Online bond platforms may offer overseas-regulated products and tax-specific bonds subject to disclosures, compliance safeguards and revised complianc...
Corporate guarantee valuation permits actual ascertainable commission while barring retroactive application and extended-period penalties for bona fid...
Proper-officer jurisdiction under UPGST penalty provisions upheld; participation on merits prevents bypassing the statutory appellate remedy through w...
Transitioned CENVAT credit may validly satisfy mandatory pre-deposit requirements for legacy service tax appeals through Electronic Credit Ledger debi...
Building-plan sanction charges require statutory authority; unauthorised fees and GST were quashed, while labour cess must follow prescribed collectio...
Pure-agent exclusion fails where hotel booking facilitators receive third-party services themselves, making entire customer consideration taxable as r...
SEBI amends the Foreign Portfolio Investors Regulations, 2019 by revising fee references, registration timing, and remittance mechanics. The regulations will generally commence on the 180th day from publication, while the new First Schedule insertion on date of birth/incorporation details takes effect immediately. Several US dollar fee amounts are replaced with rupee amounts in eligible foreign exchange equivalent, the fee under regulation 3(2) is omitted, and designated depository participants must remit collected INR fees to the Board within five working days of grant of registration or receipt of subsequent fees or late fees.
SEBI amends the Foreign Portfolio Investors Regulations, 2019 by revising fee references, registration timing, and remittance mechanics. The regulations will generally commence on the 180th day from publication, while the new First Schedule insertion on date of birth/incorporation details takes effect immediately. Several US dollar fee amounts are replaced with rupee amounts in eligible foreign exchange equivalent, the fee under regulation 3(2) is omitted, and designated depository participants must remit collected INR fees to the Board within five working days of grant of registration or receipt of subsequent fees or late fees.
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