SEBI has amended FPI regulations to allow resident Indians to participate more in IFSC-based FPIs. Changes include new rules for retail schemes and increased contribution limits.
SEBI is amending regulations to widen the definition of ‘Strategic Investor’ for InvITs and REITs, aiming to attract a broader base of institutional investors.
SEBI is considering opening new local offices in state capitals to enhance regulatory oversight, investor education, and market intelligence across India.
SEBI’s new proposals mandate two Executive Directors for critical MII functions, define management roles, and restrict external directorships to strengthen governance.
The Supreme Court has canceled bail for Ranjit Kakoti, the main accused in the Dibrugarh TradingFX scam, overturning a Gauhati High Court order.
A Chartered Accountants’ association requests an extension for tax audit and 12A renewal due dates, citing portal issues, festive season, and other delays.
NCH now enables GST grievance redressal under Next-Gen GST Reforms 2025, offering a dedicated category for complaints via INGRAM, toll-free 1915, and digital modes.
Laghu Udyog Bharati seeks extension of due date for filing Tax Audit Reports and ITR for AY 2025-26, citing portal issues, delays, and disruptions.
The Institute of Chartered Accountants of India has extended the deadline for the Multipurpose Empanelment Form (MEF) to October 10, 2025.
ICAI provides a one-year relaxation for two new Guidance Notes on financial statements for non-corporate entities and LLPs, making their application voluntary for 2024-25.