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  • News From Press Budget 2016: Clarity on AIF, Safe Harbour could sooth private equity players

    Budget 2016: Clarity on AIF, Safe Harbour could sooth private equity players

    Source: The Economic Times Feb 23, 2016

    Fund managers—mainly the private equity (PE) ones-- are keeping a close eye on the union budget as the government's announcement on two seemingly unrelated announcements could determine how they will approach India investments in future.

    The government is set to announce clarity around framework of alternate investment funds (AIF) and easing safe harbour rules for offshore fund managers willing to set up base in India.

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