India’s Infrastructure Push: CBDT Notifies 6-Year Extension of Tax Holiday for Global Funds
The Central Board of Direct Taxes (CBDT), under the Ministry of Finance, has extended the income tax exemption timelines for sovereign wealth and pension funds by six years. This was announced via the Income-tax (Twenty-Fifth Amendment) Rules, 2025, which were notified on September 1, 2025. The amendment specifically extends the benefits under Section 10(23FE) of … Read more