RBI provides guidelines for reclassifying Foreign Portfolio Investment (FPI) to Foreign Direct Investment (FDI) under new operational framework.
Clarifications on SB Order 05A/2024 regarding the regularization of accounts opened in deviation from National Small Savings Schemes rules.
SEBI denies Glenmark Life Sciences’ request for no-action relief, stating contra trade restrictions apply to its proposed share sale for minimum public shareholding compliance.
RBI mandates expanded reporting of foreign exchange transactions, including spot and tom deals, to the Trade Repository starting February 2025.
GST waiver scheme offers relief for tax disputes, waiving interest and penalties if full tax is paid by March 31, 2025.
CBIC revises insurance and bond value rules for CCSPs, reducing costs and aligning custodian bond validity with AEO-LO approval periods.
Maharashtra GST Department allows offline processing of audits for FY 2020-21 due to technical issues, with instructions for manual notice issuance.
SEBI provides informal guidance to CMS Info Systems on promoter disclosures and nominee shareholder roles under LODR and ICDR regulations.
SEBI clarifies Schedule II of Intermediaries Regulations, distinguishing applicability of fit and proper criteria for corporate entities vs. individuals under clause 3(b).
Adjudication order imposing penalties for non-compliance with Section 134(3)(b) of the Companies Act, 2013. Total penalty: ₹4,00,000. Learn more.
