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How SEBI's new rules have created a mess out of VC Fund Exits

The AIF industry in India is facing a crisis with several funds set to expire without clear exit strategies, leading to liquidity and tax payment challenges for investors. In addition to complex liquidation rules, contradictions, and potential FEMA violations, in-specie distribution poses further hurdles, especially for foreign investors, while tax liabilities and lack of clarity on TDS responsibilities compound the problem.
870 Episodes
22 Nov 2024
16 MINS
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