Tuesday, November 3, 2020

Central Govt. specifies the MIC Redwood 1 RSC Limited as Sovereign Wealth Fund for Abu Dhabi [Read Notification]

Central Government - MIC Redwood - RSC Limited - sovereign wealth fund - Abu Dhabi - taxscanThe Central Board of Direct Taxes (CBDT) specified the MIC Redwood 1 RSC Limited as sovereign wealth fund for Abu Dhabi, United Arab Emirates. The decision of the central government to grant 100% tax exemptions for sovereign wealth funds for their investments in the infrastructure sector with the objective to give a boost to the […]

from Taxscan | Simplifying Tax Laws https://ift.tt/3mQest4

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