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...
A securities regulator deletes an earlier regulation on distributor incentives for inflows from beyond top 30 cities due to misuse concerns and introduces a revised incentive framework under a different regulation. Mutual fund distributors may now receive additional commission for onboarding new individual investors with new PANs from B-30 cities and new women investors from all cities. The commission is 1% of the first lump sum application (capped at Rs. 2,000, with a one-year holding requirement) or 1% of first-year SIP contributions (capped at Rs. 2,000). It is funded from the existing 2 bps investor education allocation, excludes specified schemes, and takes effect from February 1, 2026.
A securities regulator deletes an earlier regulation on distributor incentives for inflows from beyond top 30 cities due to misuse concerns and introduces a revised incentive framework under a different regulation. Mutual fund distributors may now receive additional commission for onboarding new individual investors with new PANs from B-30 cities and new women investors from all cities. The commission is 1% of the first lump sum application (capped at Rs. 2,000, with a one-year holding requirement) or 1% of first-year SIP contributions (capped at Rs. 2,000). It is funded from the existing 2 bps investor education allocation, excludes specified schemes, and takes effect from February 1, 2026.
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