CBDT launches revamped National Website of the Income Tax Department
The new functionalities, allow users to compare different Acts, Sections, Rules, and Tax treaties. All relevant content on the site is now tagged with Income Tax sections for easy navigation. Further, dynamic due date alerts functionality provides reverse countdowns, tooltips, and links to relevant portals to help taxpayers to comply easily.
SEBI Consultation Paper on Association of SEBI Registered Intermediaries/Regulated Entities with Unregistered Entities (including Finfluencers)
No SEBI registered intermediaries/regulated entities or their agents/representatives shall, directly or indirectly, have any association/relationship in any form, whether monetary or non-monetary, for any promotion or advertisement of their services/products, with any unregistered entities ( including finfluencers). Entities registered/regulated by SEBI or stock exchanges or AMFI shall not share any confidential information of their clients with any unregistered entities.SEBI registered intermediaries/regulated entities shall not pay any trailing commission based on the number of referrals as referral fee. Limited referrals from retail clients, and payment of fees for such limited referrals by stockbrokers shall be allowed.
SEBI Consultation Paper on mechanism for fee collection by SEBI registered Investment Advisers and Research Analysts
Fees shall be paid by clients on designated platforms to be specified/administered by a SEBI recognized supervisory body. IAs/RAs shall provide the details of the designated bank account/s in which fees shall be received through the proposed mechanism. These designated bank account/s shall be used solely for collection of fee from investment advisory/research activity.
