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of <h1>Taurus Mutual Fund designated as a specified mutual fund under section 10(23D) of the Income-tax Act, 1961.</h1> The Central Government, exercising its authority under clause (23D) of section 10 of the Income-tax Act, 1961, has officially designated Taurus Mutual Fund as a specified mutual fund. This designation is granted as Taurus Mutual Fund is authorized by the Securities and Exchange Board of India (SEBI) and registered in compliance with the SEBI (Mutual Funds) Regulations, 1993, established under the Securities and Exchange Board of India Act, 1992. This notification, identified as S.O.251(E), was issued on March 24, 1994.
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