Ministry : Ministry of Finance (Department of Revenue)

Part II-Section 3-Sub-Section (ii)

Subject : Extra Ordinary

Gazette Information

  • Gazette Title: The Gazette of India: Extraordinary
  • Gazette Number: 6740 GI/2024
  • Publication Date: October 16, 2024
  • Issuing Authority: Ministry of Finance (Department of Revenue) (Central Board of Direct Taxes)
  • Summary:
    • Notification regarding the collection of tax under the Income-tax Act, 1961.
    • No collection of tax shall be made on any payment received from the Reserve Bank of India.
    • This notification comes into force on the date of its publication in the Official Gazette.

notifying RBI as exempt from requirement of tax collection at source under section 206C(1F) of Incometax Act 1961

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