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
Resultant fund definition updated to require IFSC location, specified AIF/ETF registration, and applicable regulatory regimes. The amendment redefines resultant fund as a trust, company or LLP established in India located in an International Financial Services Centre, holding a ... Summary
Resultant fund definition updated to require IFSC location, specified AIF/ETF registration, and applicable regulatory regimes.
The amendment redefines resultant fund as a trust, company or LLP established in India located in an International Financial Services Centre, holding a certificate as Category I/II/III Alternative Investment Fund or as a retail scheme or Exchange Traded Fund, and regulated under the SEBI (Alternative Investment Funds) Regulations, 2012 or the IFSCA (Fund Management) Regulations, 2022; it also substitutes later figures for an earlier referenced year in the Explanation to clause (viiad) of section 47.
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