Overview on Business Responsibility & Sustainability Reporting BRSR framework is a required disclosure mechanism that allows them to show their dedication to responsible business practices by reporting on their performance on Environmental, social, & governance (ESG) elements for the top 1000 listed companies or businesses. The Business Responsibility and Sustainability (BRS) report offers several key …
Brief about Share Buyback – SEBI Regulations & Guidelines Another name for share repurchase is share buyback. A buyback is a process by which a business repurchases shares from the open market. Either the tender offer process or open market purchases can be used to execute a buyback. To safeguard the interests of securities investors, …
Sebi Ban with fines ‘ Mohammad Ansari -youtuber Baap of Chart’ Rs 17.2 Cr Mumbai: Mohammad Nasiruddin Ansari has been barred by the Securities and Exchange Board of India (Sebi) from the securities market and instructed to deposit ₹17.20 crore in illicit gains that he claims were acquired through fees from his “educational courses” on …
India Imposes New Environmental, Social And Governance Compliance Reporting Requirements: SEBI Reporting New environmental, social, and governance (ESG) reporting standards have been implemented for the top 1,000 listed firms in India by market capitalization. The Securities and Exchange Board of India (SEBI) mandates that the information be disclosed in a new format called the Business …
The Securities Exchange Board of India recently issued a notice under PR No. 37/2020 providing for the amendments to the SEBI (Investment Advisors) Regulations, 2013. The Investment advisor’s amendment is aimed to strengthen the regulatory framework for investment advisors. OVERVIEW ON SEBI INVESTMENT ADVISORS’ AMENDMENT In India, the investment advisers are regulated and monitored by …
INVESTMENT ADVISOR REGISTRATION INTRODUCTION An investment advisor commonly known as a stockbroker, is a person or group of persons, making recommendations for investors and conducting various securities analysis, through direct management of clients’ assets or written publications and receive their fees in return. Securities and Exchange Board of India introduced a new concept of Investment …
SEBI extends the timeframe for filing the financial results of April-June to 15 September 2020. Today SEBI extended the time for filing financial reports for the year, half-year and fiscal year ended June 30, 2020, to September 15, insignificant relief to companies. The SEBI Circular reported that it had received representations seeking an …
SEBI relaxed and welcomed short track rights issues generating capital on the stock market until 31 March 2021. Steps to further promote the collection of funds from capital markets in the light of the COVID-19 disease outbreak In the face of the threats to the Indian economy emerging from the Covid-19 pandemic and with a …
Professional Update For the Day: DIRECT TAX:- Gujarat HC confirms ITAT order, holds ONGC (‘assessee’) in default u/s 201(1)/(1A) for not deducting TDS on payment of ‘uniform allowance’ to its employees for AY 2010-11. It Rejected assessee’s stand that the dress code at work place would qualify as uniform and hence exemption u/s Sec 10(14)(i) …
Professional Update For the Day: CORPORATE AND PROFESSIONAL UPDATE SEPT 26, 2016 Direct Tax:- IT: Penalty u/s 271B – assessee firm could not get the accounts audited within time limit prescribed u/s 44AB – there is no mala fide reason for not obtaining the accounts audited in time and penalty u/s 271B should not be …