The government has authorised all non-rural branches of 19 banks to operate Capital Gains Account Scheme accounts, enhancing taxpayer access. The notification broadens the scheme’s reach while excluding rural branches.
The amendment introduces electronic payment modes for capital gains deposits and clarifies the effective date of deposit. It enhances taxpayer convenience and modernises compliance procedures.
SEBI cautions investors against using unregistered OBPPs lacking oversight and protection. Only SEBI-registered platforms should be used to ensure compliance and safety.
ROC Ahmedabad imposes penalties for delayed appointment of independent directors, noting 81 days of non-compliance and directing payment under Section 172.
ROC Ahmedabad imposes penalties for failure to include registered office details on company letterheads for multiple years, citing violation of Section 12(8).
The circular mandates stronger verification of applicant eligibility under Section 29A and requires RPs to present detailed compliance notes to the CoC. The key takeaway is enhanced scrutiny to ensure transparent and challenge-free resolution processes.
SEBI introduces a dedicated Accredited Investors only fund category and relaxes multiple obligations for such funds. The amendments simplify compliance and offer conversion options for existing AIFs.
The amendment introduces Schedule XII, replacing earlier monetary limits with turnover-linked thresholds for material related party transactions. It strengthens audit committee oversight and standardises approval requirements across listed entities.
The import of unstudded platinum jewellery (HS 71131921) is now restricted until April 2026, requiring DGFT approval for importers.
The notice outlines detailed guidance on filing financial results under Regulation 33, covering timelines, disclosure norms, and responsibilities for various categories of listed entities. It emphasizes mandatory reporting requirements and clarity in submissions.
