DGGI Jaipur’s major crackdown on a syndicate operating 569 fake firms across 14 states, leading to fraudulent ITC claims worth Rs 1,047 crore.
NSE has recently issued a circular clarifying the implementation of the Securities and Exchange Board of India’s (SEBI) regulations regarding the prohibition of insider trading. The focus of these regulations is to restrict the trading activities of Designated Persons (DPs) by freezing their Permanent Account Number (PAN) at the security level. Overview of the Circular […]
IRDAI issues a public notice cautioning the general public about an unregistered entity named Bhartiya Cooperative General Insurance Limited. The notice warns against undertaking insurance transactions with this entity and advises the public to be cautious. Stay informed and protect yourself from fraudulent activities.
IRDAI has issued a circular outlining monitoring requirements for insurers’ investments in Alternative Investment Funds (AIF). Insurers are required to adhere to certain guidelines including quarterly declaration of AIF Net Asset Values (NAVs), approval for rollovers, and submission of quarterly returns.
Comprehensive update on SEBI Board meeting outcomes, focusing on securities listing timelines, investor grievance redressal enhancements, and provisions for non-convertible debt securities.
Comprehensive analysis of audit lapses leading to significant NFRA-imposed penalty on CA Devang Dalal and M H Dalal & Associates, setting a precedent in corporate financial accountability.
Explore SEBI’s new online remittance system for fees payment. Learn about the different payment methods available and the necessary information required during transactions.
In Sunrise Broking P. Ltd. Vs ITO, ITAT Ahmedabad abolishes penalty over additions made to interest on income tax refund, recognizing no concealment or inaccuracy in the income particulars.
RBI Master Direction on Minimum Capital Requirements for Operational Risk shall apply to all Commercial Banks (excluding Local Area Banks, Payments Banks, Regional Rural Banks, and Small Finance Banks).
Notification No. 46/2023-Income-Tax Dated: 26th June, 2023 regarding deemed arm’s length price for assessment year 2023-2024. Learn about the tolerance range for wholesale trading and other cases in international transactions or specified domestic transactions.
