Impact of tax breather in Budget 2024 for sovereign wealth funds!
Thu, Feb 1, 2024 2:37 PM

Impact of tax breather in Budget 2024 for sovereign wealth funds!

A Flip by Avya Verma
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In a significant boost for sovereign wealth funds and pension funds like Temasek, Canadian Pension Plan Investment Board (CPPIB), Ontario Teachers Pension Plan and others, the government has extended tax benefits on infra investments by these entities by an additional year to March 31, 2025. These benefits were set to expire on March 31, 2024. The announcement was made by FM.

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