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SUPERVISORY FEE
At Big 4 firms, AI is starting to reshape the tax professionMajor accounting firms in India are embracing artificial intelligence for tax services. AI is automating routine tasks, research, and draft...
Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
Asked to work beyond office hours? Know your rights under new Labour CodeIndian employees are often verbally instructed to work beyond mandated hours, a practice normalized but not legal. While the new Labour Cod...
What Trump’s 39‑day war achieved: A Hormuz trophy for IranThe US–Iran ceasefire, struck at the brink of escalation after 39 days of conflict, signals a fragile pause shaped more by pressure than di...
India to introduce risk-based deposit insurance premiums for banks from April 1Banks in India will soon pay deposit insurance based on their risk profile. The Reserve Bank of India is introducing a new system from Apri...
Karnataka govt proposes 2% cess on movie tickets, TV channelsThe Karnataka government has proposed a 2% cess on movie tickets and TV subscription fees to fund welfare schemes for cine and cultural act...
Meta, TikTok win challenge against EU tech fees in setback for EU regulatorsMeta and ByteDance's TikTok sued the European Commission after they were hit with a supervisory fee of 0.05% of their annual worldwide net ...
No plans to get Big Tech to pay digital law compliance costs, EU tech chief saysGermany and European Parliament lawmakers have lobbied for a supervisory fee to be levied on Big Tech to help EU antitrust regulators bette...
Meta and TikTok challenge tech fees in second highest EU courtMeta and TikTok challenged an EU supervisory fee under the Digital Services Act, calling it disproportionate and based on flawed calculatio...
Sebi asks RAs, IAs to disclose most important terms, conditions of services to clientsMarkets regulator Sebi on Monday asked research analysts (RAs) and investment advisers (IAs) to disclose the most important terms and condi...
Sebi issues guideline for research analysts, investment advisersSebi has released guidelines for research analysts and investment advisers to enhance investor protection and transparency. New requirement...
Sebi announces centralised fee-collection platform for IAs, RAs, to be operational from October 1SEBI has introduced a centralized fee collection mechanism (CeFCoM) for investment advisors and research analysts. Investors can now pay fe...
Finmin asks PSU banks for comprehensive review of their gold loan portfolioThe Indian finance ministry has directed state-owned banks to conduct a comprehensive review of their gold loan portfolios, citing instance...
Germany wants Big Tech to pay towards compliance costs of new digital lawThe landmark rules set out a list of requirements for the six companies, such as allowing rival services to inter-operate with their servic...
TikTok challenges EU supervisory fee, following Meta's footstepsUnder the Digital Services Act (DSA), 20 very large online platforms, including TikTok, Meta, Google, Apple and two very large online searc...
How Sebi's new fee collection mechanism will impact investment advisors, analystsSebi said that this ecosystem will help investors ensure that their payments are reaching only registered IAs and RAs. As a corollary, this...
Credit Suisse made ''serious breach'' of law: Swiss regulatorSwitzerland's financial markets authority, FINMA, said on Tuesday that it has concluded enforcement proceedings opened two years ago agains...
Big online firms face 0.1% supervisory fee under new EU rulesThe Digital Services Act (DSA) rules are likely to be agreed between EU countries and lawmakers later this month. Levying such a fee would ...
Existing investment advisers need to obtain BASL membership by Aug 31BASL, a wholly-owned subsidiary of BSE, has been granted recognition as Investment Adviser Administration and Supervisory Body (IAASB) for ...
- Siemens seeks damages from 11 ex-execs
Siemens AG said on Tuesday it plans to sue two former CEOs and nine other ex-executives for alleged supervisory failings in a corruption sc...