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India Clarifies Income-Tax Clearance Certificate Requirement Following Amendment by Finance (No. 2) Act 2024

|Approved Changes|India
India

India's Central Board of Direct Taxes (CBDT) has issued a press release on income-tax clearance certificate requirements following an amendment introduced by the Finance (No. 2) Act 2024. The release clarifies that the amendment does not require all Indian citizens to obtain an income-tax clearance certificate before leaving the country, which has been erroneously reported.

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CBDT issues clarification in respect of Income-tax clearance certificate (ITCC)

Section 230 (1A) of the Income-…

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