Archive | May, 2015

Tax pass-through for Alternative Investment Funds

18 May

Now that the Finance Bill 2015 has received the President’s assent, we can all rejoice that Alternative Investment Funds (AIFs) in India have been granted tax-pass through status. This has been a long standing industry demand and it was heartening to hear the Budget announcement regarding the tax-pass through status.

I had written on this issue for Mint prior to the budget. You can access the same here.

Hopefully, tax certainty becomes a permanent feature of our capital markets rather than being occasional gusts of clarity.