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    <title>Exemption to interest income on specified off-shore Rupee Denominated Bonds</title>
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    <description>Interest payable by an Indian company or a business trust to a non resident in respect of rupee denominated bonds issued outside India during the specified issuance window shall be exempt from tax and consequently no tax shall be deducted under section 194LC on such interest; legislative amendments will be proposed to formalise this change.</description>
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      <description>Interest payable by an Indian company or a business trust to a non resident in respect of rupee denominated bonds issued outside India during the specified issuance window shall be exempt from tax and consequently no tax shall be deducted under section 194LC on such interest; legislative amendments will be proposed to formalise this change.</description>
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