Category I AIF

Income-tax (Second Amendment) Rules
Legislation UpdatesRules & Regulations

CBDT has notified the Income-tax (Second Amendment) Rules, 2026 to revise the definition of “specified fund”, bringing certain funds regulated by SEBI and the International Financial Services Centres Authority within its scope.

SEBI Revises Angel Fund
Legislation UpdatesNotifications

Read about SEBI’s updated Angel Fund framework, mandating accredited investors and direct startup investments to enhance transparency, effective from September 2025.