SWFs Seek Tax Exemption Extension for Infrastructure in Budget 2025

Last updated: 24 January 2025


As the Union Budget 2025 approaches, foreign sovereign wealth funds (SWFs) and pension funds are lobbying for an extension of the tax exemption on their investments in India's infrastructure sector. The current tax benefit, granted under Section 10(23FE) of the Income Tax Act, is set to expire on Ma

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