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    <title>Notification Granting Tax Exemption to the Core Settlement Guarantee Fund set up by National Commodity Clearing Limited (NCCL) under Schedule III of the Income-tax Act, 2025 for assessment year 2026-2027.</title>
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    <description>Tax exemption is notified for the Core Settlement Guarantee Fund set up by National Commodity Clearing Limited (NCCL) for tax year 2026-2027 onwards under Schedule III read with section 11 of the Income-tax Act, 2025, subject to continued recognition of NCCL as a clearing corporation, taxable treatment of any shared surplus amounts, and filing of return of income under section 263. Non-compliance may result in withdrawal of the exemption and initiation of proceedings under the Act.</description>
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      <description>Tax exemption is notified for the Core Settlement Guarantee Fund set up by National Commodity Clearing Limited (NCCL) for tax year 2026-2027 onwards under Schedule III read with section 11 of the Income-tax Act, 2025, subject to continued recognition of NCCL as a clearing corporation, taxable treatment of any shared surplus amounts, and filing of return of income under section 263. Non-compliance may result in withdrawal of the exemption and initiation of proceedings under the Act.</description>
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