Singapore legislation
Regulation 2
of Income Tax (Exemption of Foreign Income) (No. 6) Order 2012
Regulation 2
Exemption
Subregulation 1
Fortis Global Healthcare Infrastructure Pte Ltd is hereby granted exemption from tax on interest derived in India from investments made in compulsory convertible debentures issued by the entities listed in the Schedule, and received in Singapore on or after 26th September 2012.
Subregulation 2
The exemption under sub-paragraph (1) is subject to the terms and conditions specified in the letter of approval dated 26th September 2012 addressed to the tax agent of Fortis Global Healthcare Infrastructure Pte Ltd.