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RBI Announces List of NBFCs in Upper Layer for 2023-24

September 14, 2023 37242 Views 0 comment Print

RBI has released list of NBFCs in Upper Layer under Scale Based Regulation for NBFCs for 2023-24. Learn more about classification and regulatory framework.

Government Imposes 30-Day Invoice Reporting Limit for Large Taxpayers

September 13, 2023 28230 Views 2 comments Print

Stay informed about the new time limit for reporting old invoices on the e-invoice IRP portals for taxpayers with AATO greater than 100 crores starting from November 1, 2023.

Shri Amarjeet Singh takes charge as Whole Time Member, SEBI

September 1, 2023 801 Views 0 comment Print

Shri Amarjeet Singh took charge as Whole Time Member, SEBI, in Mumbai today. Prior to this assignment he was Executive Director in SEBI.

93% of ₹2000 Banknotes in Circulation as of May 19, 2023 Returned

September 1, 2023 675 Views 0 comment Print

Reserve Bank of India’s decision to withdraw ₹2000 banknotes has been highly effective, with 93% of these notes already returned from circulation.

Advisory on Introducing Electronic Credit Reversal and Reclaimed statement

August 31, 2023 18246 Views 0 comment Print

A new ledger namely Electronic Credit and Re-claimed Statement is being introduced on the GST portal. This statement will help the taxpayers in tracking of their ITC that has been reversed in Table 4B(2) and thereafter re-claimed in Table 4D(1) and 4A(5) for each return period, starting from August return period.

SEBI initiates Third Tranche of Investor Distribution in IPO Irregularities Case

August 24, 2023 2709 Views 0 comment Print

SEBI initiates third round of distribution to affected IPO investors from 2003-2005 irregularities. Get insights on the Wadhwa Committee, disbursement details, and more.

RBI Launches UDGAM Portal for Unclaimed Deposits – Easy Access to Funds

August 17, 2023 2079 Views 0 comment Print

RBI introduces UDGAM portal, facilitating easy access to unclaimed deposits across multiple banks. Users can claim their funds or reactivate accounts.

RBI Launches Frictionless Credit Tech Platform: Pilot Project

August 14, 2023 1041 Views 0 comment Print

Introduction: On August 14, 2023, the Reserve Bank of India (RBI) unveiled plans to initiate a pilot project for a Public Tech Platform for Frictionless Credit. This initiative is in alignment with the Statement on Developmental and Regulatory Policies released on August 10, 2023. The platform is being developed by the Reserve Bank Innovation Hub […]

SEBI Annual Report Clarification: Difficult To Recover Cases

August 10, 2023 624 Views 0 comment Print

SEBI addresses news misinterpretation of Annual Report data. Learn about 692 ‘Difficult To Recover’ cases, their composition, and recovery details as of March 31, 2023.

RBI Monetary Policy Aug 2023: Repo Rate Unchanged at 6.50%

August 10, 2023 2037 Views 0 comment Print

Read about the RBI’s August 2023 monetary policy decisions. The repo rate remains steady, with a focus on aligning inflation to the target while supporting growth.

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