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Interest on late payment of fee by entities undertaking permissible activities in IFSC

February 26, 2025 858 Views 0 comment Print

Learn about the IFSCA’s revised policy on late payment of fees, including interest rates, fee calculations, and updated rules effective March 1, 2025.

IFSCA Amends Framework for Aircraft Lease with Indian Residents

February 26, 2025 615 Views 0 comment Print

IFSCA updates Aircraft Lease Framework, modifying rules for transactions with Indian residents. New guidelines for asset acquisition by Lessors in IFSCs.

SEBI Issues Industry Standards for LODR Regulation 30 Compliance

February 25, 2025 2922 Views 0 comment Print

SEBI mandates listed entities to follow industry standards for disclosing material events under Regulation 30 of LODR Regulations, ensuring compliance and transparency.

SEBI Allows Demat Accounts for Association of Persons

February 25, 2025 1113 Views 0 comment Print

SEBI permits Association of Persons (AoP) to open demat accounts for holding mutual funds, corporate bonds, and government securities under specified conditions.

IFSCA Mandates FIU-IND Portal Registration for Compliance

February 25, 2025 1893 Views 0 comment Print

IFSCA requires regulated entities to register on FIU-IND FINGate 2.0 for AML, CFT, and KYC compliance. Non-compliance may lead to licensing breaches.

Select Committee of Lok Sabha to examine Income-Tax Bill, 2025

February 25, 2025 1404 Views 0 comment Print

Details of the Lok Sabha Select Committee’s sittings on March 6-7, 2025, to examine the Income-Tax Bill, 2025, with oral evidence sessions by ICAI, EY, FICCI, and CII.

CCI Issues Regulations on Recovery of Monetary Penalties

February 25, 2025 1296 Views 0 comment Print

The Competition Commission of India (CCI) notifies new regulations for recovering monetary penalties, detailing procedures for demand notices, refunds, and enforcement.

IBBI Penalizes IP for Not Filing Revised Creditor List with Adjudicating Authority

February 25, 2025 1089 Views 0 comment Print

IBBI’s Disciplinary Committee reviews allegations against Insolvency Professional Sandeep Goel for non-compliance in CIRP cases, issuing its final order.

India Imposes 20% Countervailing Duty on Saccharin Imports

February 25, 2025 1125 Views 0 comment Print

India imposes a 20% countervailing duty on saccharin imports from China for five years to prevent subsidization and protect domestic industry.

RBI Revises Risk Weights on Microfinance Loans

February 25, 2025 1092 Views 0 comment Print

The RBI has revised risk weights on microfinance loans, setting them at 100% for RRBs and LABs while excluding consumer credit microloans from higher risk weights.

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