CBDT extends income tax exemption window for sovereign wealth funds and pension funds by six years

The Central Board of Direct Taxes (CBDT), Ministry of Finance, has issued Notification G.S.R. 598(E) dated September 1, 2025, introducing the Income-tax (Twenty-Fifth Amendment) Rules, 2025. This notification amends Rule 2DCA of the Income-tax Rules, 1962, and provides a six-year extension for availing tax exemptions under Section 10(23FE) of the Income-tax Act, 1961. Section 10(23FE) offers tax exemption to income earned by certain notified entities such as sovereign wealth funds, pension funds, and similar long-term investors, provided the income is from investments in India's infrastructure sector or other priority areas.

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