On 31 May, the Reserve Bank of India (RBI) issued a notice stating that banks should give a receipt of acknowledgement to customers when they submit Form 15G/15H while making a fixed deposit (FD).

The Central Board of Direct Taxes (CBDT) has issued a notification making changes in the ITR-V and acknowledgement forms. Form ITR-V stands for 'Income Tax Return-Verification' Form. The verification ...