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In several cases, the Reserve Bank of India deducted Tax Deducted at Source (TDS) only when the bonds matured.
The India Post offers a dependable option through the Post Office Monthly Income Scheme.
Currently, the LTC exemption remains capped at economy-class airfare for air journeys.
The initiative aligns with CBIC’s broader vision of trust-based and technology-driven customs administration.
The Income Tax Department has released draft Income-tax Rules, 2026, alongside new forms.