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Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
SEBI extended the compliance timeline for implementation of the Cybersecurity and Cyber Resilience Framework by two months until August 31, 2025, for all regulated entities except Market Infrastructure Institutions, KYC Registration Agencies, and Qualified Registrars to an Issue and Share Transfer Agents. The extension was granted following multiple requests from regulated entities seeking additional time to ensure compliance ease. The circular was issued under Section 11(1) of the Securities and Exchange Board of India Act, 1992, with immediate effect. Stock exchanges and depositories were directed to notify their members and participants of the revised timeline and disseminate the information on their websites.
SEBI extended the compliance timeline for implementation of the Cybersecurity and Cyber Resilience Framework by two months until August 31, 2025, for all regulated entities except Market Infrastructure Institutions, KYC Registration Agencies, and Qualified Registrars to an Issue and Share Transfer Agents. The extension was granted following multiple requests from regulated entities seeking additional time to ensure compliance ease. The circular was issued under Section 11(1) of the Securities and Exchange Board of India Act, 1992, with immediate effect. Stock exchanges and depositories were directed to notify their members and participants of the revised timeline and disseminate the information on their websites.
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