Specialized Investment Fund distribution now requires dedicated certification, while transitional recognition preserves existing qualified distributor...
Overlapping GST proceedings require Central and State authorities to designate one competent authority for coordinated adjudication of the same matter...
Composite healthcare supplies retain exemption when patient care is the contract's essential character, despite payment through an implementing agency...
Receipt of immovable property requires actual possession or enjoyment; redevelopment allotments exchanged for tenancy rights fall outside deemed incom...
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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