Centre extends tax exemption to sovereign wealth funds & pension funds for five years, ETCFO

Centre extends tax exemption to sovereign wealth funds & pension funds for five years, ETCFO

The Centre has prolonged the tax exemption for sovereign wealth funds (SWFs) and pension funds for one more 5 years, permitting such entities to say advantages on eligible investments made in India until March 31, 2030. The Division of Income on Saturday notified the extension, formalising the announcement made within the Union Finances earlier this…

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Solely 3 international manufacturing cos arrange store in India in FY25, ETCFO

Solely 3 international manufacturing cos arrange store in India in FY25, ETCFO

New Delhi: Solely three international manufacturing corporations arrange operations in India in 2024-25 regardless of the federal government’s push to show the nation into a world manufacturing hub, based on knowledge from the Ministry of Company Affairs (MCA). In distinction, within the companies sector, 53 international corporations established operations final fiscal – although that too…

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