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of <h1>Amendment to Income-tax Act Section 10: Tax Exemptions for Non-Resident Technicians, Voluntary Retirement, and EEC Investments Updated.</h1> The amendment to section 10 of the Income-tax Act introduces several changes effective from April 1, 1994. A new clause (5B) exempts tax on salaries for non-resident technicians employed by government or approved bodies in India, with conditions for waiver by the Central Government. Clause (6) omits sub-clause (vii) and modifies sub-clause (viia) to specify dates. Clause (10C) allows tax exemption on voluntary retirement payments up to five lakh rupees, with guidelines for scheme approval. Clause (15) updates references to non-residents and specific authorities. Clause (23BBB) exempts income of the European Economic Community from certain investments, and clause (23C) includes the National Foundation for Communal Harmony.
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