9911796707
TMI BlogCabinet approves alternative mechanism for creation and launch of a New Exchange Traded FundX X X X Extracts X X X X X X X X Extracts X X X X ..... Cabinet approves alternative mechanism for creation and launch of a New Exchange Traded Fund - News and Press Release Dated:- 20-7-2017 - News - The Cabinet Committee on Economic Affairs, chaired by ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the Prime Minister Shri Narendra Modi has authorized the Alternative Mechanism on the following: i. To take decision for divestment through Exchange Traded Fund (ETF) out of all the listed CPSEs i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ncluding CPSEs listed subsequently subject to GoI retaining 51% in these CPSEs; ii. To take decision on the divestment in respect of Public Sector Banks, other listed Public Sector Financial Instit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... utions and Public Sector Insurance Companies (when listed) through ETF or other methods subject to GoI retaining 52%; and iii. To take decision on matters related to divestment through ETF like con ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... stitution of ETF portfolio; the price/net asset value at which share of listed companies forming the ETF basket will be placed by the Govt. for divestment at the disposal of the ETF provider (AMC); th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e incentive structure for investors - upfront discount, loyalty bonus etc.; and any other aspect of pricing and the mode of disinvestment as required to be taken by the Government. - News - Press r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... elease - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
