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FOREIGN CONTRIBUTION REGULATIONS ACT
Supply crunch lifts stablecoin premium above 8.5% in IndiaIndia is facing a significant shortage of stablecoins like USDT, causing its price to surge locally. This premium, usually modest, has ball...
Pakistan, Bahrain discuss 'latest regional situation' amid renewed attacks by US, IranIn a bid to navigate the tumultuous regional landscape, Pakistan and Bahrain convened talks focused on heightened tensions between the US a...
KCBC urges centre to address FCRA concerns, welcomes transparency measuresThe Kerala Catholic Bishops' Council (KCBC) has urged the Centre to address concerns regarding recent FCRA amendments, while supporting the...
FEMA rules revision: Exporters flag at least half-a-dozen worriesIndian exporters are urging the Reserve Bank of India to reconsider revised FEMA regulations, citing potential disruptions to trade and liq...
EU tech chief Virkkunen holds call with Apple CEO on Monday, Commission saysThe European Union's top tech official, Virkkunen, is scheduled for an urgent call with Apple's CEO on Monday. This high-level meeting, con...
Congress calls new FCRA rules 'draconian', seeks rollbackThe Congress party has called on Prime Minister Narendra Modi to retract new Foreign Contribution (Regulation) Act rules. These regulations...
Systemic assault on civil society: Congress' Venugopal writes to PM on amendments to FCRA rulesCongress leader K.C. Venugopal has strongly criticized the government's new Foreign Contribution (Regulation) Act rules, calling them a "sy...
EU targets Amazon, Microsoft cloud units for Big Tech 'gatekeeper' rulesEU antitrust regulators are eyeing Amazon and Microsoft's cloud services, AWS and Azure, as potential 'gatekeepers' under new tech rules. T...
Amazon, Microsoft cloud computing services should fall under EU tech rules: regulatorsEU antitrust regulators have preliminarily identified Amazon Web Services and Microsoft Azure as 'gatekeepers' under the Digital Markets Ac...
RBI eases forex exposure rules, giving banks more room to tradeThe Reserve Bank of India has updated foreign exchange exposure rules for banks. These changes simplify calculations by merging onshore and...
SFIO to probe Rajesh Exports over SEBI's fraud allegationsAuthorities are intensifying scrutiny on Rajesh Exports. The Serious Fraud Investigation Office will probe the gold refining giant followin...
Regulating charity without stifling it: The case for clearer rulesIndia's charity sector, vital for social needs, faces evolving regulations aimed at transparency. While scrutiny is accepted, current rules...
MHA notifies FCRA rules defining religious activities, tightens complianceNew rules from the Home Ministry now define what qualifies as religious activity for foreign-funded organizations in India. The updated fra...
Rajesh Exports' troubles deepen with ED searches amid Rs 15 lakh crore revenue rowEnforcement Directorate officials conducted searches at Rajesh Exports' Bengaluru and Mumbai locations. This action follows scrutiny by mar...
Govt revises penalties under FCRA involving receipt of foreign contributions by NGOsNew penalties are now in place for NGOs misusing foreign funds. The Home Ministry has revised compounding penalties for various FCRA violat...
Have a US 401(k)? Indians must report withdrawals and maturity details in ITR schedules FSI and FAIndian taxpayers with US 401(k) accounts must now report withdrawals and maturity details in ITR schedules FSI and FA. Failure to disclose ...
Binance tightens rules for India users, falls in lineBinance, the world's largest crypto exchange, is now requiring Indian users to provide more details for every crypto deposit and withdrawal...
Indonesia plans to embed AI in key programmes, including $15 billion free-meal drive, document showsIndonesia's progress on AI has been slow when compared with Singapore and Malaysia. They are pushing to establish themselves as developme...
Regulatory minefield: ED enters the crypt, waking up the ghosts for Crypto IncIndia's crypto sector faces a new crisis as the Enforcement Directorate probes four firms for unauthorized foreign money transfers using di...
Sebi reinstates open market buybacks via exchangesSebi has greenlit buyback flexibility for companies, reintroducing open market options via exchanges from August 1. Mutual funds gain relax...