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INTEREST EXEMPTION GOVERNMENT SECURITIES
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 ...
Are gilt funds a good bet amid rising interest rates?As bond yields rise, gilt funds, which invest in government securities, are drawing significant attention from investors seeking low credit...
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...
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 ...
Retired employee gets income tax notice over Rs 9.29 lakh leave encashment; ITAT Jaipur cancels it and gives him full tax exemption, here's whyMr. Gupta, a former employee of the State Bank of India, found himself facing an income tax notice concerning Rs 9.29 lakh in leave encashm...
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...
Israel election 2026: Netanyahu’s allies, rivals and the smaller parties that could decide his fateIsrael’s October 27 election will test Prime Minister Benjamin Netanyahu’s leadership following the October 7, 2023, attack and subsequent ...
Karnataka to track doctors’ night-time attendance through geofencing app from November 1Karnataka government will implement a geofencing-based attendance system for its officials starting November 1, 2026. This initiative requi...
CISF to roll out historic functional reorganisation from November 1The Central Industrial Security Force is set to reorganize its administrative structure beginning November 1. This restructuring aims to im...
US lawmakers propose raising H-1B salary threshold to nearly $140,000 for some workersIn a significant move, Republican lawmakers are advocating for a new bill that would raise the H-1B visa salary cap to almost $140,000, ref...
Import of GM soybeans into India should not be allowed at all, say processorsProcessors across India are urging the government to impose a ban on the import of genetically modified soybeans from abroad. They argue th...
Donald Trump raised stakes in drug companies gaining from medicare exemptions, say DemocratsInvestments in pharmaceutical companies on behalf of Donald Trump saw a significant increase after returning to the White House. His portfo...
NRI capital gains tax: When can you use the basic exemption limit to lower your income tax bill?For non-resident Indians, leveraging the basic exemption limit can help mitigate normal slab rate taxes on capital gains. However, it's imp...
Retired employee received income tax notice for Rs 9.04 lakh leave encashment; she wins case in ITAT Jaipur, know how leave encashment is taxedRetired employee sent income tax notice for Rs 9.04 lakh leave encashment, she wins case in ITAT Jaipur; Know how leave encashment is taxed...
Social Security COLA 2027: Could your bigger benefit mean a higher tax bill? What retirees should checkThe Social Security Administration announces the 2027 cost-of-living adjustment on Oct. 14. Most forecasts land between 3.2% and 3.6%. Fede...
RBI to continue efforts to curb rupee volatility; external factors driving currency fall: FMFinance Minister Nirmala Sitharaman mentioned the Reserve Bank of India’s ongoing efforts to stabilize the rupee's value. She noted that th...
VRS offer in hand? Check these tax rules before you accept the packageContemplating a Voluntary Retirement Scheme (VRS)? Prior to making your decision, it’s crucial to analyze the overall financial implication...
Social Security benefits are still taxed in these 8 US states in 2026: Check if your retirement income is at risk and whether you qualify for exemptionsWhen it comes to taxes, every state has its own way of doing things. Some states give certain income or age groups a break, while others lo...
Higher EPS pension: Pensioners seek PM Modi’s intervention over EPFO's stance on higher pension casesEPS pension: In a recent letter to Prime Minister Modi, the National Confederation of Pensioner Associations highlighted critical issues wi...