Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
SEBI introduced a new framework for Mutual Fund Lite (MF Lite) schemes, allowing launch of passive funds tracking specified equity and debt indices. Key provisions include sponsor lock-in, networth and compliance requirements for MF Lite AMCs. Existing AMCs can hive off passive schemes to a separate MF Lite entity. Simplified disclosures, reduced trustee oversight, and relaxations in certain norms are permitted for passive schemes. Hybrid passive funds investing in equity and debt indices, close-ended debt passive funds based on target maturity indices, and disclosure of debt index replication factor are also introduced.
SEBI introduced a new framework for Mutual Fund Lite (MF Lite) schemes, allowing launch of passive funds tracking specified equity and debt indices. Key provisions include sponsor lock-in, networth and compliance requirements for MF Lite AMCs. Existing AMCs can hive off passive schemes to a separate MF Lite entity. Simplified disclosures, reduced trustee oversight, and relaxations in certain norms are permitted for passive schemes. Hybrid passive funds investing in equity and debt indices, close-ended debt passive funds based on target maturity indices, and disclosure of debt index replication factor are also introduced.
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