Tax deduction compliance and payee income recognition govern consultancy disallowance, while no exempt income prevents related expenditure disallowanc...
Derivative abetment liability fails when correctly declared imported components establish no underlying improper importation by the principal importer...
SEBI amends the Foreign Portfolio Investors Regulations, 2019 by revising fee references, registration timing, and remittance mechanics. The regulations will generally commence on the 180th day from publication, while the new First Schedule insertion on date of birth/incorporation details takes effect immediately. Several US dollar fee amounts are replaced with rupee amounts in eligible foreign exchange equivalent, the fee under regulation 3(2) is omitted, and designated depository participants must remit collected INR fees to the Board within five working days of grant of registration or receipt of subsequent fees or late fees.
SEBI amends the Foreign Portfolio Investors Regulations, 2019 by revising fee references, registration timing, and remittance mechanics. The regulations will generally commence on the 180th day from publication, while the new First Schedule insertion on date of birth/incorporation details takes effect immediately. Several US dollar fee amounts are replaced with rupee amounts in eligible foreign exchange equivalent, the fee under regulation 3(2) is omitted, and designated depository participants must remit collected INR fees to the Board within five working days of grant of registration or receipt of subsequent fees or late fees.
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