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...
Prescribes an eligibility criterion under the AIF Regulations requiring the Compliance Officer of the Manager of an AIF to obtain NISM Series-III-C: Securities Intermediaries Compliance (Fund) certification by passing the specified examination, with managers required from 1 January 2027 to appoint or retain only certified persons as Compliance Officers, thereby rendering uncertified persons ineligible to be appointed or to continue in that role from that date. Requires the trustee/sponsor/manager, as applicable, to ensure that the manager's Compliance Test Report includes confirmation of compliance with this certification requirement, thereby incorporating this obligation into the periodic compliance reporting framework.
Prescribes an eligibility criterion under the AIF Regulations requiring the Compliance Officer of the Manager of an AIF to obtain NISM Series-III-C: Securities Intermediaries Compliance (Fund) certification by passing the specified examination, with managers required from 1 January 2027 to appoint or retain only certified persons as Compliance Officers, thereby rendering uncertified persons ineligible to be appointed or to continue in that role from that date. Requires the trustee/sponsor/manager, as applicable, to ensure that the manager's Compliance Test Report includes confirmation of compliance with this certification requirement, thereby incorporating this obligation into the periodic compliance reporting framework.
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