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<h1>Pension Fund Compliance: Key Requirements for Clause (23FE) of Section 10 on Foreign Regulation and Asset Management</h1> For a pension fund to meet the requirements of clause (23FE) of section 10, it must be regulated under foreign law and manage assets for retirement or similar benefits. The fund's assets should primarily serve statutory obligations, with exceptions for government-owned assets. Earnings should not benefit private individuals, except for specific creditor payments. The fund must report Indian investments quarterly and file income returns with compliance certification. The term 'loan and borrowing' aligns with its definition in the relevant tax provision.