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  The Tamil Nadu Pollution Control Board (TNPCB) plays a crucial role in regulating and managing pollution across industries and businesses in the state. Established under the provisions of the Water (Prevention and Control of Pollution) Act, 1974 and the Air (Prevention and Control of Pollution) Act, 1981 , TNPCB ensures that industries operate within environmental norms, protecting natural resources and promoting sustainable development. Key Responsibilities of TNPCB: Issuance of Consents: Grants Consent to Establish (CTE) and Consent to Operate (CTO) for industries and businesses. Monitoring and Inspection: Conducts regular site inspections and monitoring to ensure pollution control measures are implemented. Waste Management: Regulates the disposal of hazardous, biomedical, e-waste, and plastic waste to ensure compliance with environmental laws. Pollution Control Measures: Enforces pollution control norms and imposes penalties on industries violating regulations. Public Aw...

 https://www.corpzo.com/complete-guide-to-alternative-fund-services-in-india TLDR:  Ever feel like you're stuck in the investment hamster wheel, going round and round with traditional options like stocks and bonds? What if I told you there’s a treasure trove of opportunities beyond the conventional routes, just waiting for savvy investors like you to explore? Enter Alternate Investment Funds (AIFs)—a realm of investments that promises diversity, potential high returns, and the thrill of accessing unique markets. Let’s dive deep into the world of AIFs and see how they can reshape your investment landscape.   Introduction to Alternate Investment Funds (AIFs) Investing can often feel like navigating a maze. With so many options available, it can be difficult to know where to put your money. Among the many investment vehicles available today, Alternate Investment Funds (AIFs) have gained popularity for their potential to offer diverse investment opportunities beyond tradition...

  The concept of digital cash using cryptography has been around for a while, with ideas dating back to the 1980s. However, the birth of cryptocurrency as we know it today is generally attributed to the creation of Bitcoin in 2009. Bitcoin's Birth (2008-2009):  Satoshi Nakamoto, a pseudonymous figure, published a whitepaper outlining Bitcoin in 2008. The following year, Bitcoin software was released, and the first block was mined, marking the launch of the first cryptocurrency. While Bitcoin is the most well-known, many other cryptocurrencies cryptocurrencies have been created since then, along with the underlying technology, blockchain. The origins of blockchain can be traced back to the early 1990s, though the technology gained significant recognition with the launch of Bitcoin in 2009. Here's a look at its development and real-world applications: Evolution and Real-World Uses: While the initial concepts existed, it wasn't until 2008 that Satoshi Nakamoto, the pseudonymo...

  Capital Adequacy Requirements Different categories of AIF have different Capital Requirements: 1. Category 1 RTA shall have a minimum Net Worth of INR 50 Lakhs; 2. Category 2 RTA shall have a minimum Net Worth of INR 25 Lakhs; Here 'Net Worth' means: 1. In case, if the applicant is a firm or association of persons or any body of individuals, the total value of capital contributed to such business by the applicants, and free reserves of any kind to their business denote net worth. 2. In the case of a corporate body, the value of free reserves and paid capital mentioned in the account books of the applicant at the time of submission of application as per sub-regulation (1) of regulation 3 counts as the total net worth.   Restriction for RTA Registrar to an Issue not to act as such for an associate.─ Registrar to an issue shall not be associated with body corporate for acting as registrar for any issue of securities of such body corporate. A person or body corporate will b...

  The SEBI (Alternative Investment Funds) Regulations, 2012 (“AIF Regulations”) also apply to AIFs in the IFSC. AIFs in IFSCs, on the other hand, have been granted specific dispensations to provide them with greater operational freedom while preserving tax efficiency. SEBI, India's capital markets regulator, which oversees AIF structures, has established special rules and restrictions for AIF formation in GIFT City. The Foreign Exchange Management (IFSC) Regulations, 2015, and the SEBI (IFSC) Guidelines, 2015, read with the Operating Guidelines, are the primary sources of regulation for AIFs in an IFSC. A fund must get registration from the IFSC Authority in order to operate as an AIF (as set up under the IFSC Authority Act, 2019). The Securities and Exchange Board of India ("SEBI") published Operating Guidelines for Alternative Investment Funds in International Financial Services Centres on November 26, 2018 ("Operating Guidelines"), which stipulate the followi...

  Gujarat International Fin-Tec City (GIFT City) is being built as a worldwide financial and IT services hub, similar to globally benchmarked financial centres. It features an International Finance Services Centre ("IFSC")-designated Special Economic Zone. The IFSC was established to handle financial services transactions now carried out outside of India by foreign financial institutions and Indian financial institutions' overseas branches and subsidiaries.   The regulatory framework controlling funds in the IFSC has undergone significant regulatory modifications as part of the broader regulatory effort to support the expansion of financial services intermediaries in the IFSC. As a result, the IFSC is quickly establishing itself as a viable alternative to well-known fund jurisdictions like Singapore and Mauritius.     1. What is an International Financial Services Company (IFSC)? Under the Special Economic Zones Act of 2005, the Central Government established a ...