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>Government grants pension fund tax exemption under Section 10(23FE) until March 2030 with eleven compliance conditions</h1> The Central Government specified a pension fund as an eligible entity for tax exemption under Section 10(23FE) of the Income Tax Act, 1961, for investments made in India until March 31, 2030. The notification establishes eleven conditions including filing annual returns with Form 10BBC certificates, quarterly reporting via Form 10BBB, maintaining segmented accounts, continuing regulation under Quebec law, and restricting asset usage to statutory pension obligations. The entity must avoid borrowing for Indian investments and cannot participate in investee daily operations. Violation of any condition renders the entity ineligible for tax exemption.