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of <h1>Indian Government Exempts SKM's Income from Seabird Project Fees from Taxation Under Income-tax Act, 1961 Agreement.</h1> The Central Government of India has declared that any income earned by Sinclair Knight Merz Pty Limited (M/s SKM), an Australian company, from fees for technical services related to the Seabird (Phase II-A) project will not be included in the company's total taxable income under the Income-tax Act, 1961. This exemption applies to income arising from an agreement dated November 27, 2009, between the Government of India and the company, and pertains to services provided both within and outside India.
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