Tag: Financial regulations

The Securities and Exchange Board of India (SEBI) is gearing up for its next board meeting on June 18, where a range of measures are expected to be approved. The aim is to simplify...

So, like, the income tax department just dropped a bomb on taxpayers, saying they can't claim deductions for expenses related to settlements under certain laws. This includes the SEBI Act, the Securities Contracts Act,...

Tuhin Kanta Pandey Steps into SEBI's New Role Amid Market TurbulenceAs Tuhin Kanta Pandey assumes the leadership of SEBI, the market regulator, he faces a challenging landscape marked by a downturn in the stock...

Tuhin Kanta Pandey Appointed as SEBI ChiefIn a significant development in the financial sector, Tuhin Kanta Pandey has been appointed as the new Chairman of the Securities and Exchange Board of India (SEBI). Pandey...

Asset Reconstruction Companies (ARCs) in India are gearing up for a pivotal shift as the Reserve Bank of India (RBI) has given them the green light to consider initial public offerings (IPOs) as a...

Reserve Bank of India Lifts Credit Card Ban on Kotak Mahindra BankIn a recent development, the Reserve Bank of India (RBI) has lifted the restrictions on Kotak Mahindra Bank (KMB) Ltd, allowing the bank...

The Income Tax Department recently announced an amendment regarding the eligibility for Income Tax exemption for Non-Banking Financial Company’s Infrastructure Debt Fund (IDF). This new notification allows IDF to issue three categories of instruments...

10 Entities Settle Sebi Case by Paying Rs 6cr in FinesIn a recent development that has sent shockwaves through the financial world, ten entities have reached a settlement with the Securities and Exchange Board...

Goldman Sachs AIF Investment Manager Fined by CCI for Not Disclosing Biocon DealIn a recent development in the financial world, the Competition Commission of India (CCI) has imposed a penalty of Rs 40 lakh...