Central Government specifies Indbank Invesco (Offshore) Fund, set up under trust deed dated July 31, 1996, by Indian Bank and approved by the Securities and Exchange Board of India as an Offshore Mutual Fund u/s 10(23D)(ii)

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..... rust deed dated July 31, 1996, by Indian Bank and approved by the Securities and Exchange Board of India as an Offshore Mutual Fund u/s 10(23D)(ii) NOTIFICATION NO. S. O. 138 ( E ) DATED 3-3-1999 S.O. 138(E) - In exercise of the powers conferred by sub-clause ( ii ) of clause (23D) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies In .....

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..... in the units of the mutual fund shall be remitted to India through normal banking channels for bank certificate( s ) showing the funds receipts from abroad for investment in the units under the scheme may be submitted to the Reserve Bank of India ; and ( iv ) trustee fees, custodian fees, and other such fees payable to Indbank Merchant Banking Services Limited, a subsidiary of Indian Bank and a .....

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