RBI issues draft circular on regulatory principles for managing model risks in credit. Comments invited by Sept 4, 2024. Key guidelines for robust credit risk management.
New GST registration update for Jammu & Kashmir and West Bengal: Biometric Aadhaar authentication and document verification details effective August 2, 2024.
Discover the detailed gross and net GST revenue collections for July 2024. Learn about the growth trends and state-wise breakdown of GST revenues.
The Reserve Bank of India (RBI) has released a draft framework on alternative authentication mechanisms for digital payment transactions to enhance security in the digital payments ecosystem. Traditionally, SMS-based OTP has been the primary method for additional factor authentication (AFA). However, advancements in technology now offer alternative methods. The draft framework, announced in the RBI’s […]
RBI releases draft directions to enhance security and due diligence for AePS touchpoint operators, aiming to prevent fraud and protect customer interests. Comments open until August 31, 2024.
SEBI clarifies its stance on the T+0 settlement cycle, emphasizing potential savings from ASBA and correcting media misinterpretations about mandatory changes.
View the detailed report on gross and net GST revenue collections for June 2024. Learn about the growth percentages and year-to-date comparisons.
GST registration in Uttarakhand now includes biometric Aadhaar authentication and document verification. Learn the updated process and requirements.
Learn about the new FORM GSTR-1A, an optional facility to amend or add missed GST supply details before filing GSTR-3B. Available from August 2024 for all taxpayers.
RBI imposes fines on Manappuram, Ola Financial, and Visa for KYC and regulatory breaches. Find details on penalties and compounding orders here.
