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of <h1>Central Government Designates Press Trust of India as News Agency u/s 10(22B) for 2019-2022.</h1> The Central Government has designated 'The Press Trust of India Limited, New Delhi' as a news agency for the collection and distribution of news in India for the assessment years 2019-2020 to 2021-2022 under section 10(22B) of the Income-tax Act, 1961. This designation is contingent upon the agency using or accumulating its income solely for news collection and distribution purposes and not distributing its income to its members.
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