Venture Capital Funds
There is a lot of confusion regarding the tax payments for real estate and infrastructure. Income-Tax Department is busy sending scrutiny notices on capital gains and interest earnings on the investments in various funds by high net worth individuals (HNI). However the HNIs are claiming that they are being told to cough up tax they insist [...] Continue Reading »
The regulator for the securities market in India, Security and Exchange Board of India (SEBI), has allowed 12 new units to set up Alternative Investment Funds (AIFs). An AIF is a new set of pooled-in investment vehicles for real estate, private equity and hedge funds, in the last two months of October and November 2012. [...] Continue Reading »
