Daily Newsletter - February 9, 2024
Latest additions to CAalley:
News Update:
Exposure Drafts:
Legal Updates:
News Update:
RBI cancels Certificate of Registration of Three NBFCs
Elon Musk’s Tesla can apply for battery PLI sops: Heavy Industries Ministry
Aadhaar frauds: RBI ready with masterplan to curb Aadhaar-enabled payment system (AePS) scams
SEBI bars 15 guest experts of Zee Business channel for unlawful trading, fines them ₹7.41 crore
GST raids expose retail chain’s over Rs 100 crore tax evasion in Hyderabad
Latest EPFO rules: How to unblock inoperative EPF account, settle claims
IBC review proposed to speed up resolutions
ITAT upholds cap-gain exemption to Mauritius entity, for shares acquired prior to April 1, 2017
RBI proposes alternate authentication framework, streamlining in AePS
Sebi becomes stern grammarian: Companies asked to use simple language
RBI to introduce offline digital rupee transactions soon: Governor Das
RBI holds policy rates, stance unchanged over inflation concerns
Irdai proposes revising coverage across sectors to secure insurance for all
LS passes Finance Bill, completes exercise for interim budget 2024-25
EPFO mulls reinvesting 50% of ETF redemption proceeds in equity market
NPCI working on Digital Payments Score to scale up credit economy in India
Sebi mulls relaxation in timelines for FPIs' material change disclosures
Exposure Drafts:
Consultation paper on the proposed International Financial Services Authority (Payments Regulatory Board) Regulations, 2024
[Last date for Comments: February 23, 2024]
Consultation Paper on Relaxation in Timelines for Disclosure of Material Changes by Foreign Portfolio Investors
[Last date for Comments: February 28, 2024]
Consultation Paper on framework for providing flexibility to FPIs in dealing with their securities post expiry of their registration
[Last date for Comments: February 28, 2024]
IRDAI (Rural, Social Sector and Motor Third Party Obligations) Regulations, 2024
[Last date for Comments: February 27, 2024]
Legal Updates:
DTAA with Samoa [Notification No.21]
Reporting Norms for Capital Market Intermediaries
Format and manner of seeking authorisation as Payment Service Provider
Review of Fixed Remuneration granted to Non-Executive Directors (NEDs)
Participation of Indian Banks on India International Bullion Exchange IFSC Limited (IIBX)
Corrigendum to Public Notice no. 28/2023 dated 18.08.2023