Insights

SEBI Circular – Foreign investment in Alternative Investment Funds

SEBI Circular – Schemes of AIFs which have adopted priority in distribution among investors

SEBI Issues FAQs for AIF Registration

RBI Concept Note on Central Bank Digital Currency

Participation of Foreign Portfolio Investors in Exchange Traded Commodity Derivatives in India

SEBI Circular on “Modification in the Operational Guidelines for FPIs”

SEBI’s FPI committee likely to review following matters

Framework on Social Stock Exchange (SSE)

SEBI constitutes ‘FPI Advisory Committee (FAC)’

Liberalisation of Forex Flows

Investments from UAE face tighter scrutiny (ET Article – 30 June 2022)

Advustment in Derivative Contracts for Dividend Announcement

SEBI Circular on Development of Passive Funds

Guidelines for seeking NOC by Stock Brokers / Clearing Members for setting up Wholly Owned Subsidiaries, Step Down Subsidiaries, Joint Ventures in GIFT IFSC

FPI Registration Certificate (original as well as name change) to be granted by DDPs – Recent amendment to SEBI FPI Operational Guidelines

Limits for investment in debt and sale of Credit Default Swaps by Foreign Portfolio Investors (FPIs) for the financial year (FY) 2022-23

Press Release on Statement on Developmental and Regulatory Policies – 18 April 2022

Compliance Function and Role of Chief Compliance Officer (CCO) – NBFCs

Draft guidelines for public comments on ‘Processing and Settlement of small value Export and Import related payments

Framework for Geo-tagging of Payment System Touch Points

Revision in Orders Per Second (OPS) limit for algorithmic trading in Commodity Derivatives

SEBI – Change in UPI Limits (Public Issue of Debt Securities)

Cryptocurrencies – Keynote Address by Dy Gorvernor, RBI

Voluntary Retention Route (VRR) – Enhancement of Limits

Today Reserve Bank of India had announced Bi-monthly Monetary Policy…

Master directions section on the RBI website has been updated w.r.t. the following:

1) Non-Banking Financial Company – Housing Finance Company…

Amended Factoring Regulations widens the scope of companies that can undertake factoring business

The Act has empowered the RBI…

Framework for operationalizing the Gold Exchange in India

Today vide Circular dated 10 January 2022, SEBI has issued framework…

Framework for facilitating small value digital payments in offline mode

With an objective of giving push to digital transactions, especially in areas with…

REIT for Retail

It was in the news that Blackstone India part of US headquarter investment company…

India’s Semiconductor Policy

Indian Union Cabinet has cleared its semiconductor policy. As…

General permission for infusion of capital in overseas branches and subsidiaries and retention/ repatriation/ transfer of profits

With effect from 8th December 2021, with an objective…

SEBI Circular – Foreign investment in Alternative Investment Funds

SEBI Circular – Schemes of AIFs which have adopted priority in distribution among investors

SEBI Issues FAQs for AIF Registration

RBI Concept Note on Central Bank Digital Currency

Participation of Foreign Portfolio Investors in Exchange Traded Commodity Derivatives in India

SEBI Circular on “Modification in the Operational Guidelines for FPIs”

SEBI’s FPI committee likely to review following matters

Framework on Social Stock Exchange (SSE)

SEBI constitutes ‘FPI Advisory Committee (FAC)’

Liberalisation of Forex Flows

Investments from UAE face tighter scrutiny (ET Article – 30 June 2022)

Advustment in Derivative Contracts for Dividend Announcement

SEBI Circular on Development of Passive Funds

Guidelines for seeking NOC by Stock Brokers / Clearing Members for setting up Wholly Owned Subsidiaries, Step Down Subsidiaries, Joint Ventures in GIFT IFSC

FPI Registration Certificate (original as well as name change) to be granted by DDPs – Recent amendment to SEBI FPI Operational Guidelines

Limits for investment in debt and sale of Credit Default Swaps by Foreign Portfolio Investors (FPIs) for the financial year (FY) 2022-23

Press Release on Statement on Developmental and Regulatory Policies – 18 April 2022

Compliance Function and Role of Chief Compliance Officer (CCO) – NBFCs

Draft guidelines for public comments on ‘Processing and Settlement of small value Export and Import related payments

Framework for Geo-tagging of Payment System Touch Points

Revision in Orders Per Second (OPS) limit for algorithmic trading in Commodity Derivatives

SEBI – Change in UPI Limits (Public Issue of Debt Securities)

Cryptocurrencies – Keynote Address by Dy Gorvernor, RBI

Voluntary Retention Route (VRR) – Enhancement of Limits

Today Reserve Bank of India had announced Bi-monthly Monetary Policy…

Master directions section on the RBI website has been updated w.r.t. the following:

1) Non-Banking Financial Company – Housing Finance Company…

Amended Factoring Regulations widens the scope of companies that can undertake factoring business

The Act has empowered the RBI…

Framework for operationalizing the Gold Exchange in India

Today vide Circular dated 10 January 2022, SEBI has issued framework…

Framework for facilitating small value digital payments in offline mode

With an objective of giving push to digital transactions, especially in areas with…

REIT for Retail

It was in the news that Blackstone India part of US headquarter investment company…

India’s Semiconductor Policy

Indian Union Cabinet has cleared its semiconductor policy. As…

General permission for infusion of capital in overseas branches and subsidiaries and retention/ repatriation/ transfer of profits

With effect from 8th December 2021, with an objective…

E-Filing of Form 10F : CBDT Provides Temporary Relaxation

Extension of due date for furnishing return of income for the Assessment Year 2022-23

CBDT provides a 7-day extension for filing of Tax Audit Report

Additional guidelines to remove difficulties wrt Section 194R

CBDT amends Rule 128 of the Income-tax Rules, 1962 – Foreign Tax Credit (FTC)

Clarification issued by Mauritius Revenue Authority on Fiscally Transparent Entities

The High Court of Delhi: Cotecna Inspection SA vs ITO (India-Switzerland DTAA read with protocol and MFN clause)

CBDT Notifies 150 Countries Eligible for Tax Neutral Transfer Of Offshore Funds to IFSC

CBDT Notifies Additional conditions triggering Income-tax return filing requirements (Notification 37/2022)

Condonation of delay in Filing of Form 10-IC for Assessment Year 2020-21

Capital gains tax relief for Global Debt Investors in Budget 2022?

In today’s ET, news states that Finance Ministry may propose Capital gains tax relief for Global Debt Investors…

India Budget 2022 ” Expectations”

Continuing the series, some of the interesting and important aspects that may get covered in the…

India Budget 2022 “Expectations”

Industry bodies are batting for the recommendations on behalf of various Indian corporates. …

The Re-assessment SAGA – Clarification is essential from FinMin in the Budget 2022

Income tax scrutiny assessment is stressful and re-assessment is extra stressful…

Equalisation Levy update

India – US have decided to agree upon a transitional approach on 2% Equalisation…

Extension of timelines for Income tax returns and Audit reports for Assessment Year 2021-22 (Financial Year 2020-21)

If total tax payable (net of taxes etc.) is more than INR One Lakh, interest under Section 234A…

E-Filing of Form 10F : CBDT Provides Temporary Relaxation

Extension of due date for furnishing return of income for the Assessment Year 2022-23

CBDT provides a 7-day extension for filing of Tax Audit Report

Additional guidelines to remove difficulties wrt Section 194R

CBDT amends Rule 128 of the Income-tax Rules, 1962 – Foreign Tax Credit (FTC)

Clarification issued by Mauritius Revenue Authority on Fiscally Transparent Entities

The High Court of Delhi: Cotecna Inspection SA vs ITO (India-Switzerland DTAA read with protocol and MFN clause)

CBDT Notifies 150 Countries Eligible for Tax Neutral Transfer Of Offshore Funds to IFSC

CBDT Notifies Additional conditions triggering Income-tax return filing requirements (Notification 37/2022)

Condonation of delay in Filing of Form 10-IC for Assessment Year 2020-21

Capital gains tax relief for Global Debt Investors in Budget 2022?

In today’s ET, news states that Finance Ministry may propose Capital gains tax relief for Global Debt Investors…

India Budget 2022 ” Expectations”

Continuing the series, some of the interesting and important aspects that may get covered in the…

India Budget 2022 “Expectations”

Industry bodies are batting for the recommendations on behalf of various Indian corporates. …

The Re-assessment SAGA – Clarification is essential from FinMin in the Budget 2022

Income tax scrutiny assessment is stressful and re-assessment is extra stressful…

Equalisation Levy update

India – US have decided to agree upon a transitional approach on 2% Equalisation…

Extension of timelines for Income tax returns and Audit reports for Assessment Year 2021-22 (Financial Year 2020-21)

If total tax payable (net of taxes etc.) is more than INR One Lakh, interest under Section 234A…

#EqualisationLevy update (this one is oldest)

India – US have decided to agree upon a transitional approach on 2% Equalisation Levy of 2020.
Chronology of the key events and approach adopted is as  …

India Budget 2022 “Expectations”

Industry bodies are batting for the recommendations on behalf of various Indian corporates. Suggestions were …

India Budget 2022 " Expectations"

Continuing the series, some of the interesting and important aspects that may get covered in the upcoming Union Budget 2022 are with respect to…

Extension of timelines for Income tax returns and Audit reports for Assessment Year 2021-22 (Financial Year 2020-21)

If total tax payable (net of taxes etc.) is more than INR One Lakh….

Extension of timelines for Income tax returns and Audit reports for Assessment Year 2021-22 (Financial Year 2020-21)

Some deals are time bound and if not concluded withing the time limit, it loses value…

In today’s ET, news states that Finance Ministry may propose Capital gains tax relief for Global Debt Investors in Budget 2022.

As far as short-term capital gains tax is concern it can range between 30%-40% where…

The Re-assessment SAGA – Clarification is essential from FinMin in the Budget 2022

Income tax scrutiny assessment is stressful and re-assessment is extra stressful. With …

SEBI Circular – Foreign investment in Alternative Investment Funds

SEBI Circular – Schemes of AIFs which have adopted priority in distribution among investors

SEBI Issues FAQs for AIF Registration

RBI Concept Note on Central Bank Digital Currency

Participation of Foreign Portfolio Investors in Exchange Traded Commodity Derivatives in India

SEBI Circular on “Modification in the Operational Guidelines for FPIs”

SEBI’s FPI committee likely to review following matters

Framework on Social Stock Exchange (SSE)

SEBI constitutes ‘FPI Advisory Committee (FAC)’

Liberalisation of Forex Flows

Investments from UAE face tighter scrutiny (ET Article – 30 June 2022)

Advustment in Derivative Contracts for Dividend Announcement

SEBI Circular on Development of Passive Funds

Guidelines for seeking NOC by Stock Brokers / Clearing Members for setting up Wholly Owned Subsidiaries, Step Down Subsidiaries, Joint Ventures in GIFT IFSC

FPI Registration Certificate (original as well as name change) to be granted by DDPs – Recent amendment to SEBI FPI Operational Guidelines

Limits for investment in debt and sale of Credit Default Swaps by Foreign Portfolio Investors (FPIs) for the financial year (FY) 2022-23

Press Release on Statement on Developmental and Regulatory Policies – 18 April 2022

Compliance Function and Role of Chief Compliance Officer (CCO) – NBFCs

Draft guidelines for public comments on ‘Processing and Settlement of small value Export and Import related payments

Framework for Geo-tagging of Payment System Touch Points

Revision in Orders Per Second (OPS) limit for algorithmic trading in Commodity Derivatives

SEBI – Change in UPI Limits (Public Issue of Debt Securities)

Cryptocurrencies – Keynote Address by Dy Gorvernor, RBI

Voluntary Retention Route (VRR) – Enhancement of Limits

Today Reserve Bank of India had announced Bi-monthly Monetary Policy…

Master directions section on the RBI website has been updated w.r.t. the following:

1) Non-Banking Financial Company – Housing Finance Company…

Amended Factoring Regulations widens the scope of companies that can undertake factoring business

The Act has empowered the RBI…

Framework for operationalizing the Gold Exchange in India

Today vide Circular dated 10 January 2022, SEBI has issued framework…

Framework for facilitating small value digital payments in offline mode

With an objective of giving push to digital transactions, especially in areas with…

REIT for Retail

It was in the news that Blackstone India part of US headquarter investment company…

India’s Semiconductor Policy

Indian Union Cabinet has cleared its semiconductor policy. As…

General permission for infusion of capital in overseas branches and subsidiaries and retention/ repatriation/ transfer of profits

With effect from 8th December 2021, with an objective…

SEBI Circular – Foreign investment in Alternative Investment Funds

SEBI Circular – Schemes of AIFs which have adopted priority in distribution among investors

SEBI Issues FAQs for AIF Registration

RBI Concept Note on Central Bank Digital Currency

Participation of Foreign Portfolio Investors in Exchange Traded Commodity Derivatives in India

SEBI Circular on “Modification in the Operational Guidelines for FPIs”

SEBI’s FPI committee likely to review following matters

Framework on Social Stock Exchange (SSE)

SEBI constitutes ‘FPI Advisory Committee (FAC)’

Liberalisation of Forex Flows

Investments from UAE face tighter scrutiny (ET Article – 30 June 2022)

Advustment in Derivative Contracts for Dividend Announcement

SEBI Circular on Development of Passive Funds

Guidelines for seeking NOC by Stock Brokers / Clearing Members for setting up Wholly Owned Subsidiaries, Step Down Subsidiaries, Joint Ventures in GIFT IFSC

FPI Registration Certificate (original as well as name change) to be granted by DDPs – Recent amendment to SEBI FPI Operational Guidelines

Limits for investment in debt and sale of Credit Default Swaps by Foreign Portfolio Investors (FPIs) for the financial year (FY) 2022-23

Press Release on Statement on Developmental and Regulatory Policies – 18 April 2022

Compliance Function and Role of Chief Compliance Officer (CCO) – NBFCs

Draft guidelines for public comments on ‘Processing and Settlement of small value Export and Import related payments

Framework for Geo-tagging of Payment System Touch Points

Revision in Orders Per Second (OPS) limit for algorithmic trading in Commodity Derivatives

SEBI – Change in UPI Limits (Public Issue of Debt Securities)

Cryptocurrencies – Keynote Address by Dy Gorvernor, RBI

Voluntary Retention Route (VRR) – Enhancement of Limits

Today Reserve Bank of India had announced Bi-monthly Monetary Policy…

Master directions section on the RBI website has been updated w.r.t. the following:

1) Non-Banking Financial Company – Housing Finance Company…

Amended Factoring Regulations widens the scope of companies that can undertake factoring business

The Act has empowered the RBI…

Framework for operationalizing the Gold Exchange in India

Today vide Circular dated 10 January 2022, SEBI has issued framework…

Framework for facilitating small value digital payments in offline mode

With an objective of giving push to digital transactions, especially in areas with…

REIT for Retail

It was in the news that Blackstone India part of US headquarter investment company…

India’s Semiconductor Policy

Indian Union Cabinet has cleared its semiconductor policy. As…

General permission for infusion of capital in overseas branches and subsidiaries and retention/ repatriation/ transfer of profits

With effect from 8th December 2021, with an objective…

E-Filing of Form 10F : CBDT Provides Temporary Relaxation

Extension of due date for furnishing return of income for the Assessment Year 2022-23

CBDT provides a 7-day extension for filing of Tax Audit Report

Additional guidelines to remove difficulties wrt Section 194R

CBDT amends Rule 128 of the Income-tax Rules, 1962 – Foreign Tax Credit (FTC)

Clarification issued by Mauritius Revenue Authority on Fiscally Transparent Entities

The High Court of Delhi: Cotecna Inspection SA vs ITO (India-Switzerland DTAA read with protocol and MFN clause)

CBDT Notifies 150 Countries Eligible for Tax Neutral Transfer Of Offshore Funds to IFSC

CBDT Notifies Additional conditions triggering Income-tax return filing requirements (Notification 37/2022)

Condonation of delay in Filing of Form 10-IC for Assessment Year 2020-21

Capital gains tax relief for Global Debt Investors in Budget 2022?

In today’s ET, news states that Finance Ministry may propose Capital gains tax relief for Global Debt Investors…

India Budget 2022 ” Expectations”

Continuing the series, some of the interesting and important aspects that may get covered in the…

India Budget 2022 “Expectations”

Industry bodies are batting for the recommendations on behalf of various Indian corporates. …

The Re-assessment SAGA – Clarification is essential from FinMin in the Budget 2022

Income tax scrutiny assessment is stressful and re-assessment is extra stressful…

Equalisation Levy update

India – US have decided to agree upon a transitional approach on 2% Equalisation…

Extension of timelines for Income tax returns and Audit reports for Assessment Year 2021-22 (Financial Year 2020-21)

If total tax payable (net of taxes etc.) is more than INR One Lakh, interest under Section 234A…

E-Filing of Form 10F : CBDT Provides Temporary Relaxation

Extension of due date for furnishing return of income for the Assessment Year 2022-23

CBDT provides a 7-day extension for filing of Tax Audit Report

Additional guidelines to remove difficulties wrt Section 194R

CBDT amends Rule 128 of the Income-tax Rules, 1962 – Foreign Tax Credit (FTC)

Clarification issued by Mauritius Revenue Authority on Fiscally Transparent Entities

The High Court of Delhi: Cotecna Inspection SA vs ITO (India-Switzerland DTAA read with protocol and MFN clause)

CBDT Notifies 150 Countries Eligible for Tax Neutral Transfer Of Offshore Funds to IFSC

CBDT Notifies Additional conditions triggering Income-tax return filing requirements (Notification 37/2022)

Condonation of delay in Filing of Form 10-IC for Assessment Year 2020-21

Capital gains tax relief for Global Debt Investors in Budget 2022?

In today’s ET, news states that Finance Ministry may propose Capital gains tax relief for Global Debt Investors…

India Budget 2022 ” Expectations”

Continuing the series, some of the interesting and important aspects that may get covered in the…

India Budget 2022 “Expectations”

Industry bodies are batting for the recommendations on behalf of various Indian corporates. …

The Re-assessment SAGA – Clarification is essential from FinMin in the Budget 2022

Income tax scrutiny assessment is stressful and re-assessment is extra stressful…

Equalisation Levy update

India – US have decided to agree upon a transitional approach on 2% Equalisation…

Extension of timelines for Income tax returns and Audit reports for Assessment Year 2021-22 (Financial Year 2020-21)

If total tax payable (net of taxes etc.) is more than INR One Lakh, interest under Section 234A…

#EqualisationLevy update (this one is oldest)

India – US have decided to agree upon a transitional approach on 2% Equalisation Levy of 2020.
Chronology of the key events and approach adopted is as  …

India Budget 2022 “Expectations”

Industry bodies are batting for the recommendations on behalf of various Indian corporates. Suggestions were …

India Budget 2022 " Expectations"

Continuing the series, some of the interesting and important aspects that may get covered in the upcoming Union Budget 2022 are with respect to…

Extension of timelines for Income tax returns and Audit reports for Assessment Year 2021-22 (Financial Year 2020-21)

If total tax payable (net of taxes etc.) is more than INR One Lakh….

Extension of timelines for Income tax returns and Audit reports for Assessment Year 2021-22 (Financial Year 2020-21)

Some deals are time bound and if not concluded withing the time limit, it loses value…

In today’s ET, news states that Finance Ministry may propose Capital gains tax relief for Global Debt Investors in Budget 2022.

As far as short-term capital gains tax is concern it can range between 30%-40% where…

The Re-assessment SAGA – Clarification is essential from FinMin in the Budget 2022

Income tax scrutiny assessment is stressful and re-assessment is extra stressful. With …

"Bonus Stripping and its potential impact"

Most Favoured Nation clause – Pune ITAT Judgment

Bonud and Dividend Stripping

Clarification regarding the MFN clause in the Protocol to India's DTAA with certain countries

Cryptocurrencies – Keynote Address by Dy Gorvernor, RBI

FPI Budget 2022- Expectations

Most Favoured Nation clause – Pune ITAT Judgment

Place of Effective Management - India Implications

Special Situation Fund - Category I AIF- Regulatory

Synopsis - India Union Budget -2022