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    <title>Section 10(46) of the Income-tax Act, 1961 Central Government notifies Punjab Building &amp; Other Construction Workers Welfare Board, constituted by the Government of Punjab, in respect of the specified income arising to that Board</title>
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    <description>Central Government notifies Punjab Building &amp; Other Construction Workers Welfare Board for tax exemption of specified income comprising labour cess collection and interest on deposits. The exemption is conditional on the Board not engaging in commercial activity, maintaining unchanged activities and income character across the relevant years, and filing returns of income as required. The concession is time-bound and applies for the financial years 2016-17 through 2020-21.</description>
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