Consultation paper for seeking public comments and to provide clarity with respect to pro-rata and pari-passu rights of investors of Alternative Investment Funds (AIFs)
The comments shall be sent latest by June 04, 2023 preferably by email to afdconsultation@sebi.gov.in with a copy to Ms Padma Bharathi S, Manager (padmab@sebi.gov.in ) or by post in the address given in the notice.
Revised limits of leave salary
s. 25, 00,000 as the limit in relation to amount receivable by employees as cash equivalent of leave salary in respect of the period of earned leave at their credit at the time of their retirement, whether superannuation or otherwise.
IRDAI to hold an open house for the insurtech/fintech entities to bring in technological innovation
Open house would be held at the Head Office of IRDAI from 11.00 AM to 1.00 PM on 15th of every month. If it happens to be a holiday then it would be held next working day on the same time.
Clarification regarding provisions relating to charitable and religious trusts
The circular provide clarification regarding application of section under the act for failure to apply to registration/approval, extension of due date for furnishing of Form no. 10BD, clarification regarding applicability of provisional registration, denial of exemption in case where the statement of accumulation if not filed by the due date and regarding audit report to be furnished in Form no. 10B.
Guidelines for deduction of tax on income by way of winnings from any online games
Guidelines for the new section inserted in the Income-tax Act, 1961 which is the tax to be deducted from any person paying any income by way of winnings from any online games at the time of withdrawal as well as at the end of financial year.
