The ROC Mumbai penalised a company and its director for an error in Form AOC-4 relating to consolidated financial statements. The order directs rectification and outlines payment and appeal procedures.
SEBI has further extended the timeline for filing claims against the defaulted broker, giving investors until March 31, 2026. Investors are urged to submit pending claims promptly.
The draft mandates upfront disclosure of all transaction costs for retail forex deals to enhance transparency and informed choice.
The amendment revises key investor classifications, including high-net-worth family trusts and strategic investors, ensuring stronger eligibility norms. It aims to enhance transparency and improve governance in InvIT fund-raising.
ICAI confirms that the new Income-tax Act, 2025 will be examined in Intermediate and Final CA exams starting May 2027, guiding student preparation.
SEBI allows REs to submit accessibility readiness reports by March 31, 2026, replacing the earlier auditor appointment deadline, and mandates periodic digital accessibility audits.
The circular removes certain statutory lending restrictions for foreign bank IBUs while imposing stricter safeguards for director-related loans and corporate buy-back financing.
Explains the strict consequences for failing to meet CSR spending and transfer obligations under Section 135. Highlights how penalties are imposed and the key compliance takeaway for companies.
The Bill proposes reducing net worth, turnover, and profit limits for mandatory CSR. This would bring a larger number of medium-sized companies within the CSR framework.
The RBI’s 2025 amendment defines agency and referral services for Payments Banks, ensuring compliance and operational clarity in third-party financial product arrangements.
