Budget 2024: Tax clearance certificate must for residents leaving India – CNBC TV18

Budget 2024: Tax clearance certificate must for residents leaving India – CNBC TV18

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Starting October 1, residents of India will need a clearance certificate confirming compliance with the Black Money Act for leaving India.

As per Section 230 of the Income-tax (I-T) Act, any individual residing in India must obtain a certificate from tax authorities before departure.

The story will be updated with more details shortly

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