Union Budget 2023: Income Tax Exemption for Development Authorities [Read Finance Bill]

By Aparna. M - On February 2, 2023 4:31 pm - 2 mins read
Union Budget 2023 - Budget 2023 - Union Budget - Income Tax Exemption - Income Tax - Tax - budget 2023 - budget 2023 live - taxscan

Under the newly proposed union budget 2023-2024 the Finance Minister Nirmala Sitharaman proposed Income Tax exemptions for development authorities. Finance minister announced that, “It is proposed to provide exemption to any income arising to a body or authority or board or trust or commission, (not being a company) which has been established or constituted by…

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