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Budget 2024: Variable capital companies could attract fund managers to India, say experts

By Economic Times - 2 months ago
Experts in the investment management industry and tax and legal professionals suggest that the introduction of variable capital companies (VCC) in India as announced in the union budget. This could boost private equity and venture capital investments, with potential to attract more fund managers and reduce compliance requirements. It will provide greater flexibility for pooling funds and accommodating investors with different needs, addressing limitations of current trust structures.

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