Alternative statutory remedy and unexplained delay barred writ review of customs confiscation adjudication, leaving merits for appellate consideration...
Authorised courier due diligence protects against penalties where declared exports conceal prohibited goods despite proper documentation and customs p...
Customs-controlled container movement now extends to DP World facilities, subject to segregation, inspections, reconciliation, and EXIM cargo priority...
SEBI prescribes conditions for mutual fund intraday borrowings effective April 1, 2026: AMCs and trustees must approve and publish an intraday borrowing policy; borrowings permitted only to meet repurchase/redemption, interest or IDCW payouts; amount cannot exceed same day guaranteed receivables from specified government, RBI and clearing counterparties (TREPS, reverse repo, G Sec/T bill/SDL/STRIPS proceeds and interest); AMCs must comply with specified schedule provisions and bear any borrowing cost or losses from delayed receivables. Separately, equity oriented index funds and ETFs may borrow for under executed sell trades solely to participate in the Closing Auction Session from the circular's effective date.
SEBI prescribes conditions for mutual fund intraday borrowings effective April 1, 2026: AMCs and trustees must approve and publish an intraday borrowing policy; borrowings permitted only to meet repurchase/redemption, interest or IDCW payouts; amount cannot exceed same day guaranteed receivables from specified government, RBI and clearing counterparties (TREPS, reverse repo, G Sec/T bill/SDL/STRIPS proceeds and interest); AMCs must comply with specified schedule provisions and bear any borrowing cost or losses from delayed receivables. Separately, equity oriented index funds and ETFs may borrow for under executed sell trades solely to participate in the Closing Auction Session from the circular's effective date.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
