SEBI adjudicates on JM Financial Mutual Fund’s NAV surge due to DHFL securities sale, uncover-ing unfair trade practices by key individuals violating SEBI regulations.
Notification 19/2024 reduces Special Additional Excise Duty on petroleum crude. Effective from August 1, 2024. Read the full details and implications here.
RBI releases draft directions to enhance security and due diligence for AePS touchpoint operators, aiming to prevent fraud and protect customer interests. Comments open until August 31, 2024.
The Reserve Bank of India (RBI) has issued the Master Direction on the Treatment of Wilful Defaulters and Large Defaulters (Directions, 2024) to establish a clear framework for identifying and managing borrowers who deliberately default on their financial obligations. This directive, effective in 90 days, mandates a transparent process for classifying defaulters, including detailed procedures […]
ICAI has declared the CA Foundation June 2024 results. With 91,900 candidates and a 14.96% pass rate, find detailed results and analysis on the official ICAI website.
RBI issues final directions on cyber resilience and digital payment security for non-bank Payment System Operators (PSOs) to ensure robust governance and secure transactions.
CBIC detected Rs. 36,374 crore worth of fake ITC in FY 2023-24 involving 9,190 cases. Key measures and data on ITC fraud detection detailed in the report.
Learn about the new regulations for amending import documents under Section 149 of the Customs Act, 1962. Understand the timeline, process, and conditions.
Details on penalties for not maintaining AMB in savings accounts, criteria for calculation, and government’s stance on rationalizing these charges.
IBBI introduces new electronic forms for voluntary liquidation under IBC. Streamline compliance with updated reporting requirements effective July 2024.
