The Securities and Exchange Board of India (Sebi) has decided to implement timelines for the utilization of funds raised through New Fund Offers (NFOs) by asset management companies (AMCs) and has relaxed regulations regarding the alignment of interests between AMC employees and unitholders. Additionally, Sebi has mandated the disclosure of stress testing for all mutual … Read more
Black Money and Income tax return: The CBDT has launched a Compliance-Cum-Awareness Campaign for Assessment Year 2024-25 to support taxpayers in accurately completing Schedule Foreign Assets (Schedule FA) and reporting income from foreign sources (Schedule FSI) in their Income Tax Returns (ITR). Compliance with Schedule FA and FSI is compulsory under the Black Money (Undisclosed … Read more
The Reserve Bank of India (RBI) is planning to set up a public register of white-listed lending apps to curb the menace of illegal lending apps in the country. As part of the new step, the central bank is looking to create an agency, Digital India Trust Agency (DIGITA), that will enable verification of digital … Read more
Congress President Mallikarjun Kharge addresses a press conference in Ahmedabad, Monday, November 28, 2022. | Photo Credit: PTI Congress President Mallikarjun Kharge on Sunday strongly pitched for organisational accountability from top to bottom, and said those unable to fulfil their responsibilities will have to make way for their colleagues. In his opening remarks at the … Read more
COVID-19 pandemic crisis has taught us best practices in terms of not only making right investments but also how to manage the current crisis Awareness, Accessibility, Affordability, Accountability and Quality have become key drivers to give the renewed push to the healthcare sector as the raging COVID-19 pandemic crisis has brought the world together in … Read more