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of <h1>Income Tax Exemption for California Public Employees Retirement System Extended to March 2025 u/s 10(23FE).</h1> The Central Government has amended Notification No. 02/2023 to extend the exemption under section 10(23FE) of the Income-tax Act, 1961, for the pension fund known as the California Public Employees Retirement System. The original notification dated 25th January 2023, set the exemption until 31st March 2024. This amendment extends the exemption period to 31st March 2025. The amendment is issued by the Ministry of Finance, Department of Revenue (Central Board of Direct Taxes), and is effective from 1st April 2024 until the publication date in the Official Gazette.
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