Category Archives: Regulatory

Prompt Corrective Action Framework for NBFC’s [Effective from October 1, 2022]

RBI vide Circular RBI/2021-22/13DoS.CO.PPG.SEC.7/11.01.005/2021- 22, dated 14th December, 2021 has issued guidelines for a prompt  corrective action framework for non-bank finance companies. The PCA Framework for NBFCs comes into effect from October 1, 2022, based on the financial position of … Continue reading

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Mandatory BRSR Reporting for Top 1000 Listed Companies [Applicable from FY 2022-23]

In recent years, adapting to and mitigating climate change impact and transitioning to sustainable development have emerged as major issues globally. There is an increased focus of investors and other stakeholders seeking businesses to be responsible and sustainable towards the … Continue reading

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Scale Based Regulatory Framework for NBFCs [Applicable from 1st Oct 2022]

Reserve Bank of India vide Notification dated 22.10.2021 announced its new scale- based regulations for the non-banking finance companies. The new guidelines will be applicable from 1 st October 2022. The regulatory structure will comprise NBFCs into four layers based … Continue reading

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Over 60% Growth In Total FDI Inflows In First Quarter of FY -2020-21

Recent measures taken by the India Government on the fronts of policy reforms, desterilisation of offences, investment facilitation and overall ease of business in India have resulted in increase in FDI inflows into the country. The following facts on Foreign … Continue reading

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CBDT extends due dates for electronic filings of various forms under Income Tax Act, 1961.

CBDT, on account difficulties reported by the taxpayers and other stakeholders in electronic filing of certain Forms under the provisions of the Income Tax Act (‘the Act’) along with Income Tax Rules, 1962 (‘the Rules’), has further extended due dates … Continue reading

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