The Authority introduced frameworks for preferential issues, QIPs, and rights issues to streamline capital raising. The move aims to enhance access to funding and strengthen capital markets within IFSC.
The consultation highlights that existing net worth calculations based on retained client funds are no longer effective. A revised framework is proposed to better reflect broker risk exposure and ensure investor protection.
The draft circular addresses issues in managing unpaid client securities and proposes changes to the existing pledge framework. It introduces timelines, flexibility, and clarity while maintaining investor protection safeguards.
The Institute has proposed syllabus changes to align with modern industry, regulatory, and technological needs. Stakeholders are invited to share inputs to shape a more practical and skill-based curriculum.
The representation highlights ambiguity in whether the ₹2.5 crore ITC threshold should be annual or cumulative. It emphasizes that lack of clarity may delay genuine cancellation requests and create hardship for small taxpayers.
The tax department clarified that no search or restriction was carried out against the individual. It termed the allegations baseless and factually incorrect.
Authorities arrested the key accused for orchestrating fake ITC claims and fictitious export transactions. The case highlights strict enforcement against large-scale GST refund fraud using shell entities.
The issue highlights a new agreement between financial regulators of both countries. The key takeaway is that the MoU promotes collaboration, transparency, and stronger financial ecosystems.
IFSCA approved the first foreign family office fund under its 2025 regulations. The move strengthens GIFT IFSC’s position as a global destination for private wealth management.
Commerce Ministry reforms DGFT Norms Committees to improve disposal of Advance Authorisation applications and strengthen export facilitation processes.
