New Amendment to Labour Welfare Fund Act: Contribution Rates Increased
Government of Karnataka notified the Karnataka Labour Welfare Fund (Amendment) Act, 2024, increasing the Contribution Rates
ESIC Issues Warning on “Not of Standard Quality” Drug
Employees’ State Insurance Corporation (ESIC) issued a critical notification regarding the testing of a drug found to be “Not of Standard Quality”
Uttar Pradesh Government Announces State List of Holidays for 2025
Government of Uttar Pradesh officially notified the Uttar Pradesh State List of Holidays for 2025
West Bengal Government Fixes Employee Contribution Rates for 2024
Government of West Bengal announced the revised rates for employee contributions to be implemented from January 1, 2024.
Tripura Government Revises Minimum Wages and Dearness Allowance for Workers
Government of Tripura issued an important notification that will have a significant impact on workers across the state
SEBI Board Meeting Highlights: Enhancing Business Environment for SMEs and Investors
On the 18th of December 2024, the 208th meeting of the Securities and Exchange Board of India (SEBI) Board convened in Mumbai to deliberate on significant measures aimed at improving the business environment in the capital markets. The meeting’s agenda featured a variety of reforms impacting primary markets, small and medium enterprises (SMEs), and mutual funds, among others. These approved measures are expected to bolster investor protection, encourage transparency, and facilitate smoother operations within these sectors.
In continuation of the said directions, the suspension in trading in the above contracts has been extended till January 31, 2025.
The suspension in trading in the wheat and paddy commodity derivative contracts has been extended till January 31, 2025.
SEBI has clarified that FPIs have only been barred from issuing ODIs with derivative instruments as the underlying
It is further clarified that ODIs referencing cash market securities can continue to be issued.
Securities and Exchange Board of India (Mutual Funds) (Third Amendment) Regulations, 2024
Regulations provides the obligations and functional procedure of Mutual fund lite asset management company.
Consultation paper on draft circular for “Service platform for investors to trace inactive and unclaimed Mutual Fund folios: MITRA (Mutual Fund Investment Tracing and Retrieval Assistant”
MITRA is designed to provide a searchable database of inactive and unclaimed mutual fund folios, allowing investors to trace investments they may have forgotten or even investments made by others for which they could be the rightful claimant.
