Portfolio Managers shall constitute a dealing team (DT) which shall be responsible for order placement and execution of all orders in accordance with the aforesaid policies of the Portfolio Manager. DT may include the Principal Officer or the person appointed in terms of Regulation 7(2) (e) of PMS Regulations.
Two-Factor Authentication for redemption of Mutual Fund units has been implemented with effect from June 01, 2022 for transactions outside stock exchange platforms and from July 01, 2022 for transactions on stock exchange platforms.
An IPE, recognised by IBBI, can seek registration as an IP with IBBI, by making an application in specified form along with a non-refundable application fee of two lakh rupees
Securities and Exchange Board of India Press Releases No. 29/2022 SEBI Board Meeting The SEBI Board met in Mumbai today and, inter-alia, took the following decisions: I. Introduction of Regulatory Framework to facilitate Online Bond Platform Providers and reduction in the face value of listed privately placed debt securities The Board approved the following proposals: […]
Understand the applicability of internal audit under the Companies Act, 2013 & CARO reporting. Learn how it helps evaluate risk management, control, and governance processes.
Learn about the eligibility of NRIs to become trustees in public charitable trusts in India. Explore the clauses in the law and the requirements for inclusion on the board.
Seema Gupta Vs Union Of India & Ors. (Delhi High Court) HC held that renting of a residential dwelling by a proprietor of a registered proprietorship firm, who rents it in his/her own personal capacity for use as his/her own residence as well as not for use in the course or furtherance of business of […]
Find out which clause of the tax audit is applicable – 44AB(a) or 44AB(e) – for businesses with a turnover between Rs. 1cr – 2cr.
National Small Savings Fund (NSSF) will charge interest at the rate of 7.3% per annum on the loans contracted by Central Government and States/UTs (with Legislature) during the Financial Year 2022-23.
Revision of interest rates for Small Savings Schemes for Q3 of 2022-23 (i.e. from 1st October, 2022 to 31st December, 2022) Interest rates of small saving schemes for the Third quarter of financial year 2022-23 starting from 1st October, 2022 and ending on 31st December, 2022. Small saving schemes includes PPF, NSC, Senior Citizen Savings Schemes, Sukanya Samriddhi […]
