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Circulars

FAQs – Corporate Governance

April 10, 2023 8223 Views 0 comment Print

Bombay Stock Exchange Notice No. 20230410-45 – Notice Date – 10 Apr 2023 Category: Circulars Listed Companies – Segment Equity Subject FAQ – Corporate Governance Dear Sir\Madam, With reference to all the earlier issued FAQs against the submission of Corporate Governance Report on the BSE website, please find annexed the frequently asked questions (FAQs) for guidance purpose. […]

Direct plan for schemes of AIFs & trail model for distribution commission

April 10, 2023 1557 Views 0 comment Print

Schemes of AIFs shall have an option of ‘Direct Plan’ for investors. Such Direct Plan shall not entail any distribution fee/ placement fee.

Guidelines for excusing or excluding an investor from investment of AIF

April 10, 2023 1233 Views 0 comment Print

AIF may excuse its investor from participating in a particular investment If investor, based on opinion of a legal professional/legal advisor, confirms that its participation in investment opportunity would be in violation of an applicable law or regulation

Compliances by Members of ICAI (CAs) while responding to tenders

April 9, 2023 3738 Views 0 comment Print

A member of the Institute in practice shall not respond to any tender issued by an organization or user of professional services in areas of services which are exclusively reserved for chartered accountants

IFSCA changes related to Voice Broking & Ship broking services

April 6, 2023 1161 Views 0 comment Print

Voice Broking services to entities in IFSCs or from outside India in relation to their business of banking and Ship broking for permitted activities under IFSCA Framework of Ship leasing.

SEBI advisory on brand/trade name use by Investment Advisers & Research Analysts

April 6, 2023 831 Views 0 comment Print

SEBI issued advisory on Usage of brand name/trade name by Investment Advisers (IA) and Research Analysts (RA) in their advertisements, websites, publications, correspondences with clients and various documents while marketing their services rather than their name as registered with SEBI. Advisory is applicable from 1st May 2023. Securities and Exchange Board of India Circular No. […]

Advertisement code for Investment Advisers & Research Analysts

April 5, 2023 1182 Views 0 comment Print

SEBI issued a circular on Advertisement code for Investment Advisers (IA) and Research Analysts (RA) to further strengthen the conduct of IAs and RAs, while issuing any advertisement. Circular specifies Forms of communication, Information/disclosures in the advertisement, Prohibitions in the advertisement and Other compliances/requirements. Securities and Exchange Board of India Circular No. SEBI/HO/MIRSD/ MIRSD-PoD-2/P/CIR/2023/51 Dated: April […]

IRDAI clarifies on Expenses of Management of Life Insurance business

April 5, 2023 777 Views 0 comment Print

Circular No. IRDAUF&I/CIR/E0M/84/4/2023 Date: 05th April 2023 IRDAI (Expenses of Management of insurers transacting Life Insurance business) Regulations 2023 – Clarifications.

TDS deduction on Salary – Old Regime- New Regime- CBDT clarified

April 5, 2023 29811 Views 1 comment Print

CBDT vide Circular No. 04/2023-Income Tax clarified that  Each year, employer shall seek information from each of its employees regarding their intended Tax Regime (Old or New under section 115BAC) and deduct TDS accordingly, If intimation is not made by an employee then his default tax regime is new Income Tax regime u/s 115BAC. CBDT […]

Interest rates for Small Savings Schemes PPF NSC etc. increased

March 31, 2023 12192 Views 0 comment Print

Interest rates of small saving schemes for the First quarter of financial year 2023-24 starting from 1st April, 2023 and ending on 30th June, 2023. Small saving schemes includes PPF, NSC, Senior Citizen Savings Schemes, Sukanya Samriddhi Account Scheme, Kisan Vikas Patra of GoI.

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