SEBI permits Association of Persons (AoP) to open demat accounts for holding mutual funds, corporate bonds, and government securities under specified conditions.
IFSCA requires regulated entities to register on FIU-IND FINGate 2.0 for AML, CFT, and KYC compliance. Non-compliance may lead to licensing breaches.
SEBI modifies the Investor Charter for stock brokers to enhance investor protection, transparency, and grievance redressal. New provisions effective immediately.
IFSCA mandates Fund Management Entities in IFSCs to notify appointments and changes of Key Managerial Personnel, ensuring compliance with eligibility criteria.
Key updates on income tax deduction from salaries under Section 192 for FY 2024-25, including amendments, surcharge rates, and new tax regime details.
PFRDA mandates Aadhaar-based authentication for NPS transactions in government offices, enhancing security with two-factor login from April 1, 2024.
SEBI mandates AMCs to allocate 2 basis points for investor education, including financial inclusion, under the Mutual Fund Regulations, 1996.
IRDAI introduces Bima-ASBA via UPI for secure insurance premium payments. Funds blocked until proposal acceptance. Effective from March 1, 2025.
IFSCA revises SNRR account rules, allowing IFSC units to open accounts outside IFSC for business transactions. New regulations take effect from January 14, 2025.
CBDT extends the due date for filing Form 56F under Section 10AA(8) and 10A(5) of the Income-tax Act, 1961, to March 31, 2025, for AY 2024-25.
