Tag: AIF
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RBI caps AIF investments by banks and non-banks at 10% of fund’s corpus
The Reserve Bank of India (RBI) on Tuesday capped investments by banks and non-bank financiers in alternative investment funds (AIFs) at 10% of the...
AIFs, not luxury apartments: How India’s wealthy are reimagining real estate investments, says Karthik Athreya
India’s high-net-worth individuals (HNIs) and ultra-HNIs are shifting gears when it comes to real estate investing. Gone are the days of managing individual apartments...
AIF income to be classified as capital gains, not business income: Budget
The Budget has clarified that income earned by Category I and Category II alternative investment funds (AIFs) from sale of securities will be compulsorily...
