SEBI's new AI tool, developed in-house, will significantly reduce the time taken for IPO application clearance, automating 80% of LODR compliance checks....
The Reserve Bank of India (RBI) has extended the deadline for the introduction of a new penal charges regime by three months to ensure a seamless transition for borrowers. Originally scheduled to take effect on January 1, 2024, the implementation will ...
The Income Tax (I-T) department has prompted widespread concerns and discussions on social media. The messages highlight discrepancies between the income disclosures in taxpayers' returns and the information provided by reporting entities, creating a sense of urgency as the deadline for ...
The Securities and Exchange Board of India (SEBI) has extended the deadline for mutual fund and demat account holders to nominate a beneficiary or opt-out. The regulatory authority has pushed the deadline from December 31, 2023, to June 30, 2024, based ...
As the clock ticks down to December 15, taxpayers are reminded that the deadline for paying the third instalment of advance tax is just around the corner. This obligation, often overlooked by salaried individuals relying on TDS, is a mandatory requirement ...
The Securities and Exchange Board of India (SEBI) has unveiled plans to relax certain provisions of the insider trading law. The proposed changes, outlined in a discussion paper on the regulator's website, aim to simplify the process for company management to ...
Binance Holdings Ltd and its CEO, Changpeng Zhao, have pleaded guilty to charges of anti-money laundering and violating US sanctions. The sweeping settlement, one of the largest in US corporate history, comes after a lengthy investigation by the Justice Department, Treasury ...
The Reserve Bank of India (RBI) has penalised Mahindra & Mahindra Financial Services Ltd, located in Mumbai, Indian Bank, and Muthoot Money Limited situated at Ernakulam, for non-compliance with various regulations as per Times now reporting. According to the ...
The country's central bank RBI has imposed a penalty to the tune of Rs. 1 crore on SBI- the country's leading PSU Bank for flouting sub-section (2) of section 19 of the Banking Regulation Act, 1949 (the Act). In ...
In view of the glitches in the new portal which has been given a deadline to be free from any glitches until September 15, there is supposed that ITR filing may be further extended. This is because even experienced Chartered Accountants ...
Centre amid glitches in the new tax portal as well as in view of the Covid situation has granted relief in respect of the number of compliances: Here are some important reliefs: 1. For the employer who is required ...
Amid the pandemic, taxpayers are facing hassles to complete their tax related compliance issues. In a bid to ease their trouble, the government has given a relief in respect of the timeline for various compliances. The relief has been ...