https://www.taxtmi.com/acts?id=46701 Central Government may, by notification, make exemptions, rate reductions or other modifications in respect of income-tax for specified classes when satisfied it is necessary or expedient in the public interest; notifications must be laid before both Houses. Specified classes include parties to agreements for association or participation in prospecting, extraction or production of mineral oils, suppliers of services or plant (sale or hire) connected with those activities when so specified by Government, and employees of those persons. "Mineral oil" includes petroleum and natural gas. en-us Sat, 28 Dec 2024 11:52:18 +0530 Sat, 28 Dec 2024 11:52:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=46701 Central Government may, by notification, make exemptions, rate reductions or other modifications in respect of income-tax for specified classes when satisfied it is necessary or expedient in the public interest; notifications must be laid before both Houses. Specified classes include parties to agreements for association or participation in prospecting, extraction or production of mineral oils, suppliers of services or plant (sale or hire) connected with those activities when so specified by Government, and employees of those persons. "Mineral oil" includes petroleum and natural gas. Act-Rules F. Acts / Amendment Acts Sat, 28 Dec 2024 11:52:18 +0530 https://www.taxtmi.com/acts?id=46701