https://www.taxtmi.com/acts?id=43501 Regulation 17I allows an employee benefit trust to receive InvIT units where the investment manager takes management fees in units, shareholders or the investment manager transfer units as irrevocable, gratuitous gifts, and prohibits subordinate units from participation; cash and exercise proceeds held by the trust may be used to acquire units from secondary market or fresh issuances for the employee benefit scheme, and primary market subscriptions are subject to minimum lot rules with narrow exceptions for privately placed unit vesting and off-market odd-lot sales by employees. en-us Wed, 17 Jul 2024 12:12:03 +0530 Tue, 27 Aug 2024 12:21:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=43501 Regulation 17I allows an employee benefit trust to receive InvIT units where the investment manager takes management fees in units, shareholders or the investment manager transfer units as irrevocable, gratuitous gifts, and prohibits subordinate units from participation; cash and exercise proceeds held by the trust may be used to acquire units from secondary market or fresh issuances for the employee benefit scheme, and primary market subscriptions are subject to minimum lot rules with narrow exceptions for privately placed unit vesting and off-market odd-lot sales by employees. Act-Rules SEBI Wed, 17 Jul 2024 12:12:03 +0530 https://www.taxtmi.com/acts?id=43501