44. Amendment of section 43

In the MMTA, in section 43, after subsection (6), insert —“(7) The Minister may, by order in the Gazette, exempt the designated local DTT filing entities of registered MNE groups of a specified class, or a designated local DTT filing entity of a registered MNE group, from the requirement to furnish a return under subsection (1) for each financial year starting from a specified financial year, subject to such conditions as may be specified in the order.”.