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    <title>Central Government specifies the sovereign wealth fund namely, the MIC Redwood 1 RSC Limited, Abu Dhabi, United Arab Emirates - U/s 10(23FE) of Income Tax Act 1961</title>
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    <description>MIC Redwood 1 RSC Limited, Abu Dhabi is specified as a specified person under clause (23FE) of section 10 of the Income tax Act for investments in India up to 31st March, 2030, subject to conditions including timely filing of returns, statutory audit and prescribed audit report, quarterly disclosure in Form II, maintenance of segmented accounts, continued government ownership and Abu Dhabi regulation, earnings credited to the government account, prohibition on borrowings for the purpose of making investments, asset vesting on dissolution, and no participation in day to day operations of investees.</description>
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