SEBI introduces new rules for mutual funds on expense disclosures, returns, risk-o-meter color scheme, effective December 5, 2024.
SEBI issues guidelines for Indian mutual funds investing in overseas mutual funds, focusing on transparency and exposure limits to Indian securities.
CBDT sets new monetary limits for waiver of interest on delayed tax payments under Section 220(2) of the Income Tax Act, 1961, effective 4th Nov 2024.
NPCI advises on ATM cash retraction to prevent shutter overlay frauds, following RBI guidelines. Banks to implement risk measures and customer awareness programs.
Guidelines for entities providing ESG Ratings and Data in IFSC, covering registration, governance, conflict management, and mandatory disclosures for ERDPP.
CBDT issues Circular No. 14/2024 allowing condonation of delay in filing tax returns for AY 2023-24 under Section 80P, benefiting co-operative societies facing audit delays.
From December 1, 2024, additional qualifiers for synthetic diamond import/export declarations are mandatory to enhance customs assessments and reduce clearance delays.
IFSCA amends the Aircraft Lease Framework for transactions with Indian residents, effective immediately. Details on requirements and fees are outlined.
IBBI mandates centralized listing of liquidation assets on eBKray platform for transparency and improved recovery. Effective November 1, 2024.
IFSCA clarifies investment restrictions for retail schemes in IFSCs, easing limits on unlisted securities and fund-of-funds disclosures.
