ITAT Ahmedabad overturned PCIT’s revision order regarding ₹22 lakh cash deposit, finding AO’s verification adequate. Details of the case summary.
SEBI seeks comments on revised Investor Charter for Advisers, covering client rights, responsibilities, disclosures, and grievance redressal.
RBI updates lead bank responsibilities after Rajasthan’s district reorganisation; roles for Jaipur and Jodhpur modified, others retained or revoked.
ICSI approves Hindi study material, free masterclasses, debating societies, TDOP options, and new Direct Tax course for members in March 2025 meetings.
IFSCA amends banking hours for IFSC Banking Units (IBUs) to 10:00 a.m. to 5:00 p.m. on weekdays and working Saturdays, effective April 11, 2025.
SEBI mandates formats for SIF applications (Annexure I) and Investment Strategy Information Document (ISID) (Annexure II) for Mutual Funds. Effective now.
SEBI provides clarifications on Specialized Investment Funds (SIF) rules regarding interval scheme maturity and minimum investment threshold (now ₹10 lakh aggregate).
SEBI alerts public to rising securities fraud on social media (YouTube, WhatsApp, etc.). Verify intermediaries & report suspicious activity.
SEBI seeks public comments on draft Investor Charter for RTAs, focusing on services, rights, timelines, and grievance redressal. Deadline: May 2, 2025.
SEBI invites public comments on its draft circular for enhancing the Investor Charter for Research Analysts, aiming to improve transparency and investor protection.
