https://www.taxtmi.com/article/detailed?id=13191 The International Financial Services Centre Authority (Informal Guidance) Scheme, 2024, effective 01.01.2025, establishes a process for eligible persons to seek No action letters or Interpretative letters on matters administered by the Authority. Applications must be filed electronically, disclose all material facts and applicable legal provisions, and demonstrate the link to the applicant's IFSC activity; a fee is payable, departments may request further information, and applications are to be disposed within 30 days excluding applicant response time. Departmental guidance is non appealable, non binding on the Authority, and may be set aside if obtained by fraud. en-us Mon, 09 Dec 2024 11:31:31 +0530 Mon, 09 Dec 2024 11:31:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13191 The International Financial Services Centre Authority (Informal Guidance) Scheme, 2024, effective 01.01.2025, establishes a process for eligible persons to seek No action letters or Interpretative letters on matters administered by the Authority. Applications must be filed electronically, disclose all material facts and applicable legal provisions, and demonstrate the link to the applicant's IFSC activity; a fee is payable, departments may request further information, and applications are to be disposed within 30 days excluding applicant response time. Departmental guidance is non appealable, non binding on the Authority, and may be set aside if obtained by fraud. Articles Other Topics Mon, 09 Dec 2024 11:31:31 +0530 https://www.taxtmi.com/article/detailed?id=13191