University Funds & Endowments exempted from extra disclosures if: <25% Indian equity, >Rs. 10K cr global AUM, non-profit status. https://www.taxtmi.com/highlights?id=80017 Amendment exempts University Funds and University related Endowments registered or eligible as Category I FPIs from additional disclosure requirements subject to conditions: Indian equity AUM below 25% of global AUM, global AUM exceeding INR 10,000 crore, filing tax return evidencing non-profit status. Eligible jurisdictions specified by SEBI in consultation with Custodians/DDPs Forum. Exemption aims to protect investors, promote securities market development under SEBI Act and FPI Regulations. en-us Thu, 01 Aug 2024 20:44:30 +0530 Thu, 01 Aug 2024 20:44:30 +0530 TaxTMI RSS Generator University Funds & Endowments exempted from extra disclosures if: <25% Indian equity, >Rs. 10K cr global AUM, non-profit status. https://www.taxtmi.com/highlights?id=80017 Amendment exempts University Funds and University related Endowments registered or eligible as Category I FPIs from additional disclosure requirements subject to conditions: Indian equity AUM below 25% of global AUM, global AUM exceeding INR 10,000 crore, filing tax return evidencing non-profit status. Eligible jurisdictions specified by SEBI in consultation with Custodians/DDPs Forum. Exemption aims to protect investors, promote securities market development under SEBI Act and FPI Regulations. Highlights SEBI Thu, 01 Aug 2024 20:44:30 +0530 https://www.taxtmi.com/highlights?id=80017