RBI governor Sanjay Malhotra has reaffirmed that upper-layer NBFCs must list, keeping Tata Sons subject to the requirement while its application to surrender core investment company status is considered. Reserve Bank of India Governor Sanjay Malhotra has renewed the central…
India’s markets regulator plans to let stock exchanges and depositories undertake certain investments without prior approval, subject to financial caps, board oversight and reporting requirements. India’s markets regulator has proposed a simpler approval process for stock exchanges and depositories, allowing…
RBI Governor Sanjay Malhotra says large non-banking finance companies and core investment companies must remain regulated when they can expose public funds to risks across sprawling corporate groups. The Reserve Bank of India says large non-banking financial companies and core…
A statewide campaign will train Jeevika self-help groups, officials, students and professionals to spot dubious schemes, verify investments and report cyber-enabled financial fraud. The Bihar government and the Securities and Exchange Board of India have agreed to work together on…
India’s markets regulator will allow research analysts to document institutional investor discussions through emails, messages or other verifiable records, easing compliance from 8 November 2026. India’s markets regulator has eased a compliance rule for research analysts, removing the mandatory requirement…
The court quashed reassessment proceedings over Grasim’s Vodafone Idea rights shares, ruling that a paper gap between issue price and fair market value is not taxable where ownership proportions remain unchanged. The Bombay High Court has ruled that a shareholder…
India’s tax department has introduced Form 173A for qualifying institutions and foreign investors claiming exemptions on government securities interest and capital gains, with detailed reporting required. India’s tax department has formalised a new reporting route for certain investors seeking relief…
A proposed discussion at the Employees’ Provident Fund Organisation’s 19 November trustees’ meeting could revive demands to raise the minimum EPS pension, unchanged since 2014, to Rs 7,500 plus dearness allowance. Millions of retired workers who rely on the Employees’…
Two adjoining flats may qualify as one residential house for capital gains tax exemption if they are physically connected and used as a single home, the Mumbai Income Tax Appellate Tribunal has ruled. A recent ruling by the Mumbai bench…
India’s insurance regulator has proposed a simplified distribution structure, tighter commission and incentive rules, and lower expense limits in a bid to cut costs, curb mis-selling and expand coverage. India’s insurance regulator has set out an ambitious plan to remake…
India will begin phasing in GST process changes on November 1, allowing eligible small e-commerce sellers to use marketplace warehouses for registration and access faster, automated refunds. India is set to begin rolling out a series of goods and services…
Edelweiss Mutual Fund has ended paused SIPs and STPs in six international schemes, while reopening its healthcare fund to new investments as India’s overseas allocation limits continue to constrain access. Edelweiss Mutual Fund has drawn a sharper line under its…
