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Archive: August, 2024

Posts in August, 2024

SEBI Bans Anil Ambani from Market for 5 Years, Imposes Rs 25 Crore Fine

August 22, 2024 1269 Views 0 comment Print

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 Updates E-Mandate Framework for FASTag and NCMC

August 22, 2024 975 Views 0 comment Print

RBI includes auto-replenishment of FASTag and NCMC under the e-mandate framework, exempting them from pre-debit notifications.

Amendment to REITs Master Circular: Investor Complaints & Disclosure Timeline

August 22, 2024 654 Views 0 comment Print

SEBI amends REIT disclosure rules, revising investor complaints review and deviation statement timelines for better compliance and efficiency.

Amendment to InvITs Master Circular: Investor Complaints & Disclosure Timeline

August 22, 2024 738 Views 0 comment Print

SEBI updates disclosure rules for InvITs, revising investor complaint reviews and timelines for reporting deviations. Effective immediately.

SEBI Paper on Easing Document Attestation Requirements

August 22, 2024 957 Views 0 comment Print

SEBI seeks public feedback on replacing notary attestations with self-attestation for document submission, aiming to ease compliance and reduce costs.

Draft Modalities for Pilot Launch of E-Commerce Export Hubs (ECEH)

August 22, 2024 906 Views 0 comment Print

DGFT announces draft modalities for E-Commerce Export Hubs (ECEH) pilot, outlining operational procedures and submission guidelines for stakeholders.

DGFT Simplifies Re-export Rules for Un-utilized Drugs, No Need to Return to re-export to Supplier

August 22, 2024 771 Views 0 comment Print

DGFT’s new amendments simplify the Handbook of Procedures, easing compliance and export obligations for unused drugs under Advance Authorisation.

Amendments in Section 11: Charitable and religious Trusts

August 22, 2024 4974 Views 0 comment Print

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.

Understanding Chapter V & VI of Competition Act, 2002: Duties of Director General & Penalties

August 22, 2024 10638 Views 1 comment Print

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.

General Meetings Under Companies Act, 2013: A Detailed Overview

August 22, 2024 6435 Views 0 comment Print

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.

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