Author: Taxmann

RBI Expands Scope of Overseas Portfolio Investments to Include All Instruments Issued by Overseas Investment Funds

Circular No. RBI/2024-25/41 A.P. (DIR … Continue reading “RBI Expands Scope of Overseas Portfolio Investments to Include All Instruments Issued by Overseas Investment Funds”

SEBI Proposes Allowing Mutual Funds to Buy Below Investment Grade Bonds With Protection From Investment Grade CDS Issuers

SEBI Consultation Paper, Dated: 07.06.2024 … Continue reading “SEBI Proposes Allowing Mutual Funds to Buy Below Investment Grade Bonds With Protection From Investment Grade CDS Issuers”

IFSC Authority Sets Norms for Bookkeeping, Accounting, Taxation, and Financial Crime Compliance Services for IFSCs

Notification No. IFSCA/GN/2024/003, Dated: 04.06.2024 … Continue reading “IFSC Authority Sets Norms for Bookkeeping, Accounting, Taxation, and Financial Crime Compliance Services for IFSCs”

HC Remanded Matter as Documents Produced by Assessee Were Disregarded and Order Was Passed by Merely Reproducing SCN

Case Details: Jai Bhairav Stones … Continue reading “HC Remanded Matter as Documents Produced by Assessee Were Disregarded and Order Was Passed by Merely Reproducing SCN”

SEBI Issues Guidelines on ‘Anti-money Laundering Standards and Combating Financing of Terrorism’ for Intermediaries

Master Circular No. SEBI/HO/MIRSD/MIRSDSECFATF/P/CIR/2024/78; Dated: … Continue reading “SEBI Issues Guidelines on ‘Anti-money Laundering Standards and Combating Financing of Terrorism’ for Intermediaries”