Indian Energy Exchange (IEX) has seen a year-on-year increase of 13.2 per cent in volume of electricity traded in Q2 of FY21.
The Central Board of Direct Taxes of India (CBDT) has exempted power trading transactions through online exchanges from the newly imposed section 194 (O) – TDS on E-Commerce Transactions & section 206C (1H) – TCS on Sale of Goods on e-commerce platform, of Income tax Act, 1961.