Proceeds of crime: provisional attachment confirmed; equivalent value attachment and acquisition date fair market value upheld, Covid exclusion preser...
Effective service requirement: officers must explore alternative service modes beyond the GST portal and afford personal hearing; non-compliance voids...
Voluntary debit freeze facility introduced for mutual fund folios (demat and non-demat) to prevent any debits until the folio is unlocked; the facility will be provided interoperably via the MF Central RTA platform in the first phase and is available only to KYC complied investors with valid email and mobile. AMFI will prescribe locking/unlocking procedures and the list of financial and non financial transactions permissible during lock in; AMCs/RTAs must disclose the process and impacts. The measure takes effect April 30, 2026 and is issued under SEBI's regulatory powers.
Voluntary debit freeze facility introduced for mutual fund folios (demat and non-demat) to prevent any debits until the folio is unlocked; the facility will be provided interoperably via the MF Central RTA platform in the first phase and is available only to KYC complied investors with valid email and mobile. AMFI will prescribe locking/unlocking procedures and the list of financial and non financial transactions permissible during lock in; AMCs/RTAs must disclose the process and impacts. The measure takes effect April 30, 2026 and is issued under SEBI's regulatory powers.
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