Customs valuation must use comparable contemporary imports, while confiscation fines and penalties require proportionate recalculation on reassessed v...
Depositor-protection proceedings prevail over corporate insolvency, while liquidators may recover chit receivables using copies of seized company reco...
Intermediary service classification fails where overseas admission facilitation is supplied independently, preserving export treatment and small-provi...
Satellite transponder bandwidth is telecommunication, not Business Support Service; foreign non-telegraph providers triggered no service tax liability...
Commitment proceedings gain extended timelines, structured defect refiling, and automatic resumption of inquiry after the adjusted completion period e...
Centralised assessment transfer becomes unwarranted once the searched person's assessment is complete, requiring restoration to the appropriate charge...
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Regulated entities in the securities market are advised to strengthen cyber resilience against AI-driven vulnerability detection tools by updating systems and applications promptly, using virtual patching where needed, and conducting regular vulnerability assessments, security audits, and scenario-based risk assessments. They should coordinate with third-party vendors to release and deploy patches, harden systems, secure APIs through authentication, authorization, rate limiting and whitelisting, and maintain continuous SOC monitoring with tested SOAR/SIEM responses. The advisory also requires updated asset inventories and software bills of materials, onboarding to the Market SOC where applicable, and long-term planning for AI use in detection and autonomous mitigation, in line with SEBI's cyber security framework.
Regulated entities in the securities market are advised to strengthen cyber resilience against AI-driven vulnerability detection tools by updating systems and applications promptly, using virtual patching where needed, and conducting regular vulnerability assessments, security audits, and scenario-based risk assessments. They should coordinate with third-party vendors to release and deploy patches, harden systems, secure APIs through authentication, authorization, rate limiting and whitelisting, and maintain continuous SOC monitoring with tested SOAR/SIEM responses. The advisory also requires updated asset inventories and software bills of materials, onboarding to the Market SOC where applicable, and long-term planning for AI use in detection and autonomous mitigation, in line with SEBI's cyber security framework.
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