CBDT Exempts Specified Payments to IFSC Units from TDS

MINISTRY OF FINANCE

(Department of Revenue)

(CENTRAL BOARD OF DIRECT TAXES)

NOTIFICATION

New Delhi, the 10th July, 2026

S.O. 3743(E).— In exercise of the powers conferred by section 400(1) read with section 147 of the Income-tax Act, 2025 (30 of 2025) (hereinafter referred to as the said Act), the Central Government hereby notifies that no deduction of tax shall be made under the provisions of the said Act as specified in column (4) of the Table below in respect of the payments, as specified in column (3) of the said Table, made by any payer to a person being a Unit of International Financial Services Centre (hereinafter referred to as the payee), as specified in column (2) of the said Table.

[Notification No. 80/2026/F. No. 275/19/2026-IT(B)]

RAJENDRA KUMAR MEENA
Under Secretary

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