https://www.taxtmi.com/highlights?id=102091 Specified income of the Kerala Headload Workers Welfare Board, Kochi, is exempt for tax years 2026-27 to 2028-29 under Schedule III read with section 11 of the Income-tax Act, 2025. The exemption covers government grants and loans, statutory levies, registration fees, employer deposits, member contributions, interest on staff and worker loans, wages received from employers, and interest earned on those receipts. The Board must not undertake commercial activity, must file its income-tax return as prescribed, and must maintain unchanged activities and income nature. Non-compliance results in withdrawal of the exemption and proceedings under the Act. en-us Sat, 25 Jul 2026 12:16:44 +0530 Sat, 25 Jul 2026 12:16:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=102091 Specified income of the Kerala Headload Workers Welfare Board, Kochi, is exempt for tax years 2026-27 to 2028-29 under Schedule III read with section 11 of the Income-tax Act, 2025. The exemption covers government grants and loans, statutory levies, registration fees, employer deposits, member contributions, interest on staff and worker loans, wages received from employers, and interest earned on those receipts. The Board must not undertake commercial activity, must file its income-tax return as prescribed, and must maintain unchanged activities and income nature. Non-compliance results in withdrawal of the exemption and proceedings under the Act. Highlights Income Tax Sat, 25 Jul 2026 12:16:44 +0530 https://www.taxtmi.com/highlights?id=102091