The Reserve Bank of India vide notification dated 18 November, 2020 has relaxed the requirements applicable to non-banking financial companies for Housing Finance Institutions as per the National Housing Bank Act, 1987. The Requirement for registration, net owned fund, Reserve fund and Maintenance of percentage of assets under the RBI Act shall no longer be applicable to Housing Finance institutions.
SEBI has issued charter for Registrars to an Issue and Share Transfer Agents, investment advisors and research analysts.
SEBI has issued format for filing Application and Investment Strategy Information Document (ISID) by Specialized Investment Funds.
In light of these alarming trends, SEBI strongly urges all investors to verify the authenticity of any social media handle, investment app, or advisory service
The CBIC clarified that the term “annual return” under Section 44 of the CGST Act includes both GSTR-9 and GSTR-9C wherever applicable.
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