8 July 2024

Search Results for Tag : manager

Notifications & Circulars

Income Tax Rules on Fund Manager regime(15.03.2016)

The Central Board of Direct Taxes released the Income-Tax (5th Amendment) Rules, 2016 providing guidelines for the application of Section 9A of the In.....

Tags : Fund manager, offshore, income tax


CBDT issues draft notification seeking inputs for framing of rules with respect to Fund Manager Regime under Section 9A of the I.T. Act, 1961(05.12.2019)

Section 9A of the Income-tax Act, 1961 (the Act) provides for a special taxation regime in respect of certain offshore funds in the context of their f.....

Tags : Notification, Issuance, Fund Manager Regime



Kerala HC Annuls Appointment of General Manager of KMRL on Minimum Age Requirement(25.04.2022)

Kerala High Court has annulled the appointment of Nireesh C, the General Manager of Kochi Metro Rail Limited (KMRL), (marketing, alternative revenue a.....

Tags : Kerala High Court, General Manager of KMRL, Minimum Age Requirement


Bombay HC Grants Anticipatory Bail to School Manager Booked for Rape(12.10.2020)

Bombay High Court has granted Anticipatory bail to a school manager booked for allegedly raping a lady observing that in the First Information Report .....

Tags : Bombay High Court, Anticipatory Bail to School Manager


Allahabad HC: Writ of Mandamus Cannot be Issued to a Private Body(14.01.2021)

Allahabad High Court in Arif Khan v. Branch Manager Mahindra Finance Sultanpur & Another, observed that writ of Mandamus cannot be issued to a private.....

Tags : Allahabad High Court, Arif Khan v. Branch Manager Mahindra Finance Sultanpur & Another


Sebi Allows Mutual Funds & Portfolio Managers to Invest in Securities Listed in IFSC(29.05.2017)

Sebi has allowed portfolio manager operating in IFSC to invest in securities listed in IFSC, issued by companies incorporated in IFSC, issued by compa.....

Tags : Sebi, Mutual Funds & Portfolio Managers, IFSC


CCI Approves Pramerica's Acquisition of Deutsche MF Business(10.11.2015)

Competition Commission of India (CCI) has approved acquisition of Deutsche Bank's asset management business in India by global fund house Pramerica As.....

Tags : Competition Commission of India , Deutsche MF Business, Pramerica Asset Managers Pvt Ltd.


SC: Hindu Widow Can Be Manager of Joint Family(18.12.2015)

Supreme Court while deciding a property dispute between cousins of a family in Uttar Pradesh in a suit filed in 1978 in favour of mother who bought pr.....

Tags : Supreme Court , Hindu Widow , Manager , Joint Family


Procedure for seeking prior approval for change in control of Portfolio Managers(02.06.2022)

1. Regulation 11(aa) of SEBI (Portfolio Managers) Regulations, 2020 provides that a Portfolio Manager shall obtain prior approval of SEBI in case of c.....

Tags : Procedure, Prior approval, Portfolio Managers


Cyber Security and Cyber Resilience framework for Portfolio Managers(29.03.2023)

1. With rapid technological advancement in the securities market, there is a greater need for maintaining robust cyber security and to have a cyber- r.....

Tags : Cyber Security, Cyber Resilience, Portfolio Managers


I-T Department Notifies Rules Relaxing Norms on Foreign Fund Managers(17.03.2016)

Income-Tax Department has notified rules relaxing certain earlier conditions governing foreign fund managers in a bid to encourage them to move to Ind.....

Tags : Income-Tax Department , foreign fund managers


Govt. Eases Salary Reporting Norms(05.07.2016)

Govt. has notified Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2016 and simplified salary reporting requirements.....

Tags : Govt. , Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2016


CESTAT, New Delhi Upholds Penalty Against Sales Managers for Evading Customs Duty(26.02.2020)

Customs Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi has upheld the order of the Commissioner of Inland Container Depot, wherein pena.....

Tags : Customs Excise and Service Tax Appellate Tribunal, Penalty Against Sales Managers


Supreme Court Asks States to Appoint Managers to Unclog Courts(06.08.2018)

Supreme Court has ordered state chief secretaries to form panels which would ensure that each district court would have a manager armed with an MBA de.....

Tags : Supreme Court, Managers


Operating Guidelines for Portfolio Managers in International Financial Services Centre(09.09.2020)

1. SEBI has issued SEBI (International Financial Services Centres) Guidelines, 2015 (hereinafter referred to as 'IFSC Guidelines') on March 27, 2015 f.....

Tags : Operating Guidelines, Portfolio Managers, IFSC


Procedure for seeking prior approval for change in control of SEBI registered Portfolio Managers(12.05.2021)

1. Regulation 11 of the SEBI (Portfolio Managers) Regulations, 2020 prescribes the conditions of registration as a Portfolio Manager. Vide SEBI (Portf.....

Tags : Procedure, Prior approval, Portfolio Managers


Participation of Portfolio Managers in Commodity Derivatives Market in India(22.05.2019)

1. In order to promote institutional participation in the Exchange Traded Commodity Derivatives, SEBI has permitted Category III Alternative Investmen.....

Tags : Participation, Portfolio Managers, Derivatives Market


Committee for examining applications under Rule 10VA notified(23.05.2016)

The Central Board of Direct Taxes noticed several Commissioners of Income Tax as Committee examine and opine on cases in respect of offshore funds fun.....

Tags : offshore fund, manager, approval, finance act 2015