Income Tax:
The Central Government exempts income-tax deduction under Chapter XVII of the Income Tax Act on payments received by the National Credit Guarantee Trustee Company Limited and credit guarantee funds established and wholly financed by the Central Government, managed by the trustee company, as per Section 10(46B) of the Act.
[Notification No. 1/2025 & Notification No. 2/2025 dated 02.01.02025]
