Approved resolution plans extinguish unsubmitted pre-approval tax claims, preventing later recovery outside the insolvency process and preserving a cl...
Transfer pricing comparability requires functional alignment and permits working capital adjustment, while APA margins cannot govern non-covered years...
Treaty benefit, goodwill depreciation and hedging costs: export commission disallowed, while key business deductions and depreciation claims succeeded...
Undisclosed foreign asset classification requires an unexplained source; unrebutted affidavits and corroborative evidence defeated the Black Money Act...
SEBI specifies that a benchmark or index based on listed securities will be treated as a 'Significant Index' where the daily average cumulative mutual fund AUM tracking it exceeds Rs. 20,000 crore for each of the preceding six months, reviewed every 30 June and 31 December. An index placed on the list remains there until it fails the threshold for three continuous years. Index providers of listed Significant Indices must apply for registration with SEBI within six months, unless all such indices are RBI-notified Significant Benchmarks or Authorized Benchmarks. Existing providers may continue for six months pending registration, and entities also carrying on other SEBI-registered business must create a separate legal entity within two years. Grievance redressal applies only to Significant Indices provided by SEBI-registered index providers.
SEBI specifies that a benchmark or index based on listed securities will be treated as a 'Significant Index' where the daily average cumulative mutual fund AUM tracking it exceeds Rs. 20,000 crore for each of the preceding six months, reviewed every 30 June and 31 December. An index placed on the list remains there until it fails the threshold for three continuous years. Index providers of listed Significant Indices must apply for registration with SEBI within six months, unless all such indices are RBI-notified Significant Benchmarks or Authorized Benchmarks. Existing providers may continue for six months pending registration, and entities also carrying on other SEBI-registered business must create a separate legal entity within two years. Grievance redressal applies only to Significant Indices provided by SEBI-registered index providers.
Note: It is a system-generated summary and is for quick reference only.
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