Introduction The Public Investment Fund (PIF) and its wholly owned subsidiaries, moreover, will now be explicitly named in the exemption section, thereby ensuring legal certainty and simultaneously encouraging long-term global investment. Consequently, this clarification not only boosts investor confidence but also guarantees smoother regulatory interpretation for future projects. Impact As a result, this reform will significantly increase foreign capital inflows, while it will also strengthen India’s infrastructure. Furthermore, it will align seamlessly with the government’s ambitious “Make in India” initiative as well as its “Viksit Bharat 2047” vision, thereby reinforcing…
Four Critical Changes in Income Tax Act: Standard Deduction, UPS, Income Tax Search, and Other Changes to be Applicable in FY 2025-26
