India’s tax board requires Form 173A for exemptions on government-security interest and gains

The Economic Times reports that India’s Central Board of Direct Taxes has made Form 173A mandatory to claim tax exemptions on interest and capital gains from government securities. The requirement covers foreign institutional investors and the Bank for International Settlements. The form asks for identifying information and details of securities holdings and income. The amendment was notified on October 19, 2026; the rules take effect upon publication in the Official Gazette.