CBDT | Exemptions for Non-Resident Financial Instruments and Specified Funds in IFSC

Last updated: 19 July 2023 Follow on Google News

Central Board of Direct Taxes (CBDT) issued the Income-tax (Twelfth Amendment) Rules, 2023 on July 17, 2023. The amendment aims to provide exemptions and regulations regarding certain income and financial instruments for non-residents. The key changes introduced by the amendment are as follows

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Attached File : 671907_22448_notification_50_2023.pdf

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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