GOP Eyes Endowment Tax Hike in Escalation of Ivy League Feud

(Bloomberg) — House Republicans are considering increasing taxes on university endowments, a significant threat to some of the nation’s wealthiest schools as President Donald Trump seeks to tighten control over American higher education. The measure is in a draft of the tax package Republicans are weighing, according to people familiar with the matter who spoke…

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Sebi eases disclosures requirements for university funds and endowments via latest circular. Check details

The capital markets regulator Securities Exchange Board of India (Sebi) on May 30, 2024, released a master circular for foreign portfolio investors (FPIs). This master circular had subsumed an earlier circular dated August 24,2023 which deals with FPIs (foreign portfolio investors) that are exempt from additional disclosure requirements. Now, the latest circular dated August 1,…

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