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    <title>PERSONS EXEMPT FROM TAX</title>
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    <description>Persons and specified funds, authorities, boards, trusts, institutions and corporations listed in the Schedule are exempt from income-tax on total income for the relevant tax year, subject to the conditions attached to each entry. The Schedule covers welfare funds for armed forces personnel, employee welfare funds approved and regulated by specified investment and approval requirements, pension schemes approved by the insurance regulator, khadi and village industries authorities, bodies administering public religious or charitable trusts, listed public funds and relief funds, government-financed educational and medical institutions, mutual funds, provident and superannuation funds, statutory funds under labour and provident fund laws, agricultural market committees, bodies promoting Scheduled Castes, Scheduled Tribes, backward classes and minority communities, export and commodity boards, the New Pension System Trust, notified urban development and regulatory bodies, credit guarantee and infrastructure financing institutions, and the New Development Bank.</description>
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    <pubDate>Thu, 14 Aug 2025 13:10:08 +0530</pubDate>
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      <description>Persons and specified funds, authorities, boards, trusts, institutions and corporations listed in the Schedule are exempt from income-tax on total income for the relevant tax year, subject to the conditions attached to each entry. The Schedule covers welfare funds for armed forces personnel, employee welfare funds approved and regulated by specified investment and approval requirements, pension schemes approved by the insurance regulator, khadi and village industries authorities, bodies administering public religious or charitable trusts, listed public funds and relief funds, government-financed educational and medical institutions, mutual funds, provident and superannuation funds, statutory funds under labour and provident fund laws, agricultural market committees, bodies promoting Scheduled Castes, Scheduled Tribes, backward classes and minority communities, export and commodity boards, the New Pension System Trust, notified urban development and regulatory bodies, credit guarantee and infrastructure financing institutions, and the New Development Bank.</description>
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      <pubDate>Thu, 14 Aug 2025 13:10:08 +0530</pubDate>
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