law: Telecom Regulatory Authority of India Act,1997
  32. Exemption from tax on wealth and income
  Notwithstanding anything contained in the Wealth Tax Act, 1957 (27
  
  of 1957), the Income Tax Act, 1961 (43 of 1961), or any other enactment for the
  
  time being in force relating to tax on wealth, income, profits or gains, the
  
  Authority shall not be liable to pay wealth-tax, income-tax or any other tax in
  
  respect of their wealth, income, profits or gains derived.