FCRA Amendments – A Move in the Wrong Direction – Nischal Arora

The Income Tax department has allowed recognised provident funds to invest in ‘A’ or higher-rated debt securities, a move which will give them flexibility to retain their current investments in bonds even where such papers have been downgraded.

2. Our Partner, Nischal Arora- Regulatory and Mayank Arora, Associate Director contributed an article on Recent FCRA Amendments – A Move in the Wrong Direction for Lawstreet India(Taxsutra).