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Sebi drops proceedings against Prime Focus in misleading financials caseSebi has closed adjudication proceedings against Prime Focus and its directors, ruling that the company correctly accounted for business tr...- If I gift my Rs 2 lakh to my wife who plans to invest in FD, who will pay income tax on interest earned?ET Wealth Reader's Query: I am the only earning member of my family. My company has given me a bonus of Rs 2 lakh this year (after deductin...
- Oberoi Realty & Nirmal Lifestyle get NCLT approval for mergerThe National Company Law Tribunal has approved the merger of Nirmal Lifestyle Realty with Oberoi Realty. This move will simplify Oberoi Rea...
- Disinherited in a Will? A settlement deed can still give son or daughter rights over propertyA Kerala High Court ruling clarifies that a settlement deed holds legal power over a Will. Even if children are excluded from family proper...
- Axis Asset Management Co-Axis Securities deal gets CCI nodThe Competition Commission of India has granted its approval for Axis Asset Management Company to take over the portfolio management servic...
- PMS transfer between managers gets Sebi approvalThe Securities and Exchange Board of India, Sebi, has permitted portfolio managers to transfer their portfolio management services, PMS, bu...
- Sebi allows transfer of PMS business to simplify operations, ease compliance burdenSebi has permitted portfolio managers to transfer their PMS business—partially or fully—after regulatory approval. The move aims to simplif...
- Sebi introduces process for transferring PMS biz from one portfolio manager to anotherMarkets regulator Sebi on Friday introduced a streamlined process for transferring Portfolio Management Services (PMS) business from one po...
- Overlap in service periods? EPFO simplifies transfer claim process of overlapping service periods
- Income from asset transferred to even your daughter-in-law will be clubbed to your income and will be taxable in your hand in this case, says income tax deptIncome tax clubbing: The tax department has released a new brochure saying Section 64(1)(vi), 64(1)(viii) says Income from Assets transferr...
- Company does not die upon amalgamation, transferee firm can be fastened with IT liability, says SCThe bench, which was hearing the appeal of the IT department, remanded its income tax case against Mahagun Realtors Private Limited (MRPL) ...
- Equitas Holding, SFB zoom up to 10% as boards approve scheme of amalgamationThe scheme proposes the amalgamation of Equitas Holdings into and with Equitas SFB and the dissolution without winding-up of the transferor...
- To Market, to Market With Bank LoansBoth performing and non-performing assets may be transferred, but the rules stipulate that stressed loans can only be transferred to permit...
- Sebi comes out with new registration framework on transfer of biz by intermediariesIn a circular, the regulator said it has been receiving registration applications pursuant to transfer of business (Sebi regulated business...
- Physical shares transfer deeds executed before Dec 1, 2015: Change in processing rulesSebi with a circular on 6 November 2018 mandated new guidelines to standardise documentation and procedure for transfer of securities held ...
- Sebi lays framework for transfer of securities in physical modeThe Sebi has issued standardised norms for transfer of securities in physical mode.
- Religare gets NCLT nod to merge 11 entities with itselfIn December last year, the company had informed about the said merger in order to achieve better synergy and to simplify its corporate stru...
- Airtel to transfer optical fibre biz to Telesonic NetworksBharti Airtel said it is transferring the cable business based on cash consideration of Rs 4,564.7 cr. It will be subject to upward adjustm...
- RBI asks banks to share borrower's account information while transferring it with another bankIndia's banking regulator has asked that Banks should put in place a Board approved policy with regard to take-over of accounts from anothe...
- Air India engineers' body opposes merger, moves HCThe Air India Aircraft Engineers’ Association has moved the Delhi High Court challenging merger of the Air India and Indian Airlines with t...
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