The circular addresses mandatory certification requirements for Social Impact Assessors under ICDR Regulations. SEBI requires NISM Series XXIII certification, reinforcing regulatory compliance and investor protection.
EPFO permits de-linking of wrongly linked Member IDs even when contributions exist, subject to limits. The circular outlines a structured approval process and safeguards to prevent misuse.
The new tax regime introduces Form 121 as a single declaration replacing Forms 15G and 15H. It simplifies TDS exemption compliance while ensuring stricter reporting and digital tracking requirements.
The government clarified that employees under the Unified Pension Scheme are eligible for Fixed Medical Allowance. The key takeaway is parity of benefits with NPS employees under existing rules.
The issue was whether deductions like commission affect export benefits. The circular clarifies that full FOB value is allowed unless deductions exceed 12.5%.
The issue was handling export cargo affected by maritime disruption. The circular permits LEO cancellation and flexible movement of goods for re-routing or return.
The circular prohibits fiduciaries from providing multiple services to the same scheme to avoid conflicts. It ensures independent oversight and strengthens investor protection.
IFSCA requires PSPs to obtain approval before joining Rupee Drawing Arrangements. The rule ensures strict adherence to AML, KYC, and CTF norms in cross-border payments.
IFSCA has revamped reporting norms with updated formats and new intermediary categories. The circular mandates quarterly reporting and strengthens supervisory oversight.
The issue was the absence of a mechanism to enforce lock-in on pledged shares. SEBI introduced a “non-transferable” tagging system through depositories.
