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<h1>Tax exemption notification for Improvement Trust, Sangrur applies subject to continued statutory constitution and specified purposes.</h1> Tax exemption is notified for Improvement Trust, Sangrur under clause (46A) of section 10 of the Income-tax Act, 1961. The notification applies from assessment year 2025-26, subject to the trust continuing under the Punjab Town Improvement Act, 1922 and retaining one or more of the purposes specified in sub-clause (a) of clause (46A). The explanatory memorandum states that retrospective effect is certified as not adversely affecting any person.