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SUMMARY OF UNION BUDGET 2022-23

Posted On: 01 FEB 2022 1:19PM by PIB Delhi India’s economic growth in the current year is estimated to be 9.2 per cent, highest among all large economies. The overall,…

Communique Newsletter – Volume 1.2

1.2.2022 NewsLetter : https://drive.google.com/file/d/12F9zt-Ax4ZISg6oh8K5hqLeUuZ63l_Yn/view?usp=sharing

Sebi lays out process for change in AMC control requiring NCLT sanction

The procedure will be applicable to all the applications for change in control of an asset management company (AMC) filed with NCLT on or after March 1, 2022, Sebi said…

Want to learn more about Liquid Funds? Check this out

Synopsis A Liquid Fund typically invests in fixed income securities wherein a portfolio is created having a mix of debt and money market instruments. There are different types of Mutual…

What is ESIC scheme, who is eligible, what are its benefits

Synopsis The contributions are based on the workers’ earning ability as a fixed proportion of their salary, yet they are awarded social security benefits based on individual needs without discrimination.…

We need a personal tax system that’s simpler and fairer

Tax benefits remain uneven for various investments in ways that are unfair to the voiceless It’s that time of the year when the noise around the central government’s budget reaches…

Interest on non-payment of GST may be recovered without notice

Backed by a court decision, the goods and services tax (GST) authorities may now directly recover interest accrued on non-payment of GST due to mismatch in invoices without sending any…

Centre seeks regulatory fast track for LIC ahead of India’s largest IPO

The government has asked regulators for a swift review of Life Insurance Corporation’s draft prospectus, two government sources with knowledge of the matter said — as it pulls out all…

Aadhaar verification : How to scan Aadhaar using QR code?

Synopsis According to the UIDAI website, e-Aadhaar QR codes contain demographic information about the resident such as Name, Address, Date of Birth, Gender, and Masked Aadhaar Number. In addition, the…

Shares in demat form must for processing investors’ service requests: Sebi

With an aim to enhance ease of dealing in securities markets, Sebi on Tuesday said listed companies will issue the securities in dematerialised form only while processing the service request…