Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

University Funds & Endowments exempted from extra disclosures if: <25% Indian equity, >Rs. 10K cr global AUM, non-profit status.

Amendment exempts University Funds and University related Endowments registered or eligible as Category I FPIs from additional disclosure requirements subject to conditions: Indian equity AUM below 25% of global AUM, global AUM exceeding INR 10,000 crore, filing tax return evidencing non-profit status. Eligible jurisdictions specified by SEBI in consultation with Custodians/DDPs Forum. Exemption aims to protect investors, promote securities market development under SEBI Act and FPI Regulations. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates