Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
SEBI has amended the Credit Rating Agencies Regulations, 1999 by introducing Chapter IIA through notification dated March 20, 2025. The amendment establishes a framework for "Past Risk and Return Verification Agency" activities, allowing credit rating agencies to perform this function with SEBI's approval under specified conditions. Per the new Regulation 12A, approved credit rating agencies must engage a recognized stock exchange as a "Past Risk and Return Verification Agency Data Centre." The amendment comes into force immediately upon publication in the Official Gazette and creates a new regulatory category while maintaining existing credit rating agency operations under the primary regulations.
SEBI has amended the Credit Rating Agencies Regulations, 1999 by introducing Chapter IIA through notification dated March 20, 2025. The amendment establishes a framework for "Past Risk and Return Verification Agency" activities, allowing credit rating agencies to perform this function with SEBI's approval under specified conditions. Per the new Regulation 12A, approved credit rating agencies must engage a recognized stock exchange as a "Past Risk and Return Verification Agency Data Centre." The amendment comes into force immediately upon publication in the Official Gazette and creates a new regulatory category while maintaining existing credit rating agency operations under the primary regulations.
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