CBDT Notifies 116 & 117/2026, Granting Tax Exemptions to MERC from FY 2025-26

The Central Government, through the Central Board of Direct Taxes (CBDT), has issued two notifications regarding the Maharashtra Electricity Regulatory Commission (MERC), PAN: AAAGM0004R. This statutory commission was established under the Electricity Regulatory Commissions Act of 1998. The notifications detail the tax treatment of the Commission under both the Income-tax Act of 1961 and the [...] The post CBDT Notifies 116 & 117/2026, Granting Tax Exemptions to MERC from FY 2025-26 first appeared on SAG Infotech Official Tax Blog .