Diplomatic remuneration exemption clarified, with employer-paid tax rules and government paid treaty income made explicit. Section 10 is amended to redefine diplomatic and trade-mission remuneration exemptions with reciprocity and nationality conditions, to permit employer payment of salaries tax to the Central Government for a limited post-arrival period subject to approval, to extend clause (6A) explanatory scope to clause (6B), and to insert clause (6B) exempting tax where Government or an Indian concern pays tax under Central Government approved agreements. The amendments also add an exemption for interest on specified Relief Bonds, remove 'Interest on securities' from certain clauses, adjust mutual fund distribution wording, and exempt specified agricultural commodity subsidies when supported by a Board certificate.
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Provisions expressly mentioned in the judgment/order text.
Diplomatic remuneration exemption clarified, with employer-paid tax rules and government paid treaty income made explicit.
Section 10 is amended to redefine diplomatic and trade-mission remuneration exemptions with reciprocity and nationality conditions, to permit employer payment of salaries tax to the Central Government for a limited post-arrival period subject to approval, to extend clause (6A) explanatory scope to clause (6B), and to insert clause (6B) exempting tax where Government or an Indian concern pays tax under Central Government approved agreements. The amendments also add an exemption for interest on specified Relief Bonds, remove "Interest on securities" from certain clauses, adjust mutual fund distribution wording, and exempt specified agricultural commodity subsidies when supported by a Board certificate.
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