SEBI introduces a dedicated Accredited Investors only fund category and relaxes multiple obligations for such funds. The amendments simplify compliance and offer conversion options for existing AIFs.
The IBBI proposes measures to enhance transparency, disclosure, and accountability in corporate insolvency resolution, including allottees’ inclusion and CoC safeguards.
The IBBI held that details sought under RTI regarding Swastik Ispat Pvt. Ltd. were already hosted on its website, disposing of the appeal accordingly.
The RBI’s 2025 Master Direction expands eligible collateral for repo transactions to include municipal debt securities, enhancing liquidity options for market participants.
CBDT notifies Ayodhya Vikas Pradhikaran as exempt under Section 10(46A) of the Income Tax Act, effective from AY 2024-25, with retrospective effect.
Notification 157/2025 sets 1% tolerance for wholesale trading and 3% for all other cases for Arm’s Length Price variation for AY 2025-2026 under the Income-tax Act.
CAAR Mumbai ruled that customized heat sinks used in PCBAs of data center switches and uplink cards are classifiable under 8517 79 90 as parts of communication apparatus.
ROC Chennai issued an adjudication order against BON FRESH FOODS for violating rules related to preferential share allotment documentation. A lesser penalty was applied under Section 446B due to its DPIIT Start-up status.
Ministry of Finance, CBDT, notifies the Karnataka Housing Board for income tax exemption under Section 10(46A) of the Income-tax Act, 1961, effective from Assessment Year 2024-25.
Govt proposes amendments to Patent Rules 2003 introducing Code of Conduct, disciplinary procedures, and complaint mechanisms for patent agents.
