IFSC business safeguarding conditions prohibit establishment through splitting, reconstruction, or reorganisation of existing Indian businesses. IFSC business establishment requires each applicant to ensure that its business is not set up through the splitting up, reconstruction, or reorganisation ... Summary
International Financial Services Centres Authority (Book-Keeping, Accounting, Taxation and Financial Crime Compliance Services) Regulations, 2024
IFSC business safeguarding conditions prohibit establishment through splitting, reconstruction, or reorganisation of existing Indian businesses.
IFSC business establishment requires each applicant to ensure that its business is not set up through the splitting up, reconstruction, or reorganisation of a business already in existence in India. Determination of whether an arrangement involves such splitting up, reconstruction, or reorganisation must follow the requirements prescribed in Part A of the First Schedule.
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