Clean slate principle extinguishes uncrystallised operational claims and bars continuation of pending recovery and arbitral proceedings after plan app...
Works contract classification governs composite layout-development contracts where VAT-paid goods are transferred alongside construction and infrastru...
Specified income tax exemption for pollution control body remains conditional on non-commercial activity, unchanged income character, and return filin...
This circular mandates mutual funds to disclose expenses, half-yearly returns, and yield separately for direct and regular plans. It introduces a color scheme for the risk-o-meter depicting risk levels. Any change in the risk-o-meter must be communicated to unitholders by displaying the existing and revised risk-o-meters. The provisions aim to enhance transparency, ease investor comprehension, and standardize disclosures across the mutual fund industry.
This circular mandates mutual funds to disclose expenses, half-yearly returns, and yield separately for direct and regular plans. It introduces a color scheme for the risk-o-meter depicting risk levels. Any change in the risk-o-meter must be communicated to unitholders by displaying the existing and revised risk-o-meters. The provisions aim to enhance transparency, ease investor comprehension, and standardize disclosures across the mutual fund industry.
Note: It is a system-generated summary and is for quick reference only.