Relief to legacy PE investments as Govt affirms GAAR grandfathering
- Posted on April 1, 2026
- By Financial Express
- 4 Views
Relief to legacy PE investments as Govt affirms GAAR grandfathering
The CBDT has amended Income-tax Rules to explicitly exempt capital gains on investments made before April 1, 2017, from GAAR, providing crucial relief to PE/VC firms following the Tiger Global ruling.