Reassessment and fee-for-technical-services classification: reopening upheld, but certain reimbursements and mobilization charges fell outside treaty ...
Section 80P deduction for co-operative societies remains available despite nominal members and housing society status, with limited interest income tr...
SEBI amended the Foreign Venture Capital Investors Regulations to revise registration and fee mechanics. The Second Schedule now replaces specified US dollar fee amounts with rupee amounts expressed in eligible foreign exchange equivalent, shifts payment timing to before grant of registration where applicable, and changes the remittance timeline for designated depository participants. DDPs must remit fees collected from foreign venture capital investors to SEBI within five working days of grant of initial registration, or within five working days of receipt of renewal or late fees, together with prescribed details. The amendments take effect on the 180th day after publication.
SEBI amended the Foreign Venture Capital Investors Regulations to revise registration and fee mechanics. The Second Schedule now replaces specified US dollar fee amounts with rupee amounts expressed in eligible foreign exchange equivalent, shifts payment timing to before grant of registration where applicable, and changes the remittance timeline for designated depository participants. DDPs must remit fees collected from foreign venture capital investors to SEBI within five working days of grant of initial registration, or within five working days of receipt of renewal or late fees, together with prescribed details. The amendments take effect on the 180th day after publication.
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