income Tax authorities? To know the...
- Domino's Pizza outlets among 25 food establishments facing licence suspension in Maharashtra: FDA seizes 81,330 kg of food worth Rs 1.73 croreMaharashtra’s Food and Drug Administration (FDA) has suspended the licences of 25 food establishments and four edible oil and spice manufac...
- US fiscal 2026 budget deficit rises to $1.99 trillion, largest in 5 yearsThe US budget deficit for fiscal 2026 rose to $1.99 trillion, driven by increased tariff refunds and spending. Total spending for the year ...
- Gold eases after climbing over 1% in previous sessionGold prices slipped 0.4% to $4,152.99 per ounce in early Asian trading on Friday, as investors scrutinize the Federal Reserve's future poli...
- CBDT nudges 12,000 tax professionals to file pending audit reportsCBDT has launched the SAKSHAM NUDGE campaign aimed at tax professionals to encourage timely filing of tax audit reports. The campaign targe...
- Mamata Banerjee allegedly targeted with knife, TMC files complaintTrinamool Congress MP Dola Sen filed a police complaint after a knife attack attempt on Mamata Banerjee. The complaint describes an intrude...
- Tighter AI data rules could curb Germany's economic gains by €155 billion a year, study findsThe findings come as European policymakers and technology companies grapple with how to manage the risks posed by AI without slowing innova...
- Navratri Special: 7 Lesser-Known Facts About the Nine Forms of Durga Most People Don't KnowDuring the vibrant festival of Sharad Navratri, worshippers pay homage to the nine embodiments of Goddess Durga known as Navadurga. Each fo...
- Revised Form 161: How taxpayers can seek penalty waiver and avoid litigation
- Good news: If penalty is imposed for misreporting of income or other cases you can apply for waiver of penalty using revised Form 161; Check the detailsOn October 8, 2026, the Central Board of Direct Taxes introduced a revised Form 161 for taxpayers. This new form allows eligible individual...
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