The consultation paper proposes a regulatory framework governing preferential issues and QIPs by IFSC-listed entities, focusing on disclosure norms, investor protection, and streamlined capital raising.
The draft regulations aim to curb insider trading, market manipulation, and fraudulent practices in IFSC securities markets while replacing existing SEBI rules.
The proposed regulations prescribe timelines, subscription periods, allotment procedures, and monitoring of issue proceeds for rights issues by IFSC-listed entities. The framework seeks to ensure orderly and transparent capital raising.
Rules 307–311 of the Draft Income-tax Rules, 2026 outline how pension funds must purchase annuities, restrict commutation, prevent employer claims on fund money, and ensure employee benefits even if the business closes.
Draft Income-tax Rules 2026 prescribe definitions, trust conditions, investment rules, and limits on employer contributions for approved superannuation funds to ensure proper governance and compliance.
Draft Income-tax Rules 2026 outline procedures for provident fund recognition, penalties for assigning PF interest, and tax treatment when recognition is withdrawn.
Draft Income-tax Rules 2026 require provident fund nominations to favour family members and mandate annual account reporting by trustees and employers to ensure transparency and compliance.
A strategic partnership between Odisha and Zimbabwe could link Africa’s mineral wealth with Odisha’s industrial infrastructure, strengthening steel, battery materials, and manufacturing sectors.
Rule 333 mandates electronic tax payments for companies and specified taxpayers, while the draft rules also prescribe detailed depreciation rates for various tangible and intangible assets.
Rule 332 of the Draft Income-tax Rules 2026 allows the CBDT to mandate electronic submission of tax forms and documents to streamline compliance, enable secure verification, and improve record management.
