Note on Income Tax Clearance Certificate
Jinesh Bhagdev
Practice Head - Corporate Taxes @ Pierian Services Private Limited | Chartered Accountant
In the first Budget under Modi 3.0, the Finance Ministry has introduced a mandatory requirement for certain categories of individuals exiting India to obtain a tax clearance certificate. This requirement will be effective starting from October 1, 2024. In this article, Pierian has attempted to summarize the requirements and relevant authorities from whom such a Tax Clearance Certificate can be obtained.
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