Govt relaxes Sec 9A eligibility conditions to investment funds set-up by Category I or II FPIs

Aug 05,2017

Government further relaxes eligibility conditions u/s 9A (for not constituting business connection in India) to foreign investment funds carrying out fund management activities in India; Conditions in clauses (e), (f) and (g) of Sec 9A(3) shall not apply in case of an investment fund set up by a Category I or Category-II foreign portfolio inves...

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