Cabinet approves foreign investment in AIFs
To attract more overseas money into the country, the Union Cabinet on Wednesday cleared a proposal allowing foreign entities to invest in Alternative Investment Funds (AIFs).
Jul 29, 2015, 21:31 PM ISTGovt, RBI to fast-track foreign inflows into AIFs
AIFs were set up in 2012 by the capital markets regulator Sebi as a new class of investment entity.
Jul 05, 2015, 14:30 PM ISTSebi permits 123 alternative funds to operate in India
Of these, around 34 entities got the market regulator's approval to operate so far this year (January-November), 67 in 2013 and the remaining 22 in 2011.
Dec 01, 2014, 13:24 PM ISTAIF income to be taxed at 30%: CBDT
Income of the Alternative Investment Funds (AIFs) will be taxed at the maximum rate of 30 percent, the revenue department has said.
Jul 29, 2014, 17:52 PM IST