Faceless assessment and registration procedures are updated through electronic communication, revised recovery rules, extended deadlines, and replacem...
Risk-based selective vessel boarding requires accurate declarations and preserves master and agent liability where physical inspections are not select...
Permanent-establishment reassessment cannot revisit scrutinised disclosures; extended reopening fails without undisclosed material facts and within st...
The Master Circular for Alternative Investment Funds (AIFs) issued by SEBI consolidates regulatory requirements for AIFs. It supersedes previous circulars and incorporates provisions issued until March 31, 2024. AIFs must also comply with SEBI requirements for market intermediaries. Any prior actions under rescinded circulars are deemed under the new Circular. Trustees/sponsors must ensure compliance and submit a "Compliance Test Report." The Circular is issued u/s 11(1) of the SEBI Act to protect investor interests and regulate the securities market.
The Master Circular for Alternative Investment Funds (AIFs) issued by SEBI consolidates regulatory requirements for AIFs. It supersedes previous circulars and incorporates provisions issued until March 31, 2024. AIFs must also comply with SEBI requirements for market intermediaries. Any prior actions under rescinded circulars are deemed under the new Circular. Trustees/sponsors must ensure compliance and submit a "Compliance Test Report." The Circular is issued u/s 11(1) of the SEBI Act to protect investor interests and regulate the securities market.
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