Introducing the βIn Favour Ofβ filter in Case Laws.
- βοΈ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- π Narrow down results with higher precision
Try it now in Case Laws β


Just a moment...
Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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>Amendment Updates Investment Rules: Minimum Percentages for Government Securities, Bonds, and Public Sector Deposits Under Rule 67</h1> The Income-tax (23rd Amendment) Rules, 2005, effective from April 1, 2005, amend the Income-tax Rules, 1962, specifically rule 67, detailing the investment pattern for investible funds. The amendment specifies minimum investment percentages in various securities, including 25% in Central Government securities, 15% in state government securities or guaranteed negotiable securities, and 30% in bonds or term deposits with public sector entities. Trustees can allocate 30% of investments across these categories. Additional provisions allow limited investments in certain company shares and debt instruments, with guidelines for managing investment ratings and tradable portfolios.