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<h1>Government Employees Superannuation Board gets tax exemption under section 10(23FE) until March 2030</h1> The Central Government specified the Government Employees Superannuation Board as an eligible pension fund under section 10(23FE) of the Income-tax Act, 1961, for tax exemption on investments made in India from notification date until March 31, 2030. The designation requires compliance with eleven conditions including filing income tax returns, furnishing compliance certificates, maintaining segmented accounts, continuing regulation under Australian law, and ensuring assets serve retirement benefit purposes. The fund must not exceed ten percent asset allocation for non-retirement purposes and cannot participate in daily operations of investees. Violation of any condition renders the entity ineligible for tax exemption.