Proof of foreign public documents requires originals or certified diplomatic/notarial copies; inspection must occur in-magna presence and cross-examin...
Prior Sanction Requirement: absence of prescribed approval invalidates reassessment notice; limitation also bars notice if escaped income below thresh...
Eligibility for exemption depends on strict construction of the product description; reapers without binder are ineligible, but confiscation and penal...
FPIs may net fund obligations for outright cash-market transactions, meaning only a purchase or only a sale in a settlement cycle, while mixed purchase-and-sale trades remain settled on a gross basis. Securities settlement between the FPI and custodian continues on a gross basis, and STT and stamp duty remain chargeable on delivery basis. The earlier Master Circular framework is modified to that extent, implementation standards are to be framed by custodians and the CDSSF after stakeholder consultation, and market participants must update systems by 31 December 2026.
FPIs may net fund obligations for outright cash-market transactions, meaning only a purchase or only a sale in a settlement cycle, while mixed purchase-and-sale trades remain settled on a gross basis. Securities settlement between the FPI and custodian continues on a gross basis, and STT and stamp duty remain chargeable on delivery basis. The earlier Master Circular framework is modified to that extent, implementation standards are to be framed by custodians and the CDSSF after stakeholder consultation, and market participants must update systems by 31 December 2026.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4811 
Join Channel 
