TaxTMI 
TaxTMI 
Definitions
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....ed accordingly: - (i). "Act" means the International Financial Services Centres Authority Act, 2019 (50 of 2019); (ii). "Ancillary Services" means those services which, directly or indirectly, aid, help or assist in making arrangements for carrying on any of the financial services listed in sub-clauses (i) to (xi) of clause (e) of sub- section (1) of section 3 of the Act; ....
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....their combined strength and have uniform policies, technology and collaterals, and showcase themselves as one big unit, with one lead firm acting on behalf of the member-firms. (v). "Inspecting Authority" means one or more persons appointed by the Authority to undertake inspection of a TechFin and Ancillary Service Provider; (vi). "Intermediaries", for the purposes of these regul....
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....Centre (IFSC)" shall have the same meaning as assigned to it under clause (g) of sub-section (1) of Section 3 of the Act; (viii). "Non-resident" means a 'person resident outside India' as defined under the Foreign Exchange Management Act, 1999 (42 of 1999) and shall also include financial institutions in an International Financial Service Centre; (ix). "Resident" means a 'person ....
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.... (Banking) Regulations, 2020, as amended from time to time; (xiii). "TechFin and Ancillary Service Provider" means an entity which has been granted registration under these regulations for providing one or more of the Ancillary Services or TechFin Services, specified in the First and Second Schedule, respectively, directly or indirectly, to aid, help or assist in making arrangements for c....