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<h1>Income Tax Act Amendment Extends Exemption for Public Investment Fund to March 31, 2025, u/s 10(23FE.</h1> The Central Government has amended Notification No. 125/2022, extending the exemption period under section 10(23FE) of the Income-tax Act, 1961, for the sovereign wealth fund, Public Investment Fund. The original deadline of 31st March 2024 has been extended to 31st March 2025. This amendment, issued by the Ministry of Finance, Department of Revenue, and the Central Board of Direct Taxes, is effective from 1st April 2024 until the date of publication in the Official Gazette.