Specified income of Baddi Barotiwala Nalagarh Development Authority receives conditional tax exemption, retrospectively covering its designated assess...
Specified development authority income receives retrospective tax exemption, subject to non-commercial activity, unchanged income sources, and return-...
Unified Brand India framework introduces voluntary Trust Mark certification and funding support for export branding, packaging and global promotional ...
Origin Declaration authentication governs preferential tariff claims under India-UK CETA, requiring a validated reference number before import clearan...
Separate assessment orders for different years remain valid when distinct notices and hearing opportunities prevent prejudice from combined proceeding...
No tax deduction at source is required on specified payments made to eligible IFSC units where the payee falls within notified categories such as banking units, finance companies, finance units, fund management entities, broker dealers, investment advisers, custodians, credit rating agencies, investment bankers, debenture trustees, ITFS entities and FinTech entities, and the receipt is a notified item including interest, dividend, professional fees, advisory fees, distribution fees, commission, brokerage or insurance commission. The relief applies only if the payee remains a registered IFSC unit providing qualifying financial services, furnishes Form 1(N) for each opted tax year within the twenty consecutive tax years under section 147, and the payer receives the declaration and reports non-deducted payments in its TDS statement. The notification operates from 1 April 2026.
No tax deduction at source is required on specified payments made to eligible IFSC units where the payee falls within notified categories such as banking units, finance companies, finance units, fund management entities, broker dealers, investment advisers, custodians, credit rating agencies, investment bankers, debenture trustees, ITFS entities and FinTech entities, and the receipt is a notified item including interest, dividend, professional fees, advisory fees, distribution fees, commission, brokerage or insurance commission. The relief applies only if the payee remains a registered IFSC unit providing qualifying financial services, furnishes Form 1(N) for each opted tax year within the twenty consecutive tax years under section 147, and the payer receives the declaration and reports non-deducted payments in its TDS statement. The notification operates from 1 April 2026.
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