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- H. RATIONALISATION OF OTHER DIRECT TAX PROVISIONS Rationalisation of TCS rates
- Rationalization of Minimum Alternate Tax provisions
- Rationalisation of certain terms for treasury centres in IFSC
- Extension of period of deduction for units in IFSC and rationalization of tax rate
- Exemption to non-residents for rendering services under a notified Scheme in India.
- Exclusion of specified business of Non-residents which are under presumptive taxation from the applicability of Minimum Alternate Tax
- Exemption to a foreign company on income arising on account of providing capital equipment etc. to an electronic goods manufacturer located in a custom bonded area
- Allowing expenditure on prospecting of critical minerals as deduction
- Exemption to a foreign company on any income arising in India by way of procuring data centre services from a specified data centre.
- Amendment of section 169 of the Income-tax Act, 2025 relating to providing effect to advance pricing agreements
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