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 amended Credit Rating Agencies Regulations in 2025, introducing key modifications for ESG rating providers. The amendment establishes a subscriber-pays business model with specific compliance requirements, including transparency in rating processes, fee structures, and disclosure protocols. ESG rating providers must now share rating reports simultaneously with subscribers and rated entities, allow two-day comment periods, and disclose rating methodologies. The regulations mandate that ratings be based on publicly available information, ensure minimal fee conflicts, and require providers to state the financial regulator overseeing their ratings. These changes aim to enhance accountability, reduce potential conflicts of interest, and standardize ESG rating practices across financial sectors.
SEBI amended Credit Rating Agencies Regulations in 2025, introducing key modifications for ESG rating providers. The amendment establishes a subscriber-pays business model with specific compliance requirements, including transparency in rating processes, fee structures, and disclosure protocols. ESG rating providers must now share rating reports simultaneously with subscribers and rated entities, allow two-day comment periods, and disclose rating methodologies. The regulations mandate that ratings be based on publicly available information, ensure minimal fee conflicts, and require providers to state the financial regulator overseeing their ratings. These changes aim to enhance accountability, reduce potential conflicts of interest, and standardize ESG rating practices across financial sectors.
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