Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
This notification amends the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021. Key changes include reducing the timeline for posting draft offer documents from 7 to 5 days, with 1-day posting for issuers listed on exchanges with nationwide terminals. Advertisements can be through electronic modes like online newspapers or issuer/exchange websites, with a QR code notice in print media. The timeline for opening the issue is reduced from 3 to 2 days, and allotment within 1 working day. Disclosure requirements are modified, removing personal details like addresses and PAN numbers, allowing branch details via QR codes, revising use of proceeds and financial information disclosures, and authorizing key managerial personnel for attestations. Vendor disclosures are streamlined, with top 5 detailed and remaining aggregated with QR code access.
This notification amends the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021. Key changes include reducing the timeline for posting draft offer documents from 7 to 5 days, with 1-day posting for issuers listed on exchanges with nationwide terminals. Advertisements can be through electronic modes like online newspapers or issuer/exchange websites, with a QR code notice in print media. The timeline for opening the issue is reduced from 3 to 2 days, and allotment within 1 working day. Disclosure requirements are modified, removing personal details like addresses and PAN numbers, allowing branch details via QR codes, revising use of proceeds and financial information disclosures, and authorizing key managerial personnel for attestations. Vendor disclosures are streamlined, with top 5 detailed and remaining aggregated with QR code access.
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