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TMI BlogServices by the intermediariesX X X X Extracts X X X X X X X X Extracts X X X X ..... d person to a stock broker; (b) authorised person to a member of a commodity exchange; (c) mutual fund agent to a mutual fund or asset management company; (d) distributor to a mutual fund or asset management company; (e) selling or marketing agent of lottery tickets to a distributer or a selling agent (f) selling agent or a distributer of SIM cards or rechar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pany, in a rural area (h) sub-contractor providing services by way of works contract to another contractor providing works contract services which are exempt; Amending notes w.e.f. 1.4.2015 : Exemptions have been withdrawn on the following services: (a) services provided by a mutual fund agent to a mutual fund or assets management company, (b) distributor to a mutual fund o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... count opening, cash deposits, cash withdrawals, obtaining e-life certificate, Aadhar seeding; (ga) any person as an intermediary to a business facilitator or a business correspondent with respect to services mentioned in clause (g); (gb) business facilitator or a business correspondent to an insurance company in a rural area (h) sub-contractor providing services by way of wor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or Definitions: (ga) Basic Savings Bank Deposit Account means a Basic Savings Bank Deposit Account opened under the guidelines issued by Reserve Bank of India relating thereto; (b) in clause (k), in sub-clause (ii), for the words religion or spirituality, the words religion, spirituality or yoga shall be substituted (i) business facilitator or business correspondent means ..... X X X X Extracts X X X X X X X X Extracts X X X X
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