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    <title>Exemption for Government Securities - Income-tax (Amendment) Ordinance, 2026</title>
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    <description>The Income-tax (Amendment) Ordinance, 2026 inserts new entries 13D and 13E in Schedule IV of the Income-tax Act, 2025 to extend targeted exemptions to Foreign Institutional Investors (FIIs) and the Bank for International Settlements (BIS). The exemptions apply to interest on Government securities and to capital gains arising from their sale, exchange, or transfer, where such income accrues to FIIs or BIS, subject to furnishing prescribed information in the manner notified by the authorities. The ordinance is stated to operate retrospectively from 1 April 2026.</description>
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      <title>Exemption for Government Securities - Income-tax (Amendment) Ordinance, 2026</title>
      <link>https://www.taxtmi.com/article/detailed?id=16605</link>
      <description>The Income-tax (Amendment) Ordinance, 2026 inserts new entries 13D and 13E in Schedule IV of the Income-tax Act, 2025 to extend targeted exemptions to Foreign Institutional Investors (FIIs) and the Bank for International Settlements (BIS). The exemptions apply to interest on Government securities and to capital gains arising from their sale, exchange, or transfer, where such income accrues to FIIs or BIS, subject to furnishing prescribed information in the manner notified by the authorities. The ordinance is stated to operate retrospectively from 1 April 2026.</description>
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