Quick Summary
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 date for investments qualifying for exemption has been extended from March 31, 2025, to March 31, 2030. This amendment, notified under S.O. 3167(E), modifies the earlier Notification No. 93/2024 dated
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)
3 Months PLAN
999
(Excl. of GST ₹179)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience.
FAQ :
The new deadline for investments qualifying for tax exemption under Section 10(23FE) has been extended to March 31, 2030.
The relevant section is Section 10(23FE) of the Income-tax Act, 1961.
The extension aims to encourage long-term infrastructure investments in India and boost foreign capital inflows into priority sectors.
The amendment is effective retrospectively from April 1, 2025.
The exemption covers income in the nature of dividend, interest, or long-term capital gains arising from investments made by specified funds in India.
CAclubindia
