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...
Regulator amends adviser rules to permit registered investment advisers to provide a "second opinion" on client assets held under pre-existing distribution arrangements and to charge AUA-based fees on those assets up to 2.5% per annum, provided advisers annually disclose and obtain client consent that distributor charges on those assets will continue to apply. The amendment revises the master circular clause that previously required deduction of such assets from AUA for fee purposes; the change is effective immediately and is issued under the regulator's statutory powers to protect investors and regulate the securities market.
Regulator amends adviser rules to permit registered investment advisers to provide a "second opinion" on client assets held under pre-existing distribution arrangements and to charge AUA-based fees on those assets up to 2.5% per annum, provided advisers annually disclose and obtain client consent that distributor charges on those assets will continue to apply. The amendment revises the master circular clause that previously required deduction of such assets from AUA for fee purposes; the change is effective immediately and is issued under the regulator's statutory powers to protect investors and regulate the securities market.
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