RBI directs Credit Institutions to report credit information to Credit Information Companies fortnightly, effective January 1, 2025, for timely credit assessment.
New Tea (Holding Inquiry and Appeal) Rules, 2024 issued under the Tea Act, 1953, detailing inquiry and appeal procedures for contraventions and penalties.
Key amendments to the Finance (No.2) Bill, 2024, include changes in tax rates, capital gains, customs duties, and excise laws, effective from October 1, 2024.
SEBI seeks public feedback on easing regulatory requirements for Investment Advisers and Research Analysts, aiming to simplify compliance and registration.
SEBI seeks public comments on regulating foreign investments through ODIs and segregated portfolios to ensure transparency and compliance with FPI Regulations.
Ministry of Finance notifies Kalyan Karnataka Region Development Board’s tax exemption for grants and interest, effective for FYs 2021-22 and 2022-23.
GST AAR ruling for Royaldrive Pre Owned Cars LLP regarding input tax credit eligibility on spare parts, refurbishment services, and other business expenses.
SEBI amends rules for InvIT unitholder board nominations, clarifying rights when overlapping with lender nominations. Effective immediately from August 6, 2024.
SEBI amends rules to clarify board nomination rights for REIT unitholders, ensuring no overlap with lender rights. Effective immediately from August 6, 2024.
New guidelines for the Committee of Creditors by IBBI focus on enhancing decision-making, transparency, and efficiency in insolvency resolution processes.
