financial regulations

Bengaluru, March 23 The Karnataka Legislative Assembly passed the Karnataka Tax on Professions, Trades, Callings and Employments (Amendment) Bill, 2026, on Monday, aimed at simplifying compliance and reducing the procedural burden on taxpayers.Explaining the provisions, state Revenue Minister...

New Delhi, March 19 Accuracap Prime Opportunities Fund, its manager Accuracap Technologies LLP, and four officials have settled a violation of Alternative Investment Fund (AIF) norms case with market regulator Sebi, after paying Rs 21.75 lakh under the settlement mechanism.The four officials...

New Delhi, March 18 A total of 111 entities have settled pending enforcement proceedings with the market regulator, Sebi, under a settlement scheme introduced for stock brokers associated with certain algorithmic trading platforms.The entities paid Rs 1 lakh each to settle the matter...

New Delhi, March 17 Standard Chartered Bank has settled with the capital markets regulator, Sebi, a case alleging violations of FPI rules and other regulatory norms, after paying Rs 57.20 lakh towards settlement charges.Following the receipt of the settlement amount by Sebi, the adjudication...

New Delhi, March 17 The government has imposed penalties totaling nearly Rs 20 crore on various companies for non-compliance with CSR norms in the last three financial years.Under the Companies Act, certain profitable firms are required to spend at least 2% of their three-year annual average...

New Delhi, March 15 A parliamentary panel has asked the income tax department to set up an 'Expert Litigation Committee' to review tax dispute cases before filing appeals in the High Courts or the Supreme Court, and has called for a "paradigm shift" in the department's approach to litigation...

New Delhi, March 15 The Ministry of Finance has amended the rules for minimum public offers floated by companies to get listed on stock exchanges and linked it with post-issue capital.The Securities Contracts (Regulation) Amendment Rules, 2026, notified on March 13, states that companies with...

New Delhi, March 13 The capital markets regulator, Sebi, imposed a fine of Rs 10 lakh on Anand Rathi Share and Stock Brokers for multiple violations of regulatory norms.The order came after Sebi conducted a thematic inspection of Anand Rathi Share and Stock Brokers to examine their compliance...

March 13, Kohima: Procedures for police recruitment were discussed in the Nagaland Assembly on Thursday.During the question hour, MLA Achumbemo Kikon raised concerns about the 300 rupee application fee for police constable recruitment.He noted that many applicants come from economically...

New Delhi, March 12 A parliamentary panel on Thursday asked the Income Tax department to conduct "rigorous stress and load testing" of its e-filing portal and the entire IT infrastructure to ensure that there are no glitches when the new Act comes into effect from April 1.The Income Tax...

New Delhi, March 9 As many as 29 venture capital funds, including LICHFL Fund, settled with the market regulator Sebi on Monday, resolving a case of alleged violation of VCF norms after paying nearly Rs 2 crore towards settlement charges.The settlements were made under Sebi's venture capital...

New Delhi, March 9 Approximately 72 crore Basic Savings Bank Deposit Accounts (BSBDAs), including those under the PM Jan Dhan scheme, are not subject to any penalties for failing to maintain a minimum balance, Finance Minister Nirmala Sitharaman said on Monday.In a written reply to a question...

New Delhi, March 9 The capital market regulator, Sebi, is examining the application seeking the voluntary exit of the Calcutta Stock Exchange (CSE) from its business, said Minister of State for Finance Pankaj Chaudhary on Monday.In a written reply to a question in the Lok Sabha, Chaudhary said...

New Delhi, March 5 Nexus Select Mall Management has settled allegations of violating REIT (Real Estate Investment Trust) norms with market regulator Sebi after paying a settlement fee of Rs 24.37 lakh.In its order on Wednesday, Sebi said that Nexus Select Mall Management had remitted the...

New Delhi, February 26 The capital markets regulator, Sebi, on Thursday revised the valuation methodology for physical gold and silver held by mutual fund schemes, mandating the use of polled spot prices published by stock exchanges for calculating their value.The spot prices used for settling...

New Delhi, February 26 – The Securities and Exchange Board of India (SEBI)'s decision to introduce a new category of mutual funds – Life Cycle Funds – with a tenure ranging from 5 to 30 years is a significant step for goal-based investing, experts said on Thursday.In its circular, SEBI stated...

Kolkata, February 26 The Reserve Bank of India has approved a proposal by SBI Mutual Fund to acquire an aggregate holding of up to 9.99 per cent in Bandhan Bank, according to a regulatory filing on Thursday.Bandhan Bank informed stock exchanges that the RBI, through a letter dated February 25...

New Delhi, February 26 The securities regulator, Sebi, on Thursday announced a revamped framework for classifying mutual fund schemes, introducing Life Cycle Funds, while scrapping the Solution Oriented Schemes category and tightening disclosure and overlap norms to enhance uniformity and...

Washington, February 24 – US Senate Democrats have introduced legislation to force the Trump administration to refund billions of dollars in tariffs after the Supreme Court ruled them unlawful.US Senator Ben Ray Lujan said that President Donald Trump "ignited a global trade war the moment he...

Mumbai, February 23 The capital markets regulator, Sebi, will be conducting a review of the regulations governing portfolio management services (PMS), Chairman Tuhin Kanta Pandey said on Monday."We propose to carry out a comprehensive review of the SEBI (Portfolio Managers) Regulations, 2020...