Supervisory reviews have indicated divergent practices amongst REs with regard to levy of penal interest/charges leading to customer grievances and disputes.
Reserve Bank of India Date : Apr 10, 2023 RBI simplifies the application process for registration of Core Investment Companies The Reserve Bank has undertaken a comprehensive review of the system of processing of applications for registration as Core Investment Companies (CICs) to make the registration process smoother and hassle free. Accordingly, the application form has […]
L&T Mutual Fund Trustee Limited had requested SEBI regarding surrendering the registration granted to L&T Mutual Fund by SEBI to operate as a mutual fund.
RBI decided unanimously to keep policy repo rate unchanged at 6.50 per cent in this meeting with readiness to act, should situation so warrant.
IBBI published the syllabus of phase 8 of the LIE. The revised syllabus is applicable for the examination to be conducted with effect from 1st July 2023.
Yesterday The Chairperson of Stock Exchange Board of India had conducted a press conference in which Board have approved number of changes having far reaching effects on securities market. Lets understand them in detail – 1. Institutional Mechanisms To Detect Fraud SEBI recognized that brokers play a very important role in stock market day to […]
It is now mandatory for taxpayers to report a minimum of six-digit valid HSN code for their outward supplies having AATO of more than 5 crores in any previous financial year.
21/03/2023 As per provision of section 2(62) of The Companies Act, 2013 “One Person Company” is defined as a company which has only one person as member. Some issues have been raised by the persons registering as ‘One Person Company’ while they take GST registration. Upon analysis, it has been noticed that the option of […]
TRAI issues Directions to Access Providers to stop misuse of Headers and Message Templates, and to curb unauthorized promotions using telecom resources under TCCCPR-2018 To curb messages from unauthorized or unregistered telemarketers, including telemarketers using telephone numbers, Access providers have been directed to bar all Telemarketers, who are not registered on Distributed Ledger Technologies (DLT) […]
Every person who has been allotted a PAN to intimate Aadhaar Number to prescribed authority so that Aadhaar & PAN can be linked by 31.03.2023
