Caution to Investors against dealing with unregulated platforms offering Algorithmic Trading
It has come to the notice of Securities and Exchange Board of India (SEBI) that many unregulated platforms are offering investors Algorithmic Trading services/facilities to automate their trades. Strategies are…
RVKS and Associates Newsletter – Volume 1.19
7.6.2022 Newsletter : https://drive.google.com/file/d/1IUF1KeTC7fS5M8x25gjXYGP8WEsUmL1G/view?usp=sharing
General insurers urge IRDAI for mandatory KYC of customers 
At present, sharing KCY details is voluntary while purchasing a general insurance product. Non-life insurers have requested the insurance regulator IRDAI to permit verifying the contact details of policyholders. This…
Surrender of certificate of registration of Principal Mutual Fund (PMF)
Principal Asset Management Private Limited (Principal AMC) had informed SEBI that they want to surrender the registration granted to Principal Mutual Fund by SEBI. PMF will continue to be liable…
RBI announces results of its First Global Hackathon – HARBINGER 2021
June 02, 2022 The Reserve Bank had launched its first global hackathon – “HARBINGER 2021 – Innovation for Transformation” with the theme ‘Smarter Digital Payments’ which was communicated vide Press…
RVKS and Associates Newsletter – Volume 1.18
31.5.2022 Newsletter : https://drive.google.com/file/d/1oz_0Uh_J3-LQheP8cHRyjQzbM2PocPWz/view?usp=sharing
Reserve Bank of India imposes monetary penalty on MUFG Bank Ltd.
May 27, 2022 The Reserve Bank of India (RBI) has imposed, by an order dated May 25, 2022, a monetary penalty of ₹45 Lakh (Rupees Forty-five lakh only) on MUFG…
RVKS and Associates Newsletter – Volume 1.17
24.5.2022 Newsletter : https://drive.google.com/file/d/11yBnVNA7Rt_TD7Y4khr78EzuMqJYzZSb/view?usp=sharing
File ITR to avoid TDS/TCS deduction at higher rate, say analysts
The CBDT has issued a circular pertaining to Sections 206AB and 206CCA of the I-T Act, which provide details regarding people to whom higher TDS/TCS rates should apply Individuals who…
Beware! Income tax department warns against fraudulent messages being circulated
Updated : 20 May 2022 The income tax department has alerted people not to share their personal or financial details The Income Tax Department on Tuesday cautioned public against falling…