Sovereign Wealth Funds and Pension Funds: One step away from tax exemption
Wed, Feb 28, 2024 11:36 AM

Sovereign Wealth Funds and Pension Funds: One step away from tax exemption

A Flip by Avya Verma
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By Hiren Shah and Alpa Shah  Bauvard once said "Every culture has some ritual for joining two people together and making them stay that way, and ours is giving tax breaks." However, that tax benefit or tax break should be done with much clarity to avoid any uncertainty. One such clarity is required for exemption claims by sovereign wealth funds and pension funds under section 10(23)(FE).

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