LatestIncome Tax 5 July 2026
India Finance Update
Nestle India declares a special dividend of ₹2 per share with a record date of July 10, 2026. Meanwhile, senior citizens can earn up to 8.3% interest on fixed deposits for three years. The Indian government has also introduced TDS exemptions on aircraft and ship lease rentals paid to IFSC units under the income tax act.
Recent financial updates in India include Nestle India declaring a special dividend of ₹2 per share, with a record date of July 10, 2026.
- Senior citizens can now earn up to 8.3% interest on fixed deposits for three years.
- The Indian government has introduced TDS exemptions on aircraft and ship lease rentals paid to IFSC units under the income tax act.
- Bhutan has declined to buy E20 petrol from India, opting for regular petrol instead.
- The EPFO member portal has been restored after an upgrade, bringing changes for PF subscribers.
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