VALIDATION OF THE CENTRAL CIVIL SERVICES (PENSION) RULES AND PRINCIPLES FOR EXPENDITURE ON PENSION LIABILITES FROM THE CONSOLIDATED FUND OF INDIA - Finance Act, 2025
VALIDATION OF THE CENTRAL CIVIL SERVICES (PENSION) RULES AND PRINCIPLES FOR EXPENDITURE ON PENSION LIABILITES FROM THE CONSOLIDATED FUND OF INDIA - Finance 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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