Extension of limitation date for income frominvestments made in India in the infrastructure sectorby SWF or PFs
Income from investment in Indian infrastructure by SWFor PFs remains tax-exempt under section 10(23FE). Theinvestment is required to be made on or after 1st April,2020 but on or before 31st March, 2024.
It is proposed that the limitation date of investment byspecified persons be extended to 31st March, 2025.