comparemela.com

Latest Breaking News On - Rajeshh gandhi - Page 1 : comparemela.com

Business News: Fresh tax notices to FPIs over capital gains

Fresh tax notices to FPIs over capital gains : Rashtra News The I-T department has asked multiple foreign portfolio investors (FPIs) to cough up more taxes on their capital gains after denying set-off and tax treaty benefits, people aware of the development said. The notices were issued by the Centralised Processing Centre (CPC) of the

FPIs: Sebi may offer FPIs relief on stricter disclosures

The board may also discuss another proposal to allow alternative investment funds (AIFs) to pledge their shares in infrastructure sector investee companies in a bid to allow these investment vehicles to engage in leverage.

I-T dept sends notice to Mauritius-based PEs: Report

The Income Tax department has sought details of board meetings, dealer agreements, addresses of directors and names of beneficiaries from several Mauritius-based private equity funds.

Foreign FIs halt plans to set up investment firms within IFSCs

Foreign FIs halt plans to set up investment firms within IFSCs SECTIONS Share Synopsis A European fund that was looking to set up a base in India via IFSC stumbled into a roadblock after its legal advisors pointed out that India doesn’t have trade treaties in place with several counties. Agencies The entity is now setting up an India-focused fund with a pooling vehicle being set up in Luxemburg, a person with direct knowledge of the matter told ET. Several foreign financial institutions looking to set up investment entities in Indian International Financial Services Centres (IFSCs) have hit the pause button pending negotiations of India’s terminated bilateral trade agreements with 58 countries even as Indian funds are exploring opportunities in these centres.

Light touch regulations, additional leeway for fund managers, ring-fencing liability on the anvil for VCC structure in IFSC

›Light touch regulations, additional leeway for fund managers, ring-fencing liability on the anvil for VCC structure in IFSC Light touch regulations, additional leeway for fund managers, ring-fencing liability on the anvil for VCC structure in IFSC SECTIONS Light touch regulations, additional leeway for fund managers, ring-fencing liability on the anvil for VCC structure in IFSCBy Share Synopsis A committee set up by the International Financial Services Centre (IFSC) on Variable Capital Company (VCC) has recommended light touch regulations , extending additional facilities to fund managers and a separate regulatory framework among other things, according to people close to the development. Shutterstock.com

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.