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    <title>Central Government specifies the sovereign wealth fund, namely, the Stretford End Investment Pte. Ltd.</title>
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    <description>Stretford End Investment Pte. Ltd. is specified as a sovereign wealth fund eligible for exemption under clause (23FE) of section 10 provided it remains owned and controlled by the Government of Singapore, is regulated under Singapore law, credits earnings to government designated accounts, maintains segmented accounts, files timely returns, undergoes prescribed audits with the annexed audit report, furnishes quarterly Form II investment statements, avoids loans/borrowings for Indian investments, does not participate in investee day to day operations, and complies with the notification&#039;s conditions or risk losing the exemption.</description>
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