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About 16 results for "aif"

How tech alumni plan to raise 21,000 crore to fight COVID-19

How tech alumni plan to raise 21,000 crore to fight COVID-19

Over 5 million alumni from the Indian Institutes of Technology, Mumbai University and Institute of Chemical Technology, Mumbai, plan to raise Rs 21,000 crore to start the world's largest infection testing lab in Mumbai. IMAGE: A medic works on a sample for a COVID-19 rapid test. Photograph: PTI Photo IIT Alumni Council President and Chief Volunteer Ravi Sharma tells Rediff.com how the MegaLab, which plans to begin pilot testing on August 15, wants "to create a world class testing ... Rediff.com, 2 months ago
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No stamp duty on redemption of MFs, only on switching: Sebi

Capital markets regulator Sebi on Wednesday said stamp duty was not applicable on redemption of mutual fund units but switching in mutual fund would attract the stamp duty.  Sebi released the FAQs on stamp duty collection on Wednesday, with the provisions of the amended Indian Stamp Act coming into effect.  The regulator said that the units of mutual fund schemes are to be considered as securities for the purpose of applicability of stamp duty.  Regarding the applicability of ...
 Rediff.com2 months ago Stamp duty to be applicable to alternative investment funds: Sebi  Economic Times2 months ago
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