SEBI released a consultation paper seeking public comments on enhancing the investor grievance handling mechanism. The proposal aims to strengthen the process by integrating the SEBI Complaint Redressal System (SCORES) with recently approved online dispute resolution (ODR) mechanism
The Securities and Exchange Board of India (SEBI) has issued a consultation paper proposing measures to enable direct participation by clients/participants in the tri-party repo segment for corporate bonds. The objective is to enhance liquidity in the corporate bond market and develop an active repo market. The proposal seeks to allow entities such as bodies […]
The Income Tax Department has enabled the Income-tax Returns Form ITR 1 and ITR 4 at the income tax e-filing portal in Online mode with prefilled data. The availability of prefilled data in Income-tax Returns Form ITR 1 and ITR 4 at the income tax e-filing portal for AY 2023-24 is a significant development by […]
Govt exempt individual payments made through international debit or credit cards up to Rs 7 lakh per financial year from LRS limits & these transactions will not attract TCS.
CBDT proposes changes to Rule 11UA in respect of ANGEL TAX- Also proposes to notify Excluded Entities In the Finance Act, 2023, an amendment has been introduced to bring the consideration received from non-residents for issue of shares within the ambit of section 56(2)(viib) of the Income-tax Act, 1961(the Act), which provides that if such […]
Cabinet approves Memorandum of Understanding (MOU) between Institute of Chartered Accountants of India (ICAI) and The Chartered Accountants of the Maldives The Union Cabinet, chaired by the Hon’ble Prime Minister Shri Narendra Modi, today approved the signing of Memorandum of Understanding between Institute of Chartered Accountants of India (ICAI) and The Chartered Accountants of the […]
Consultation Paper on proposed review of the definition of Unpublished Price Sensitive Information (UPSI) under SEBI (Prohibition of Insider Trading) Regulations, 2015 to bring greater clarity and uniformity of compliance in the ecosystem
Company Secretaries in Practice are allowed to be registered as Trade Marks Agent under Rule 144 of the Trade Marks Rules, 2017, read with the Company Secretaries Act, 1980 and the Regulations made thereunder.
QIBs are an important source of funding for issuers seeking to raise funds through private placement of listed debt securities. QIBs are major participants in public issues of debt securities.
Income Tax Department conducted search and seizure operations on a business group operating largely in North Bengal region of the State of West Bengal. The business group is controlled by a person with an active political background. Search was also conducted on his close business associate.
