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    <title>Amendment of section 10.</title>
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    <description>The amendments add targeted exemptions in section 10: interest on rupee-denominated bonds paid to non-residents for a specified historical period is exempt; income of a specified fund from transfers on a recognised IFSC stock exchange for units held by non-residents in convertible foreign exchange is exempt, with defined terms for convertible foreign exchange, manager, sponsor, specified fund, trust and unit; and related amendments adjust exemption percentages, extend interest exemptions for IFSC units borrowing funds, and tighten compliance and genuineness conditions for institutional exemptions.</description>
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      <description>The amendments add targeted exemptions in section 10: interest on rupee-denominated bonds paid to non-residents for a specified historical period is exempt; income of a specified fund from transfers on a recognised IFSC stock exchange for units held by non-residents in convertible foreign exchange is exempt, with defined terms for convertible foreign exchange, manager, sponsor, specified fund, trust and unit; and related amendments adjust exemption percentages, extend interest exemptions for IFSC units borrowing funds, and tighten compliance and genuineness conditions for institutional exemptions.</description>
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