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Circulars

RBI Circular: Regularization of Partly Paid Units Issuance to Non-Resident Investors

May 21, 2024 747 Views 0 comment Print

RBI allows Alternative Investment Funds to issue partly paid units to foreign investors under amended Foreign Exchange Management rules.

Framework for considering unaffected price for transactions upon confirmation of market rumour

May 21, 2024 666 Views 0 comment Print

Learn about SEBI’s latest circular on unaffected price calculation for transactions affected by market rumours, applicable from June 2024.

Comprehensive Legal Education Reforms: Mandatory BCI Guidelines

May 20, 2024 1302 Views 0 comment Print

Explore the comprehensive legal education reforms by BCI, including mandatory guidelines, new subjects, and norms for enhancing legal education quality.

Provision to FBOs to update filed modification application of license/registration in FoSCoS

May 16, 2024 282 Views 0 comment Print

FSSAI allows FBOs to update or cancel license modifications in FoSCoS, streamlining the process and reducing delays. Effective from May 2024.

GST SOP for Newly registered taxpayers: Welcome Letter Guidelines Issued

May 16, 2024 14550 Views 0 comment Print

Circular No. 4/2024 by the Tamil Nadu Commercial Taxes Department outlines SOP for welcoming new GST registrants, enhancing compliance, and reducing non-existence.

RBI Assigns Lead Bank Role to Indian Bank for New Biswanath District

May 15, 2024 207 Views 0 comment Print

RBI designates Indian Bank as the Lead Bank for the newly formed Biswanath district in Assam, maintaining stability in banking operations.

Review of validation of KYC records by KRAs under Risk Management Framework

May 14, 2024 543 Views 0 comment Print

SEBI simplifies KYC record validation under the Risk Management Framework to enhance client transactions. Key changes to be implemented by May 31, 2024.

SEBI Certification requirement for key investment team of manager of AIF

May 13, 2024 510 Views 0 comment Print

Learn about SEBI’s latest regulation mandating certification for key investment team members of Alternative Investment Funds (AIFs) and its implications.

Guidelines & FAQs for Business Responsibility Report Filing

May 10, 2024 2976 Views 0 comment Print

Learn about NSEs guidelines for filing Business Responsibility and Sustainability Reports (BRSR). FAQs, observations, and guidelines provided for listed companies.

Additional Requirements for Finance Company as Ship Leasing Lessor

May 8, 2024 300 Views 0 comment Print

IFSCA issued a circular dated May 8, 2024, addressing finance companies registered with IFSCA for ship leasing activity. The circular outlines additional requirements for carrying out permissible activities under the ‘Framework for Ship Leasing.’

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