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 issued a circular revising eligibility criteria for launching commodity futures contracts. The norms were modified based on representations and CDAC deliberations. Changes include deletion of certain criteria, modification of submission requirements, and approval conditions for futures contracts. Stock exchanges must adhere to SEBI rules, notify contract specifications, and follow position limits. The circular, effective from June 1, 2024, aims to protect investor interests and regulate the securities market u/s 11(1) of SEBI Act 1992. Exchanges must inform members and publish the circular.
SEBI issued a circular revising eligibility criteria for launching commodity futures contracts. The norms were modified based on representations and CDAC deliberations. Changes include deletion of certain criteria, modification of submission requirements, and approval conditions for futures contracts. Stock exchanges must adhere to SEBI rules, notify contract specifications, and follow position limits. The circular, effective from June 1, 2024, aims to protect investor interests and regulate the securities market u/s 11(1) of SEBI Act 1992. Exchanges must inform members and publish the circular.
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