Centralised assessment transfers after searches coordinate connected investigations without finally determining the assessee's tax liability or assess...
Interest paid by the New Development Bank to holders of Maharajah INR Bonds issued during tax year 2026-27 and subsequent tax years is exempt from tax deduction at source. Eligible holders are residents and Foreign Institutional Investors. The New Development Bank must furnish prescribed information under Schedule VII and the Income-tax Rules, 2026. The exemption takes effect upon publication in the Official Gazette.
Interest paid by the New Development Bank to holders of Maharajah INR Bonds issued during tax year 2026-27 and subsequent tax years is exempt from tax deduction at source. Eligible holders are residents and Foreign Institutional Investors. The New Development Bank must furnish prescribed information under Schedule VII and the Income-tax Rules, 2026. The exemption takes effect upon publication in the Official Gazette.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
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