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Sebi unlocks digital POAs for FPIs, waives notarisation & apostillisationSEBI now permits Foreign Portfolio Investors (FPIs) to submit digitally signed Power of Attorney documents, complying with the Information ...- Sebi eases FPI onboarding by allowing digitally signed Power of AttorneySebi has streamlined the onboarding process for foreign portfolio investors by permitting the use of digitally signed power of attorney doc...
- End dependence days: What India should and should not buildCurrent government procurement policies can obstruct innovation, often favouring established firms. Furthermore, major Indian corporations ...
- NRI used NRE account to buy Rs 79 lakh property, got ‘unexplained cash’ tax notice; ITAT Ahmedabad grants full reliefNRI used money from his NRE bank a/c to buy property for Rs 79 lakh, files no ITR; tax dept sent notice for unexplained cash; he wins case ...
- Sebi unveils simpler rules for mutual fund transmission claimsMutual fund unit transmission is now simpler for nominees and joint holders. Asset management companies will rely on the latest address wit...
- Strict KYC rules hit NRI equity investmentsInvestments by Non-Resident Indians (NRIs) in Indian stock markets are slowing, despite a rise in account openings. While global uncertaint...
- Who is Kurt Kromm? Ford worker earning over $200,000 fired over $1.95 cookie after payment kiosk failedA Ford employee, Kurt Kromm, was reinstated after being fired for allegedly stealing a cookie. Kromm, a diabetic, claimed he paid for the $...
- NRI equity inflow falls; Pi Ventures preps exitsNRI accounts are surging even as stricter compliance and a softer market cool equity inflows. This and more in today’s ETtech Morning Dispa...
- MP sarpanch removed for ‘leasing out’ panchayat to repay ₹20 lakh loanIn Guna, Madhya Pradesh, Sarpanch Laxmi Bai allegedly leased Karod panchayat to Ranveer Singh Kushwaha for Rs 20 lakh. A notarized affidavi...
- As banks challenge death certificates, customers are finding it hard to claim their own assetsIn the absence of clear solutions and adequate redressal mechanisms for such complaints, many families are being forced to abandon their as...
- Why rent agreements are mostly made for 11 months only?The Section 17 of the Registration Act, 1908, states that a lease agreement for a term not exceeding one year is not mandatorily registrabl...
- Govt eases claim settlement process under IEPFA"The new regime envisages a trust-based model for faster citizen-centric services and turnaround time. It is expected that with these chang...
- CBIC allows traders to import, export goods without furnishing bondsThe decision was taken after field formations flagged the unavailability of notarised stamp papers for furnishing the bonds that was being ...
- When it comes to money matters, why you should use 2020 in fullWhile quote the date in any financial or legal document you must write the date in full format. For example, you must write 31/01/2020 and ...
- Lost your property papers? Here are the steps you should takeAn application with these documents must be made to the property registrar to obtain duplicate copies of the sale deed.
- Centre asks states to do away with affidavits"As part of simplification of procedures, the Centre has issued advisories to all states to do away with the requirement of taking affidavi...
- What happens to demat account of HUF on death of karta?CDSL allows demat account to be opened in the name of the HUF. In case of death of the karta, certain transmission procedures need to be fo...
- Tamil Nadu to accept self attestation of certificates by individualsThe Tamil Nadu government has directed all its departments to do away with the practice of attestation of certificates by its officers.
- Five smart things to know about Power of AttorneyBank accounts, security trading accounts, investment transactions in property, mutual funds and securities can be operated using the power ...
- Smart things to know: Power of attorney in mutual fundsMutual fund investors can issue a power of attorney to a designated person in order to operate their folios and conduct transactions on the...
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