SEBI bans Anil Ambani from the securities market for 5 years and imposes a Rs 25 crore penalty for fund diversion at Reliance Home Finance Ltd.
RBI includes auto-replenishment of FASTag and NCMC under the e-mandate framework, exempting them from pre-debit notifications.
SEBI amends REIT disclosure rules, revising investor complaints review and deviation statement timelines for better compliance and efficiency.
SEBI updates disclosure rules for InvITs, revising investor complaint reviews and timelines for reporting deviations. Effective immediately.
SEBI seeks public feedback on replacing notary attestations with self-attestation for document submission, aiming to ease compliance and reduce costs.
DGFT announces draft modalities for E-Commerce Export Hubs (ECEH) pilot, outlining operational procedures and submission guidelines for stakeholders.
DGFT’s new amendments simplify the Handbook of Procedures, easing compliance and export obligations for unused drugs under Advance Authorisation.
This article delves into the key amendments introduced under section 11 of the Income Tax Act, focusing on the revised timelines and conditions for filing forms, setting apart or accumulating trust income, and the nuances of applying corpus funds. Understanding these changes is crucial for trustees to ensure compliance and optimize the financial management of their trusts.
Explore the duties of the Director General and penalties under Chapters V & VI of the Competition Act, 2002, with key cases illustrating enforcement and compliance.
Explore the essential details of General Meetings under the Companies Act, 2013, including AGMs, EGMs, quorum requirements, and notices as per SS-2 and Section 118.