Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Income-tax Rules Amended: New Guidelines for Infrastructure Debt Funds Issuing Bonds, Effective April 6, 2022, u/rs 2F and 8B.</h1> The Income-tax (8th Amendment) Rules, 2022, effective from April 6, 2022, amend the Income-tax Rules, 1962. Key changes involve rule 2F and rule 8B, focusing on the issuance and regulation of bonds by Infrastructure Debt Funds. These funds can issue rupee or foreign currency bonds and zero coupon bonds, complying with Reserve Bank of India guidelines and specific regulations. Amendments also include procedural updates for applications and certifications, electronic submissions, and data security measures. The amendments aim to streamline processes related to infrastructure capital and debt funds, enhancing regulatory compliance and operational efficiency.