Wednesday, June 30, 2021

NRIs must obtain registration under 'Investment advisory' regulations for offering advisory services

The SEBI has issued informal guidance with the regard to registration in 'Investment advisory' (IA) regulation. It has clarified that NRI or POI intends to offer investment advisory to clients in India needs to take registration under IA regulations. In case NRI or POI wants to join any non-individual IA as PAA, then non- individual IA is required to comply with IA regulations.

from taxmann.com News https://ift.tt/3dpr4Fh
-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...