https://www.taxtmi.com/news?id=16205 A special tax regime for offshore funds with fund managers in India was implemented by statute and rules, with application of the regime contingent on adherence to notified rules and forms. Rule-based implementing provisions establish an administrative approval process: funds must apply to the Member (Income tax), CBDT, and a Board constituted Committee of senior international taxation and transfer pricing officials reviews applications and recommends whether approval should be granted and on what conditions. en-us Mon, 23 May 2016 17:53:45 +0530 Mon, 23 May 2016 17:53:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16205 A special tax regime for offshore funds with fund managers in India was implemented by statute and rules, with application of the regime contingent on adherence to notified rules and forms. Rule-based implementing provisions establish an administrative approval process: funds must apply to the Member (Income tax), CBDT, and a Board constituted Committee of senior international taxation and transfer pricing officials reviews applications and recommends whether approval should be granted and on what conditions. News - Mon, 23 May 2016 17:53:45 +0530 https://www.taxtmi.com/news?id=16205