SEBI clarifies its stance on whether a merchant banker can trade in a company’s shares after managing its public issue, outlining the rules and restrictions.
Jurisdiction for PMLA cases in Chhattisgarh updated to the VI Additional Sessions Court, Raipur, covering the entire state.
Customs notification updates Raxaul transit route under the India-Nepal Treaty of Transit dated 1st June 2023, aligning rail transit procedures.
Learn how a ₹2 crore term insurance plan offers tax benefits under Sections 80C, 80D, and 10(10D) while providing essential financial protection.
The CAG has issued revised directions for statutory auditors of government companies, effective May 23, 2025, covering investment valuation, IT system accounting, fund utilization, risk management, and regulatory compliance.
The RBI has released a draft circular for public comment until June 6, 2025, proposing amendments to rules on inoperative accounts and unclaimed deposits, including enabling Business Correspondents for KYC updates.
RBI invites comments on draft circular for KYC updation, aiming to ease customer process, reduce pendency, and allow BCs to facilitate updates.
The RBI has updated its Economic Capital Framework based on a five-year review, adjusting risk buffers for market, credit, operational, and monetary/financial stability risks to enhance resilience and smoothen surplus transfers.
Supreme Court dismisses a review petition, affirming its October 3, 2024 judgment. Citing no apparent error, the court condoned delays and waived minor registry defects.
A co-operative bank’s claim for bad and doubtful debt provision under Section 36(1)(viia) has been upheld, dismissing the Revenue’s appeal. Judicial precedents played a key role.
