MoF issued notifications regarding no collection of tax

Oct 17, 2024 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Ministry of Finance, (MoF) on October 16, 2024, issued notifications regarding no collection of tax.

The Central Government specifies that no collection of tax shall be made under sub-section (1F) of section 206C of the Income-tax Act, 1961 on any payment received from the Reserve Bank of India.

[Notification No. S.O. 4545(E)]

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