The Central Board of Indirect Taxes on 18th July, 2023 has issued the Income-tax (Thirteenth Amendment) Rules, 2023. The amendment provides that the receipt of following property need not be reported under the head of “Income from other sources”:
“Any movable property, being shares or units or interest in the resultant fund received by the fund management entity of the resultant fund, in lieu of shares or units or interest held by the investment manager entity in the original fund”.
The ANI stakeholders are Points of Presence (Bank and Non-Bank), Central Record Keeping Agencies, Trustee Banks, Custodians, Aggregators, Annuity Service Providers, Pension Agents, Retirement Advisors,
e-NAM is a demand-driven scheme. The integration of mandis under the e-NAM platform is based on proposals received from State Governments/Union Territories, reflecting their demand
Based on the comments and counter-comments received from stakeholders in the consultation process, and on its own analysis, TRAI has finalized the Recommendations on Assignment
The Government of India launched the IndiaAI Mission on March 7th, 2024, to bolster India’s global leadership in AI and democratize the benefits of AI
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