Quick Summary
Extension of date of making investment by Sovereign Wealth Funds, Pension Funds others and rationalisation of tax exemptions Clause (23FE) of section 10 of the Act provides for the exemption to specified persons from the income in the nature of dividend, interest, long-term capital gains or certain other incomes arising from an investment made by it in India. Specified persons inter alia are Sovereign Wealth Fund (SWF), Pension Fund (PF) which fulfills conditions prescribed therein and are spe
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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)
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FAQ :
Tax exemptions on income from investments made in India by Sovereign Wealth Funds and Pension Funds are being extended.
The tax exemptions have been extended until March 31, 2030.
The extension is intended to provide stability and a necessary timeframe for global investors to make substantial contributions to India's infrastructure development.
Yes, long-term capital gains from investments in India, including those reclassified as short-term under section 50AA, will continue to be exempt for specified SWFs and PFs.
These amendments will take effect from April 1, 2025.
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