PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
A regulatory authority has rescinded provisions allowing asset management companies to pay transaction charges to mutual fund distributors for investments above a specified minimum amount. Following public and industry consultations, the authority determined that such charges or commissions are no longer permissible, resulting in the deletion of the relevant paragraphs from the governing master circular. This change is effective immediately and aims to protect investor interests and regulate the securities market under the authority's statutory powers.
A regulatory authority has rescinded provisions allowing asset management companies to pay transaction charges to mutual fund distributors for investments above a specified minimum amount. Following public and industry consultations, the authority determined that such charges or commissions are no longer permissible, resulting in the deletion of the relevant paragraphs from the governing master circular. This change is effective immediately and aims to protect investor interests and regulate the securities market under the authority's statutory powers.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4827 
Join Channel 
