The circular addresses confusion under FTP 2023 on chemical warehousing. It confirms that industrial chemicals can be stored in bonded warehouses subject to regulatory compliance.
DGFT has rolled out real-time NPCI validation for bank accounts in IEC issuance and modification. Applications will now depend on NPCI validation status to proceed, auto-approve, or face rejection.
SEBI issued a master circular bringing all investment adviser regulations under one document. Earlier circulars are rescinded, but past actions and liabilities continue unaffected.
SEBI issued a unified master circular compiling all rules applicable to Registrars and Share Transfer Agents. Earlier circulars are rescinded, while past actions and liabilities remain fully protected.
The regulator issued a comprehensive master circular compiling all directions applicable to research analysts. Earlier circulars are rescinded, while past actions and liabilities remain protected.
SEBI has required AIFs to report unit NAVs to depositories within a defined timeline. The move strengthens transparency, standardises disclosures, and improves investor visibility.
The issue is rising reassessment notices driven by data analytics. The key takeaway is that strong procedural safeguards protect taxpayers.
This covers major tax reforms introduced to simplify compliance and reduce litigation. The key takeaway is a shift toward trust-based and technology-driven taxation.
This article explains the difference between percentage and percentile. The key takeaway is that percentage measures individual performance, while percentile shows ranking.
The issue is the absence of a precise statutory definition of income. Courts have expanded its meaning to cover all real economic gains unless specifically exempt.
