Daily Newsletter - January 15, 2024
Latest additions to CAalley:
News Update:
Exposure Drafts:
Legal Updates:
News Update:
Income tax benefits granted to 2,975 recognised startups: DPIIT
RBI proposes to increase total liquid assets bar for housing finance firms
RBI releases draft framework for fintech self-regulatory organisation
Sebi mulls liquidation flexibility for AIF, VCFs to deal with beyond tenure
Interim Budget may raise pension floor for unorganised sector workers
No import restrictions on certain IT products like desktop computers: DGFT
LIC receives notification for tax refund of Rs 25,464 crore for 7 AYs
RBI imposes Rs 2.49 crore penalty on 3 banks including Punjab & Sind
Sebi plans to allow voluntary freezing of clients’ trading account from July 1
Exposure Drafts:
Consultation Paper on providing flexibility to Alternative Investment Funds (AIFs), Venture Capital Funds (VCFs) and their investors to deal with unliquidated investments of their schemes beyond expiry of tenure
[Last date for Comments: February 2, 2024]
Review of regulatory framework for Housing Finance Companies (HFCs) and harmonisation of regulations applicable to HFCs and Non-Banking Finance Companies (NBFCs)
[Last date for Comments: February 29, 2024]
Credit/Investment Concentration Norms – Government owned NBFCs
[Last date for Comments: February 29, 2024]
Legal Updates:
The Competition Commission of India (General) Amendment Regulations, 2024
Credit/Investment Concentration Norms – Credit Risk Transfer
