https://www.taxtmi.com/acts?id=51797 Conditions for excluding a foreign investment vehicle from constituting a business connection in India require the fund to be non resident, domiciled in a treaty or notified jurisdiction, maintain aggregate Indian participation below five percent with startup and cure exceptions, be subject to investor protection regulation, have minimum membership and limits on member concentration and single entity exposure, maintain a prescribed corpus, avoid conducting or managing business in India, pay prescribed remuneration to an eligible fund manager, and file an annual compliance statement; eligible fund managers must be independent, registered under specified regulations, act in ordinary course, and have capped profit entitlement. en-us Thu, 14 Aug 2025 12:22:23 +0530 Wed, 18 Mar 2026 15:20:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51797 Conditions for excluding a foreign investment vehicle from constituting a business connection in India require the fund to be non resident, domiciled in a treaty or notified jurisdiction, maintain aggregate Indian participation below five percent with startup and cure exceptions, be subject to investor protection regulation, have minimum membership and limits on member concentration and single entity exposure, maintain a prescribed corpus, avoid conducting or managing business in India, pay prescribed remuneration to an eligible fund manager, and file an annual compliance statement; eligible fund managers must be independent, registered under specified regulations, act in ordinary course, and have capped profit entitlement. Act-Rules Income Tax Thu, 14 Aug 2025 12:22:23 +0530 https://www.taxtmi.com/acts?id=51797