Market regulator Securities and Exchange Board of India (Sebi) on Friday directed all Sebi registered intermediaries uploading or publishing advertisements on social media platforms (SMPs) like Google and Meta, to register on these platforms using their email ids and mobile numbers as registered on SEBI SI Portal. These social media platform providers will then carry … Read more
The Securities and Exchange Board of India (SEBI) has introduced a framework for a new type of investment product known as the Specialized Investment Fund (SIF). This category is intended to serve as a middle ground between Mutual Funds (MFs) and Portfolio Management Services (PMS). The new framework is scheduled to be implemented from April … Read more
Mumbai: The Securities and Exchange Board of India’s latest prescription on how investment advisors and research analysts should do business may hit some outside its target area. Various independent equity research firms providing stock investment ideas to investors are shutting shop or are in the process of closing as they find the new rules onerous … Read more
The Securities and Exchange Board of India (SEBI) has recently launched the Mutual Funds Lite (MF Lite) framework to streamline compliance for entities launching passively managed mutual fund schemes. This initiative aims to enhance investment diversification and facilitate the entry of new players into the mutual fund industry. What is Mutual Fund Lite? Mutual Fund … Read more
In a bid to improve transparency, compliance the lending process further, the Reserve Bank of India (RBI) has reset norms for Non Banking Financial Company-Peer to Peer Lending Platforms (NBFC-P2P Lending Platform). The step has been initiated to take action in light of certain practices conducted by a few Peer-to-Peer (P2P) platforms that have been … Read more
ITR deadline: The Income Tax Department permits individuals to submit condonation requests for delayed e-verification or filing of income tax returns. Condonation of delay is the process of requesting the Income Tax Department for allowing you to verify your ITR (after 120 days of filing your ITR) or submit your ITR (after the last date of … Read more