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...
A regulatory authority has rescinded provisions allowing asset management companies to pay transaction charges to mutual fund distributors for investments above a specified minimum amount.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A regulatory authority has rescinded provisions allowing asset management companies to pay transaction charges to mutual fund distributors for investments above a specified minimum amount.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 4828 
Join Channel 
