The Madhya Pradesh High Court held that where a party obtains a certified copy of an arbitral award, limitation for an application under Section 34 of the Arbitration and…
Tax Relief for Global Investors: India Extends SWF & PF Investment Deadline to 2030
Update / Judgement Date
06 Feb 2024
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Team — WCP Legal Desk
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1 min read
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India has extended the investment deadline for Sovereign Wealth Funds (SWFs) and Pension Funds (PFs) to 2030, offering tax relief to global investors. This extension aims to attract long-term investments in infrastructure and other key sectors. The move is part of the government's strategy to boost foreign investment and support economic growth. By providing tax exemptions, India aims to position itself as an attractive destination for global capital. This decision is expected to benefit both investors and the Indian economy, fostering development and job creation.