Eye Share: Union Budget 2020 Countdown
Mr. Srinivas Hande K (Manager, Mazars India LLP) and Ms. Priyal Malpani (Consultant) further suggest ushering in a mechanism to provide zero-rating of GST charged to the Alternative Investment Funds (AIF) which are ultimately consumed by the foreign investors to provide the impetus for foreign investments in India. Drawing attention to the scenario of GST being charged by the fund managers becoming a cost to the fund which reduces the net investible funds in the portfolio com...