https://www.taxtmi.com/acts?id=50462 Amendments to section 10 expand and clarify tax exemptions and definitions to align with the International Financial Services Centre regulatory framework: extending temporal thresholds, requiring certification and compliance for retail schemes and Exchange Traded Funds under IFSC Fund Management rules, adding over the counter derivatives and Foreign Portfolio Investor references, broadening qualifying asset definitions to include ships alongside aircraft, exempting certain IFSC insurance office policy receipts on death, and permitting limited non taxable partial withdrawals from National Pension System Trust accounts for minors subject to pension regulator terms. en-us Tue, 01 Apr 2025 12:51:27 +0530 Wed, 02 Apr 2025 18:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50462 Amendments to section 10 expand and clarify tax exemptions and definitions to align with the International Financial Services Centre regulatory framework: extending temporal thresholds, requiring certification and compliance for retail schemes and Exchange Traded Funds under IFSC Fund Management rules, adding over the counter derivatives and Foreign Portfolio Investor references, broadening qualifying asset definitions to include ships alongside aircraft, exempting certain IFSC insurance office policy receipts on death, and permitting limited non taxable partial withdrawals from National Pension System Trust accounts for minors subject to pension regulator terms. Act-Rules F. Acts / Amendment Acts Tue, 01 Apr 2025 12:51:27 +0530 https://www.taxtmi.com/acts?id=50462