Section 26
Exemption from tax.
The International Financial Services Centres Authority Act, 2019
About this Act
An Act to provide for the establishment of an Authority to develop and regulate the financial services market in the International Financial Services Centres in India and for matters connected therewith or incidental thereto.
Nothing contained in any other law or enactment for the time being in
force, in relation to taxation, including the Income-tax Act,1961 (43 of 1961),shall make the Authority liable
to pay income-tax or any other tax or duty with respect to its income, services or profits or gains.