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Archive: 24 June 2022

Posts in 24 June 2022

DGFT notifies 1 new agency (PSIA) alongwith approved equipments

June 24, 2022 3381 Views 0 comment Print

01 Agency is notified as PSIAs alongwith their approved equipments. Additional areas of operation in respect of 02 existing PSIAs and additional instruments in respect of 03 existing PSIAs have also been notified. Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan, New Delhi Public Notice No. 16/2015-2020 Dated the 24th […]

SEBI extends timeline for Validation of KYC records by Registered Intermediaries

June 24, 2022 1503 Views 0 comment Print

2.1. KYC records of all existing clients (who have used Aadhaar as an OVD) shall be validated within a period of 180 days from August 01, 2022. 2.2. The validation of all KYC records (new and existing) shall commence from August 01, 2022.

Guidelines for Large Value Fund for Accredited Investors & Requirement of Compliance Officer for Managers of all AIFs

June 24, 2022 1617 Views 0 comment Print

Securities and Exchange Board of India Circular No. SEBI/HO/AFD/RAC/CIR/2022/088 | Dated: June 24, 2022 To, All Alternative Investment Funds (AIFs) Sir/ Madam, Sub: Guidelines for Large Value Fund for Accredited Investors under SEBI (Alternative Investment Funds) Regulations, 2012 and Requirement of Compliance Officer for Managers of all AIFs A. Guidelines for Large Value Fund for Accredited Investors […]

Reduction of timelines for listing of units of privately placed InvIT

June 24, 2022 813 Views 0 comment Print

SEBI decided to reduce the time taken for allotment and listing of units of privately placed Infrastructure Investment Trust (InvIT)

Introduction of UPI mechanism for Real Estate Investment Trusts

June 24, 2022 417 Views 0 comment Print

After consultation with stakeholders, it has been decided to provide an additional option to individual investors to apply in public issues of units of REITs with a facility to block funds through Unified Payments Interface (UPI) mechanism for application value upto Rs. 5 Lac.

Introduction of UPI mechanism for Infrastructure Investment Trusts

June 24, 2022 849 Views 0 comment Print

After consultation with stakeholders, it has been decided to provide an additional option to individual investors to apply in public issues of units of InvITs with a facility to block funds through Unified Payments Interface (UPI) mechanism for application value upto Rs. 5 Lac.

Draft IRDAI Staff (Officers and Other Employees) (First Amendment) Regulations, 2022

June 24, 2022 801 Views 0 comment Print

Insurance Regulatory and Development Authority of India Date:24-06-2022 EXPOSURE DRAFT INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA STAFF (OFFICERS AND OTHER EMPLOYEES) (FIRST AMENDMENT) REGULATIONS, 2022 1. Taking into consideration the comments received on the exposure draft of IRDAI Staff (Officers and Other Employees) (First Amendment) Regulations, 2022 during internal consultation, the exposure draft of […]

Observations of Candidates on CA Foundation Exam Question Papers

June 24, 2022 1899 Views 0 comment Print

Candidates can bring to the notice of the Examination Department, their observations, if any, on the question papers relating to Foundation Examinations being held in June 2022 by e-mail at examfeedback@icai.in or by way of a letter, sent by Speed Post, at the following address, so as to reach us latest by 5th July 2022.

Analysis: Section 194R TDS on benefit or perquisite in respect of business or profession

June 24, 2022 56202 Views 1 comment Print

Understanding the applicability of Section 194R of the Income Tax Act and its impact on benefits or perquisites in business or profession.

Compliance for NGOs in India

June 24, 2022 31206 Views 0 comment Print

Understanding compliance for NGOs in India. Learn about the legal framework and regulations that govern these non-profit organizations.

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