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of <h1>Finance Bill 2018 Amends Section 10: New Tax Exemptions for NTRO Services, NPS Subscribers, and More Effective April 2018</h1> Clause 5 of the Finance Bill, 2018 proposes amendments to section 10 of the Income-tax Act, which deals with incomes not included in total income. A new clause (6D) exempts income from royalties or fees for technical services provided to the National Technical Research Organisation by non-residents or foreign companies. Clause (12A) extends tax exemptions to all National Pension System Trust subscribers. Amendments to clauses (23C), (38), (46), and (48B) involve adjustments to existing exemptions and applicability conditions. These changes take effect from April 1, 2018, and April 1, 2019, impacting assessment years 2018-2019 and 2019-2020, respectively.
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