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SEBI–IEPFA Hold Niveshak Shivir to Resolve Unclaimed Dividend and Share Claims
PR No. 81/2025; Dated: 09.12.2025 1. Objective of the Initiative The Securities and Exchange Board of India (SEBI) and the Investor Education and Protection Fund Authority (IEPFA) jointly conducted the fourth “Niveshak Shivir” in Jaipur. The programme is part of a nationwide outreach initiative aimed at: Reducing the stock of unclaimed assets, unpaid dividends, and […]
SEBI Allows AIFs to Launch or Convert to AI-Only and LVF Schemes
CIRCULAR HO/19/34/11(5)2025-AFD-POD1/I/188/2025’; Dated: 08.12.2025 1. Regulatory Context SEBI has allowed Alternative Investment Funds (AIFs) to either: Launch new schemes exclusively for accredited investors or Large Value Funds (LVFs), or Convert existing schemes into such AI-only or LVF structures. The revised framework provides regulatory relaxations to funds catering to these investor segments, acknowledging their sophistication, risk […]
No Reinstatement When Employee Accepts Termination Without Protest | HC
Case Details: Ceasefire Industries Ltd. vs. Anuj Kumar Poddar - [2025] 181 taxmann.com 114 (HC-Jharkhand) Judiciary and Counsel Details Deepak Roshan, J. Mrs Shilpi Sandil Gadodia & Anish Lall, Advs. for the Petitioner. Gautam Rakesh, Adv for the Respondent. Facts of the Case In the instant case, the petitioner company engaged in manufacturing and sale of fire […]
SEBI Issues Draft Updated Master Circular for FPIs and DDPs for Public Consultation
SEBI Report; Dated: 05.12.2025 1. Background The Securities and Exchange Board of India (SEBI) has released a draft updated and simplified Master Circular for Foreign Portfolio Investors (FPIs) and Designated Depository Participants (DDPs). The document is now open for public consultation, reflecting SEBI’s ongoing effort to modernise and harmonise the regulatory framework governing foreign portfolio […]
RBI Issues New Licensing & Classification Guidelines for UCBs
Notification No. RBI/DOR/2025-26/120, Dated: 04.12.2025 1. Introduction The Reserve Bank of India (RBI) has officially notified the Urban Co-operative Banks (UCBs) Licensing, Scheduling and Regulatory Classification Guidelines, introducing a new unified framework to streamline the regulation and categorisation of UCBs across the country. The guidelines aim to strengthen governance, improve financial stability, and enhance operational […]
RBI Repeals Market Mechanism Framework for Large Borrowers
Press Release: 2025-2026/1629, Dated: 04.12.2025 1. Introduction The Reserve Bank of India (RBI) has issued fresh Amendment Directions formally repealing the ‘Market Mechanism Framework’ (MMF) that earlier governed credit discipline for large borrowers. This decision marks a significant regulatory shift in the approach to monitoring large corporate exposures and ensuring timely repayment discipline within the […]
NFRA Launches Outreach Programme and Audit Firm Survey to Strengthen Audit Quality
The National Financial Reporting Authority (NFRA) has undertaken multiple strategic initiatives to elevate audit quality, strengthen compliance, and support audit professionals across the country. These efforts reflect NFRA’s commitment to enhancing transparency, accountability, and governance within the financial reporting ecosystem. 1. Nationwide Outreach Programme NFRA conducted a large-scale outreach programme across India to: Engage with […]
Trust Providing Financial Aid to Students Eligible for Section 80G Even if Students Study Abroad | ITAT
Case Details: R. Mangaldas Charitable Trust vs. Commissioner of Income-tax (Exemptions) [2025] 180 taxmann.com 190 (Mumbai-Trib.) Judiciary and Counsel Details Rahul Chaudhary, Judicial Member & Vikram Singh Yadav, Accountant Member Niraj Seth for the Appellant. Umashankar Prasad, CIT-DR for the Respondent. Facts of the Case The assessee-trust moved an application in Form 10AB under section 80G(5)(iii), seeking approval […]
CBDT launches 2nd NUDGE initiative to strengthen voluntary compliance in respect of Foreign Assets
Details : Publish Date : Thursday, November 27, 2025 Attachments : 1. https://incometaxindia.gov.in/Lists/Press Releases/Attachments/1234/PressRelease-CBDT-launches-2nd-NUDGE-initiative-to-strengthen-voluntary-compliance-in-respect-of-Foreign-Assets.pdf source
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