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    <title>Amendment of section 10</title>
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    <description>Amendments to section 10 expand exempt income categories by adding winnings from races, clarifying exemption for interest on Non Resident (External) Accounts for eligible individuals, inserting a retroactive exemption for life insurance proceeds, and creating targeted exemptions for consultants and individuals assigned under international technical assistance grants where conditions and approvals are met; refinements also permit exempt interest on approved foreign currency deposits by scheduled banks, define &quot;Industrial undertaking&quot; for exemption purposes, and modify provisos governing voluntary contribution exemptions with adjusted operative conditions.</description>
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    <pubDate>Mon, 13 Jan 2025 14:21:44 +0530</pubDate>
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      <description>Amendments to section 10 expand exempt income categories by adding winnings from races, clarifying exemption for interest on Non Resident (External) Accounts for eligible individuals, inserting a retroactive exemption for life insurance proceeds, and creating targeted exemptions for consultants and individuals assigned under international technical assistance grants where conditions and approvals are met; refinements also permit exempt interest on approved foreign currency deposits by scheduled banks, define &quot;Industrial undertaking&quot; for exemption purposes, and modify provisos governing voluntary contribution exemptions with adjusted operative conditions.</description>
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