IRDAI fines Flipkart ₹1.06 crore for insurance regulation breaches, including ISNP misuse and operating without valid registration.
Developers and IT/ITeS SEZ units may use TR6 challan for duty payments instead of ICEGATE until further notice from DG(Systems) or the Commerce Ministry.
SEBI reviews MII director appointments, cooling-off periods, and KMP selection, proposing changes for improved governance and independence.
SEBI proposes amending AIF regulations to allow Category II funds to invest in listed debt rated ‘A’ or below, alongside unlisted securities.
SEBI proposes 1-year advance fee for Investment Advisers/Analysts, applying fee rules only to individual/HUF clients, seeking Board approval.
SEBI proposes increasing FPI disclosure threshold from INR 25,000 crore to INR 50,000 crore, citing market turnover rise.
SEBI proposes forming a High-Level Committee to review conflict of interest provisions for Board Members and Officials, enhancing transparency.
Finance Ministry exempts 80CCA withdrawals from TDS under Section 194EE. Individuals withdrawing after notification date are affected.
SEBI mandates a standardized format for System and Network audit reports for MIIs, enhancing data quality and compliance monitoring.
IFSCA revises framework for Global/Regional Corporate Treasury Centres in IFSCs, easing business and aligning with global practices.
