Under-reporting on a first reassessment return attracts penalty, while enhanced misreporting penalty requires proof of a statutory misreporting catego...
Form 26AS evidence requires successor-entity accounting verification after business transfer, while invoice-supported related-party advertising expend...
Money-laundering judgment timing requires awaiting the scheduled-offence decision despite continuation of the underlying trial where outcomes directly...
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SEBI has modified the requirement for AMCs to upload draft Scheme Information Documents (SIDs) on SEBI's website. Previously, draft SIDs had to be uploaded for 21 working days to receive public comments. Now, SIDs on which SEBI has issued observations must be uploaded for at least 8 working days for public comments. After this, AMCs can launch the scheme and file final offer documents as per existing regulations. The relevant clauses in SEBI's Master Circular on Mutual Funds have been amended accordingly. This change streamlines the process for launching new mutual fund schemes.
SEBI has modified the requirement for AMCs to upload draft Scheme Information Documents (SIDs) on SEBI's website. Previously, draft SIDs had to be uploaded for 21 working days to receive public comments. Now, SIDs on which SEBI has issued observations must be uploaded for at least 8 working days for public comments. After this, AMCs can launch the scheme and file final offer documents as per existing regulations. The relevant clauses in SEBI's Master Circular on Mutual Funds have been amended accordingly. This change streamlines the process for launching new mutual fund schemes.
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