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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.
Indian succession laws clearly state that registration is not compulsory for a will to be valid.
Under the draft, PAN will be required only if total cash deposits or withdrawals reach ₹10 lakh in a financial year.