The Government of India, through the Ministry of Finance (Department of Revenue), has issued Notification No. 53/2026 dated March 31, 2026 granting income-tax exemption benefits to the Rajasthan Electricity Regulatory Commission (RERC) under the provisions of the Income-tax Act, 1961.
In exercise of the powers conferred under sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, the Central Government has officially notified the Rajasthan Electricity Regulatory Commission (PAN: AAABR0296D), a statutory body constituted under the Electricity Regulatory Commissions Act, 1998, as an eligible entity for the purposes of the said clause.
As per the notification, the exemption shall be applicable from the Assessment Year 2026–27 onwards, subject to the condition that the Commission continues to function as a statutory regulatory authority under the Electricity Regulatory Commissions Act, 1998 and fulfills one or more of the specified purposes outlined under section 10(46A)(a) of the Income-tax Act.
The Notification can be accessed at: https://www.incometaxindia.gov.in/documents/d/guest/notification-no-53-2026-pdf
