India’s securities regulator has swiftly responded to suspected abuses in the recently launched closing auction mechanism, suspending trading for a JPMorgan-linked entity and a domestic broker amid allegations of price distortion on its first day of heavy use. India’s market…
The Indian government introduces a disclosure scheme for small taxpayers to regularise overseas assets, seeking to enhance compliance without penalising genuine family remittances amid tightening scrutiny of foreign remittances. India’s income-tax authorities are right to tighten scrutiny of foreign remittances…
India’s mutual fund houses face new guidelines to ease inheritance claims, allowing reliance on recent addresses and flexible document verification, aiming to speed up process times and reduce procedural delays. India’s mutual fund houses have been told to make it…
Taxpayers in India can recover missed tax collected at source (TCS) credits by filing a revised return within the deadline, ensuring proper reporting in Form 26AS and AIS, with step-by-step guidance provided to maximise refunds. If taxpayers forget to claim…
India’s merchandise exports defied expectations by rising nearly 10% in the March-June period despite disruptions caused by the West Asia conflict, thanks to strategic diversion into alternative markets like China and Hong Kong. India’s export performance held up better than…
The National Stock Exchange of India is on the verge of launching its long-awaited initial public offering after receiving clearance from SEBI, signalling a significant milestone amid India’s rapid growth in retail investor participation and market development. At a capital…
Buyers of used cars must pay close attention to insurance details, including transfer procedures, claim history, and no-claim bonuses, to avoid legal and financial pitfalls. Experts advise separate checks and proper documentation to ensure seamless ownership and cover continuity. Buying…
India’s markets regulator SEBI has taken enforcement action against two trading firms accused of orchestrating price swings to profit from derivatives, highlighting challenges in the phased rollout of the new closing auction mechanism. India’s markets regulator has moved against two…
A resident of Dehradun has sought legal action against a ₹12 crore investment scam involving online cryptocurrency and forex platforms, with police in Raipur registering a case following court intervention amidst wider investigations linked to similar schemes. A Dehradun resident…
Indian companies expanding internationally face hidden costs and compliance hurdles due to domestic payment gateways’ limitations. Razorpay advocates for specialised, transparent, multi-currency solutions to streamline transactions, reduce costs, and ensure regulatory compliance. Indian businesses that win orders abroad often discover…
