Online bond platforms may offer overseas-regulated products and tax-specific bonds subject to disclosures, compliance safeguards and revised complianc...
Corporate guarantee valuation permits actual ascertainable commission while barring retroactive application and extended-period penalties for bona fid...
Proper-officer jurisdiction under UPGST penalty provisions upheld; participation on merits prevents bypassing the statutory appellate remedy through w...
Transitioned CENVAT credit may validly satisfy mandatory pre-deposit requirements for legacy service tax appeals through Electronic Credit Ledger debi...
Building-plan sanction charges require statutory authority; unauthorised fees and GST were quashed, while labour cess must follow prescribed collectio...
Pure-agent exclusion fails where hotel booking facilitators receive third-party services themselves, making entire customer consideration taxable as r...
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.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4798
Join Channel
TaxTMI 
