Fee Structure for Finance Company and Finance Unit
The International Financial Services Centres Authority sets the fee structure for every Finance Company and Finance Unit in the International Financial Services Centre.
Assessment of Compensation to Shareholders on Amalgamation Regulations
The Insurance Regulatory and Development Authority of India specifies the manner of assessment of compensation for shareholders and members affected by an insurer amalgamation.
The Central Board of Direct Taxes amends the Income-tax Rules, 1962, to update conditions for pension funds under rule 2DB and to substitute Form No. 10BBA.
Offering of Portfolio Management and Investment Advisory Services by BUs Guidelines
The International Financial Services Centres Authority permits Banking Units to offer Portfolio Management services and Investment Advisory services to residents and non-residents.
Revised Variable Dearness Allowance for Scheduled Employments
The Office of the Chief Labour Commissioner has revised the Variable Dearness Allowance (VDA) for various scheduled employments, including agriculture, mining, construction…
Communication on Settlement of Health Insurance Claims
General and health insurers must ensure expeditious settlement of cashless and reimbursement health insurance claims in compliance with policy terms and Service Level Agreements.
The Central Government notifies Maa Umiya Temple managed by Vishv Umiya Foundation at Jaspur, Ahmedabad as a place of artistic importance and a place of public worship of renown…
Facilitation of Cashless Services at Network Hospitals
General and health insurance companies must ensure that all network provider hospitals provide cashless treatment for COVID-19 and any other condition according to the policy…
Canada Pension Plan Investment Board Specified Person Notification
The Central Government specifies the Canada Pension Plan Investment Board Private Holdings (4) Inc. as the specified person for section 10 clause 23FE of the Income-tax Act, 1961.
Guidelines for Statement of Financial Transactions for Dividend Income
Specified reporting entities furnish a statement of financial transactions for dividend income on the reporting portal on or before the thirty-first day of May.
CBDT·20 Apr 2021·Notification·Notification No. 2 of 2021
Format Procedure and Guidelines for SFT Interest Income
Specified reporting persons must furnish the statement of financial transactions for interest income on or before the 31st May immediately following the financial year.
Specify Norfund Government of Norway as Specified Person under Section 10(23FE)
The Central Government specifies Norfund, Government of Norway, as the specified person for tax exemption under section 10 clause (23FE) of the Income-tax Act, 1961.
Clarification on Consideration of Matters by Committee of Creditors
The Insolvency and Bankruptcy Board of India clarifies the process for resolution professionals to handle requests from committee of creditors members to discuss or vote on…
IFSCA·15 Apr 2021·Circular·294/IFSCA/Fee Structure for IAs and PMS/2021-22
Fee Structure for Investment Advisers and Portfolio Managers in IFSC
The International Financial Services Centres Authority revises the fee structure for Investment Advisers and Portfolio Managers operating in International Financial Services…
