Tax alert: Karnataka extends exemption to IT/ITes establishments under Industrial Employment (Standing Orders) Act has been saved
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Tax alert: Karnataka extends exemption to IT/ITes establishments under Industrial Employment (Standing Orders) Act
13 June 2024
As per notification No. LD 328 LET 2023, dated 10 June 2024, the Karnataka government has renewed the exemption given to IT/ ITes establishments under the Industrial Employment (Standing Orders) Act, 1946. The renewal is for a period of 5 years w.e.f. 10 June 2024.