posted: "The Finance Act, 2021 has inserted a new clause (4E) under section 10 to exempt any income received by a non-resident due to the transfer of non-deliverable forward contracts entered into with an offshore banking unit of IFSC. The CBDT has notified Rule 2"
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posted: "The SEBI, on the request received from Association of Mutual Funds in India (AMFI), has decided to extend the date of implementation of Risk Management Framework to April 01, 2022 which was to be effective from January 01, 2022. Also, SEBI specified norms"
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posted: "The Reserve Bank of India has made the 'Legal Entity Identifier' (LEI) mandatory for cross-border transactions for capital or current account transactions worth Rs 50 crore and above. LEI is a 20-digit number used to uniquely identify parties to financial"
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posted: "With a view to providing relevant information to investors about the various activities pertaining to AIFs, the SEBI has prepared an Investor Charter (IC) for AIFs. IC is a brief document containing details of services provided to investors, details of g"
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posted: "The Income Tax Department has carried out search and seizure operations in Gujarat amp; West Bengal. Investigations on groups based in West Bengal revealed that these groups had booked bogus purchases of around Rs. 250 crore. Further, the search action o"
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