CURRENT AFFAIRS : BANKING & FINANCE
CBDT gives five-year tax exemption for insolvency regulator IBBI
- In a big boost to the insolvency regime, the Central Board of Direct Taxes (CBDT) has granted tax exemption to certain specified incomes of the insolvency regulator Insolvency and Bankruptcy Board of India (IBBI) for 5 financial years starting from the current fiscal.
