Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Finance Act 2025 Extends Tax Benefits for International Financial Services Centres to 2030 Under Section 10</h1> The Finance Act, 2025 amends section 10 of the Income-tax Act with several key changes. It extends tax benefits for various International Financial Services Centre schemes from 2025 to 2030, modifies conditions for retail schemes and Exchange Traded Funds, and expands provisions regarding offshore derivative instruments. The amendment broadens exemptions for aircraft to include ships, with extended timeframes until 2030. It clarifies life insurance policy exemptions, introduces provisions for National Pension System withdrawals by parents of minors effective April 2026, and modifies capital gains treatment. The amendment also phases out certain income exemptions after April 2026.