a) Mutual Fund/AMCs shall also disclose risk-o-meter of the scheme and benchmark while disclosing the performance of scheme vis-à-vis benchmark and b) Mutual Funds/ AMCs shall send the details of the scheme portfolio while communicating the fortnightly, monthly and half-yearly statement of scheme portfolio via email.
(a) The incidence of tax on any assessee depends upon his residential status under the Act. The residential status of an assessee must be ascertained with reference to each previous year. A person who is resident in one year may become non-resident in another year or vice versa.
Amid Covid-19 SEBI extend the timelines for compliance with the following regulatory requirements by the Trading Members (TM) / Clearing Members (CM) / Depository Participants (DP) / KYC Registration Agencies (KRA), Securities and Exchange Board of India CIRCULAR SEBI/HO/MIRSD/DOP/P/CIR/2021/559 April 29, 2021 To, 1. All Recognised Stock Exchanges and Clearing Corporations 2. All Depositories 3. […]
Circular listed out 12 specific items wherein such relaxation in prescribed timelines were granted. It has been now decided to add, ‘Processing of the demat requests’, to this list and accordingly the list of 13 items that are eligible for relief stand revised
A Working Group was set up by the Authority vide order Ref: IRDAI/NL/WG/ENGG-Retail/240/2020-21 dated 5th November 2020 to revisit the existing Engineering insurance products (Retail) and recommend new suitable standard products in line with advancement in technology for the retail segment.
Since the enactment of RERA, real estate firms have been taking stands that the consumer forum has no right to deal with the complaints of home buyers against them. Often a question is raised before the Courts as to whether the complainant can claim the benefits under the Consumer Protection Act if there is an alternative remedy available.
Delhi- Updated Oxygen Refillers List & Locations for Oxygen cylinders for individuals based on doctor’s prescription Updated list of Oxygen Refillers for Delhi which contains Name of the Oxygen Refiller, Phone Number and Address of Oxygen Refillers as released by Delhi Government on 29th April 2021. GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI HEALTH & […]
Summary table of relevant provisions regarding definition and payment to MSME Ref: (i) The MSMED Act 2006 (came into force on 2nd October, 2006) (ii) The Central Government Notification number S.O 5622 (E) dated 18th Nov 2018 (iii) The MCA Order Jan 2019 – The Specified Companies (Furnishing of information about payment to micro and […]
The maximum assurance benefit payable under paragraph 22(3) of EDLI Scheme has been enhanced to Rs. 7 lakh from earlier maximum benefit of 6 lakh (Under para 22(3) of the scheme, the salary multiple shall be 35).
Held that, the power to order a provisional attachment of the property of the taxable person including a bank account is draconian in nature and the conditions which are prescribed by the statute for a valid exercise of the power must be strictly fulfilled.
