Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
SEBI mandated mutual funds/AMCs to disclose Information Ratio (IR), a risk-adjusted return metric, on websites along with performance for equity schemes. IR calculation methodology using benchmark returns and standard deviation was prescribed. AMCs/AMFI to undertake investor awareness on IR's significance. Disclosure format with explanation on IR interpretation to be provided by AMFI. Circular effective within 3 months under SEBI Act.
SEBI mandated mutual funds/AMCs to disclose Information Ratio (IR), a risk-adjusted return metric, on websites along with performance for equity schemes. IR calculation methodology using benchmark returns and standard deviation was prescribed. AMCs/AMFI to undertake investor awareness on IR's significance. Disclosure format with explanation on IR interpretation to be provided by AMFI. Circular effective within 3 months under SEBI Act.
Note: It is a system-generated summary and is for quick reference only.