VALIDATION OF THE CENTRAL CIVIL SERVICES (PENSION) RULES AND PRINCIPLES FOR EXPENDITURE ON PENSION LIABILITES FROM THE CONSOLIDATED FUND OF INDIAFinance Act, 2025
VALIDATION OF THE CENTRAL CIVIL SERVICES (PENSION) RULES AND PRINCIPLES FOR EXPENDITURE ON PENSION LIABILITES FROM THE CONSOLIDATED FUND OF INDIAFinance Act, 2025
Crypto-asset definition added, treating distributed ledger-based digital representations of value as captured within tax definitions. Amendments to section 2 revise definitions: securities held by Foreign Institutional Investors and specified investment funds are recognised when invested ... Summary
Crypto-asset definition added, treating distributed ledger-based digital representations of value as captured within tax definitions.
Amendments to section 2 revise definitions: securities held by Foreign Institutional Investors and specified investment funds are recognised when invested under SEBI or IFSC regulations; clause (22) adds intra-group advances or loans where one party is a Finance Company or Finance Unit and the parent or principal is listed abroad, with Finance Company/Unit meanings drawn from IFSC regulations and a requirement that they operate as global or regional corporate treasury centres; clause (47A) adds a definition of crypto-asset as a digital representation of value secured by a cryptographically secured distributed ledger or similar technology.
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