Read about the RBI’s August 2023 monetary policy decisions. The repo rate remains steady, with a focus on aligning inflation to the target while supporting growth.
SEBI circular outlines the procedure for obtaining prior approval for change in control of intermediaries. Learn about the process and requirements.
RBI has issued a directive requiring all scheduled banks to maintain an incremental Cash Reserve Ratio (CRR) to manage liquidity conditions.
Read about IRDAI’s initiative for Indian Risk-Based Capital (Ind-RBC) Framework through Quantitative Impact Study -1. Learn how it enhances insurers’ capital and risk management.
Learn about Pension Fund Regulatory and Development Authority’s circular on Consolidated Account Statement (CAS) for NPS investments tracking. Benefits and procedures explained.
CESTAT Ahmedabad rules in favor of Adani Power, confirming Commissioner (Appeals) authority to remand matters to Adjudicating Authority under Section 35 A of Central Excise Act.
Bombay High Court lifts travel ban on Aarti Ramesh Chaurasia due to LOC issued by Income Tax Dept. Find details of the case and the judgment here.
ITAT Delhi orders that absence of a dissolution clause in Trust Deed shouldn’t deny registration u/s 12AA of Income Tax Act in Roop V.K Jain Foundation case.
Read the analysis of the Welspun India Ltd. vs. Commissioner of CGST & CESTAT Ahmedabad case, where CESTAT quashes the reversal of CENVAT credit on Cotton Terry Towels due to non-insertion of Rule 11(3) of CENVAT Credit Rules.
Learn about the penalty imposed by the Ministry of Corporate Affairs on Steel Resources Tradelink for not printing email and phone details on their resolutions.