https://www.taxtmi.com/highlights?id=91902 The Central Government notifies a state construction workers' welfare board as exempt under section 10(46) of the Income-tax Act for specified income: central government grants, other Central-decided sources, cess on construction costs, registration fees and annual subscriptions from establishments, and interest on bank deposits. Exemption is subject to conditions: the board must not engage in commercial activities, its activities and nature of specified income must remain unchanged during the relevant years, and it must file income-tax returns as required by law. The notification applies to assessment years 2026-27 through 2030-31 (financial years 2025-26 to 2029-30). en-us Mon, 25 Aug 2025 20:30:56 +0530 Mon, 25 Aug 2025 20:30:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=91902 The Central Government notifies a state construction workers' welfare board as exempt under section 10(46) of the Income-tax Act for specified income: central government grants, other Central-decided sources, cess on construction costs, registration fees and annual subscriptions from establishments, and interest on bank deposits. Exemption is subject to conditions: the board must not engage in commercial activities, its activities and nature of specified income must remain unchanged during the relevant years, and it must file income-tax returns as required by law. The notification applies to assessment years 2026-27 through 2030-31 (financial years 2025-26 to 2029-30). Highlights Income Tax Mon, 25 Aug 2025 20:30:56 +0530 https://www.taxtmi.com/highlights?id=91902