Extension of exemption under income-tax provision prolongs pension fund's exemption period to 31 March 2025. The Central Government's Notification No. 74/2024 dated 18 July 2024 amends the principal notification of 16 September 2021 by substituting '31st day of March, 2024' with '31st day of March, 2025', thereby extending the exemption period under section 10(23FE) for the specified pension fund, subject to an exception for acts or omissions occurring on and from 1 April 2024 until publication.
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Extension of exemption under income-tax provision prolongs pension fund's exemption period to 31 March 2025.
The Central Government's Notification No. 74/2024 dated 18 July 2024 amends the principal notification of 16 September 2021 by substituting "31st day of March, 2024" with "31st day of March, 2025", thereby extending the exemption period under section 10(23FE) for the specified pension fund, subject to an exception for acts or omissions occurring on and from 1 April 2024 until publication.
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