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GST Exemption on Frozen Seafood: West Bengal AAR Ruling

March 2, 2025 357 Views 0 comment Print

West Bengal AAR rules on GST applicability for frozen seafood supplied to industrial consumers. The ruling remains undecided due to lack of evidence.

SEBI Notifies NBFCs as Qualified Buyers Under SARFAESI Act

February 28, 2025 297 Views 0 comment Print

SEBI designates NBFCs and housing finance firms as qualified buyers under the SARFAESI Act, 2002, with conditions to prevent promoter access to secured assets.

SEBI Issues Industry Standards for LODR Regulation 30 Compliance

February 25, 2025 1497 Views 0 comment Print

SEBI mandates listed entities to follow industry standards for disclosing material events under Regulation 30 of LODR Regulations, ensuring compliance and transparency.

SEBI Allows Demat Accounts for Association of Persons

February 25, 2025 336 Views 0 comment Print

SEBI permits Association of Persons (AoP) to open demat accounts for holding mutual funds, corporate bonds, and government securities under specified conditions.

SEBI Proposes Measures to Boost Equity Derivatives Trading & Risk Monitoring

February 25, 2025 477 Views 0 comment Print

SEBI seeks feedback on shifting open interest (OI) in equity derivatives to a Delta-based approach and revising position limits for better risk monitoring.

IBBI Penalizes IP for Not Filing Revised Creditor List with Adjudicating Authority

February 25, 2025 237 Views 0 comment Print

IBBI’s Disciplinary Committee reviews allegations against Insolvency Professional Sandeep Goel for non-compliance in CIRP cases, issuing its final order.

RBI Revises Risk Weights on Microfinance Loans

February 25, 2025 240 Views 0 comment Print

The RBI has revised risk weights on microfinance loans, setting them at 100% for RRBs and LABs while excluding consumer credit microloans from higher risk weights.

BoS Announces CA Exam Success Sessions for CA Final May 2025

February 25, 2025 2802 Views 0 comment Print

ICAI announces BoS Series I & II virtual sessions for CA Final May 2025 aspirants, starting March 24 & April 16. Get expert guidance from top faculty.

CBDT Amends Rules 12CA, 12CC & Forms 10IH, 64A, 64B, 64C, 64D, 64E & 64F

February 24, 2025 2382 Views 0 comment Print

CBDT updates income tax rules and forms for business and securitization trusts. Notification 17/2025 amends Rules 12CA & 12CC, impacting Forms 10IH, 64A-F, for streamlined reporting.

RBI Revises Prudential Norms for Urban Co-Op Banks

February 24, 2025 492 Views 0 comment Print

The RBI has revised prudential norms for Urban Co-Op Banks, including small loan limits, real estate exposure, and provisioning requirements.

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