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Circulars

IFSC Banking Units Can Open Foreign Currency Accounts

August 13, 2025 576 Views 0 comment Print

IFSCA circular clarifies that Banking Units in an IFSC can open foreign currency accounts for Indian residents without prior approval, as per a 2015 regulation.

No ITC on Pre-Registration Stock if GST Registration Filed Late: Rajasthan Circular

August 12, 2025 660 Views 0 comment Print

Rajasthan GST circular directs officers to reject Input Tax Credit claims for taxpayers who register after 30 days from becoming liable, ensuring compliance under Section 18 of the RGST Act, 2017.

Rajasthan GST: ITC Claim Verification for Late Registrations

August 12, 2025 687 Views 0 comment Print

Learn about the Rajasthan Commercial Taxes Department’s new directive on verifying and rejecting Input Tax Credit claims for businesses with late GST registrations.

SEBI Approves Mutual Fund Units as Alternative to Bank Deposits for IAs & RAs

August 12, 2025 939 Views 0 comment Print

SEBI allows Investment Advisers and Research Analysts to use liquid or overnight mutual funds to meet their deposit requirements, providing an alternative to bank deposits.

Revamped Regulatory Framework for Global Access in IFSC

August 12, 2025 960 Views 0 comment Print

IFSCA has issued a circular detailing a new regulatory framework for Global Access Providers, outlining rules for market access, investor protection, and compliance.

SEBI Revises Framework for conversion of Private Listed InvIT into Public InvIT

August 8, 2025 819 Views 0 comment Print

SEBI updates the rules for converting private listed InvITs to public InvITs, streamlining sponsor unitholding, lock-in requirements, and public offer procedures.

SEBI Abolishes Transaction Fees for Mutual Fund Distributors

August 8, 2025 1149 Views 0 comment Print

SEBI circular removes transaction charges paid to mutual fund distributors by AMCs. The change is effective immediately and follows industry consultations.

SEBI Mandates Joint Annual Inspections for MIIs

August 7, 2025 477 Views 0 comment Print

SEBI circular mandates joint annual inspections for stock brokers by all MIIs starting December 1, 2025, to streamline supervision and enhance business ease.

IFSCA Mandates Onboarding for IFSC Factoring Entities

August 7, 2025 702 Views 0 comment Print

IFSCA circular mandates all IFSC Factors and TReDS entities, including IFSC Banking Units, to onboard with CERSAI to register assignment of receivables transactions.

Reserve Bank of India (Non-Fund Based Credit Facilities) Directions, 2025

August 6, 2025 3555 Views 0 comment Print

The RBI has issued new directions for non-fund based credit facilities, effective April 2026, consolidating guidelines for banks, NBFCs, and AIFIs.

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