https://www.taxtmi.com/acts?id=48684 Effective 1 April 1998, the statute inserts an exemption recognising tax paid by an Indian company to the Central Government under a Central Government approved lease agreement for acquisition of aircraft or engines by a foreign State or non resident foreign enterprise. It expands exempted business activities to include telecommunication services, modifies temporal scope for certain agreements, increases a specified monthly allowance threshold, replaces and enumerates the definition of infrastructure facility to list qualifying public works and power and telecommunication projects, omits two clauses, and inserts an exclusion for certain dividend income. en-us Thu, 13 Feb 2025 17:34:30 +0530 Thu, 13 Feb 2025 17:34:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=48684 Effective 1 April 1998, the statute inserts an exemption recognising tax paid by an Indian company to the Central Government under a Central Government approved lease agreement for acquisition of aircraft or engines by a foreign State or non resident foreign enterprise. It expands exempted business activities to include telecommunication services, modifies temporal scope for certain agreements, increases a specified monthly allowance threshold, replaces and enumerates the definition of infrastructure facility to list qualifying public works and power and telecommunication projects, omits two clauses, and inserts an exclusion for certain dividend income. Act-Rules F. Acts / Amendment Acts Thu, 13 Feb 2025 17:34:30 +0530 https://www.taxtmi.com/acts?id=48684