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Fair Practices Code for Lenders – Charging of Interest

April 29, 2024 2652 Views 0 comment Print

RBI issues directive on fair interest charging practices for lenders, highlighting instances of unfairness and transparency concerns. Read more.

Relaxed Intimation Rules for AIFs’ Private Placement Changes via Merchant Bankers

April 29, 2024 1746 Views 0 comment Print

SEBI relaxes filing requirements for changes in Private Placement Memorandum terms by Alternative Investment Funds (AIFs) directly with SEBI, reducing compliance costs. 

Non-disclosure of Related Party Transactions in Form AOC-2: MCA Imposes ₹4 Lakh Penalty

April 29, 2024 1530 Views 0 comment Print

The MCA imposes a Rs 4 lakh penalty on Trichy Fabricators Pvt Ltd for failing to disclose related party transactions in Form AOC-2. Learn more about the adjudication order.

Enhancing Efficiency in CGST: Replicating Functional Basis Model – CBIC Update

April 29, 2024 1215 Views 0 comment Print

Discover the latest developments from the Central Board of Indirect Taxes & Customs regarding the reorganization of CGST zones and successful interceptions against smuggling activities. Stay informed with CBIC’s newsletter.

Draft Master Direction – RBI (Electronic Trading Platforms) Directions, 2024

April 29, 2024 1350 Views 0 comment Print

Learn about the Reserve Bank of India’s Draft Master Direction for Electronic Trading Platforms 2024. Comments invited till May 31, 2024. Get insights and submit feedback now!

NSE Master Circular: Guidelines for Listed Companies

April 29, 2024 1515 Views 0 comment Print

Stay updated with NSEs master circular containing guidelines for listed companies on listing approvals and compliance. Ensure continuous regulatory compliance.

NFRA Imposes ₹60 Lakh Penalty on CMIL Auditor & Debars Auditor for 2 Years

April 26, 2024 16401 Views 1 comment Print

NFRA issues Order against Krishna Neeraj & Associates and CA Krishna Kr Neeraj for professional misconduct in CMIL’s audit, imposing penalties and sanctions.

NFRA imposes ₹1.60 Crore Penalty on RHFL Auditors & Audit Firm

April 26, 2024 38004 Views 2 comments Print

National Financial Reporting Authority’s order penalizes M/s Dhiraj & Dheeraj and auditors for misconduct in the audit of Reliance Home Finance Limited.

RBI Circular: Limits for investment in debt & sale of Credit Default Swaps by FPIs

April 26, 2024 1668 Views 0 comment Print

Get insights on RBI Circular 03/2024 detailing FPI investment limits for 2024-25 and guidelines for Credit Default Swaps. Stay informed with the latest regulations.

Small Finance Banks Transitioning to Universal Banks: Guidelines & Process

April 26, 2024 1992 Views 0 comment Print

Learn about RBI guidelines for Small Finance Banks transitioning to Universal Banks voluntarily. Know eligibility, process, and implications

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