CBDT Extends Tax Exemption Timeline for Sovereign Wealth and Pension Funds Till March 31, 2030

Last updated: 12 July 2025

In a major relief for Sovereign Wealth Funds (SWFs) and Pension Funds (PFs), the Ministry of Finance has extended the deadline for availing income-tax exemptions under Section 10(23FE) of the Income-tax Act, 1961. According to CBDT Notification No. 113/2025 issued on July 11, 2025, the new cut-off d

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