SEBI’s new SWAGAT-FI framework aims to simplify FPI and FVCI investments for trusted foreign entities by streamlining registration, compliance, and documentation.
A SEBI consultation paper proposes regulatory changes for Large Value Funds (LVFs) for accredited investors. Proposals include reducing the minimum investment to ₹25 crore, removing restrictions on investor numbers, and relaxing compliance requirements like the mandatory annual audit of terms and NISM certification for key personnel. The goal is to make LVFs more attractive to both domestic and foreign investors.
The Minister of State for Finance details India’s direct tax collections from FY 2020-21 to 2024-25, highlighting that collections exceeded budget estimates except in the COVID-affected year of 2020-21. The response addresses the government’s stance on tax evasion, a comprehensive list of direct tax reforms since 2014, and the introduction of the new, simplified Income-tax Bill, 2025.
The ICSI Council approved new training guidelines, a research program with DTU, national seminars, and multi-language study materials for Executive Programme.
The Ministry of Corporate Affairs has amended the Companies (Indian Accounting Standards) Rules, 2015, impacting financial reporting and liability classifications.
An ROC Hyderabad order imposes penalties on directors of PONDICHERRY-TINDIVANAM TOLLWAY PRIVATE LIMITED for a 268-day gap between board meetings.
Learn about the Rajasthan Commercial Taxes Department’s new directive on verifying and rejecting Input Tax Credit claims for businesses with late GST registrations.
This summary details NFRA’s audits and reviews from 2019 to 2025, its stakeholder engagement, complaint resolution processes, and its current jurisdiction.
India extends anti-dumping duty on black toner imports from China, Malaysia, and Taiwan for five years to prevent injury to domestic industry.
The Central Government has exempted specific incomes of the Haryana State Pollution Control Board from income tax, effective from the 2024-25 financial year, subject to certain conditions.