Joint Electricity Regulatory Commission granted income-tax exemption on specified income, effective AY 2024-25, conditional on continued status. Central Government notifies the Joint Electricity Regulatory Commission (for the State of Goa and Union Territories except Delhi) as an authority constituted under the Electricity Act for the purpose of income-tax exemption on specified income, effective from assessment year 2024-25, conditional on continuation as an authority and on serving one or more purposes specified in the income-exemption provision; retrospective effect to the year of application before the Board/Department is certified not to adversely affect any person.