Category: Cross Border Advisory

FPI Index Launched by CRISIL

An index has been launched by Crisil a ratings agency. This index will act as a prototype for performance of investments of foreign portfolio investors

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A universal loan portal launched by Small Industries Development Bank of India

Entrepreneurs can apply online for Micro Small Medium Enterprise (MSME) loans up to Rs. 2 crore without visiting their respective bank branches.

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IBBI Chairman in no mood to review amendments in Bankruptcy Rules

The Insolvency and Bankruptcy Board of India (IBBI) appears to be in no mood to review amendments made in the bankruptcy code.

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MSME expo in December is plausible to generate Rs. 50 cr Business

Micro, Small and Medium Enterprise (MSME) Expo 2017 second edition, beginning here from December 15, will act as a common platform to connect Government, PSU, MNCs and International Business communities with Indian Micro and Sal and Medium Enterprises and is expected to generate Rs 50 crore business. The expo is being jointly organized by the … Continue reading “MSME expo in December is plausible to generate Rs. 50 cr Business”

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Expert Panel to be Planned for Drug pricing and Launches

The government is planning to set up an expert panel for consultation on matters pertaining to the implementation of the drug price control order, including technicalities involved in pricing and new launches. As per the Department of Pharmaceuticals (DoP), a multi-disciplinary committee of experts will have member secretary of National Pharmaceutical Pricing Authority (NPPA) as its convener. It … Continue reading “Expert Panel to be Planned for Drug pricing and Launches”

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BSE, NSE Plan to grow Business outside SEBI’s Domain

Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) planning to expand business outside the Securities and Exchange Board of India (SEBI’s) purview. The exchanges are seeking approval for the same. The proposal has been sent to the SEBI committee, headed by former Reserve Bank of India Deputy Governor. The approval could concrete way for … Continue reading “BSE, NSE Plan to grow Business outside SEBI’s Domain”

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Tenure of Independent Trustee and Independent Director for Mutual Funds

Securities and Exchange Board of India (SEBI) vide SEBI/HO/IMD/DF2/CIR/P/2017/125 dated November 30, 2017 issued a circular in order to strengthen the governance structure for mutual funds (MFs) with respect to appointment of Independent Trustee of Mutual Funds and Independent Director of Asset Management in terms of Regulation 16(5) and Regulation 21(1) respectively of SEBI (Mutual Funds) … Continue reading “Tenure of Independent Trustee and Independent Director for Mutual Funds”

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India advances to one spot up on Global Entrepreneurship Index

India has moved up one place to the 68th spot on the Global Entrepreneurship Index (GEI) of 2018, which is topped by the US. The list was prepared for 137 countries in the world. US topped the index, India is in 68th position in the Global Entrepreneurship Index. Each country is ranked according to its GEI score to … Continue reading “India advances to one spot up on Global Entrepreneurship Index”

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3 Structural reforms in India Suggested by IMF

A 3-way approach to structural reform in India has been suggested by the International Monetary Fund (IMF). It includes addressing the corporate and banking sector weaknesses, continued fiscal consolidation through revenue measure, and improving the efficiency of labour and product markets. The 1st priority here is to address the corporate and banking sector weaknesses. This … Continue reading “3 Structural reforms in India Suggested by IMF”

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Now AADHAR may be Compulsory to Buy Shares, MF Units

Aadhaar card number can be made mandatory to buy shares and mutual fund units soon. The government and the Securities and Exchange Board of India (SEBI) are planning to link Aadhaar card to financial market transactions.

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Rs.1.37 lakh crore of tax avoid detected over last 3 years

Law enforcement agencies have detected Rs.1.37 lakh crore worth of tax evasion, began criminal prosecution in 2814 cases, and have arrested 3,893 people in the last three years, according to a statement by the Central Board of Direct Taxes. Concerted and coordinated actions of law enforcement agencies under the Department of Revenue have achieved phenomenal … Continue reading “Rs.1.37 lakh crore of tax avoid detected over last 3 years”

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Demonetisation: Deadline for depositing, exchanging scrapped notes in RBI ends today

The deadline for depositing and exchanging scrapped Rs 500 and 1000 notes for Indian citizens who were abroad during November-December 2016 will end today, according to guidelines issued by the Reserve Bank India.

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US indefinitely bans electronics on non-stop flights from eight countries

The U.S. government is temporarily barring passengers on certain flights originating in eight other countries from bringing laptops, iPads, cameras and most other electronics in carry-on luggage starting Tuesday. The reason for the ban was not immediately clear. U.S. security officials would not comment. The ban was revealed on Monday in statements from Royal Jordanian … Continue reading “US indefinitely bans electronics on non-stop flights from eight countries”

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Builders plan over 1 lakh affordable housing units in NCR

It’s hard time for affordable housing. In the Delhi-NCR region alone, over one lakh apartments are likely to be built in this segment in the next couple of years, with builders betting on a spurt in demand following sops announced by the government in this year’s Budget. Supertech, Signature Global, Gaursons, Raheja Developers, BDI, Tulip and many others are planning to launch residential projects in this category.

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Import Export Code Registration

Starting and registering a business is an important step in an entrepreneur journey. After successfully get started, everybody wants to grow their business and to go global. Import and export outside India is one of the way of doing this. Here we will guide you, how you can apply for Import export code (IEC). A) … Continue reading “Import Export Code Registration”

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