Tags : startup, fund of funds, tax incentives, portal
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Allahabad HC Denies Bail to Ex-MLA Mukhtar Ansari in Funds Misappropriation Case(14.06.2022)
Allahabad High Court while denying bail to former MLA Mukhtar Ansari n connection with a case over misappropriation of MLA funds, called him a dreaded.....
Tags : Allahabad High Court, Funds Misappropriation, Bail
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Delhi HC Pulls Up AAP Over Funds for Hiring Judicial Support Staff(28.10.2020)
Delhi High Court has pulled up the Aam Aadmi Party Government for making the subordinate judiciary “run from pillar to post” to get funds sanctioned f.....
Tags : Delhi High Court, Funds for Hiring Judicial Support Staff
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Delhi HC: Income From Shares/ MFs Trades 'Capital Gain', If Treated as Investment in Past Years(17.05.2017)
Delhi High Court has held that income from trading in shares/mutual funds must be treated as ‘Capital Gain’ if Revenue has been treating the same as i.....
Tags : Delhi High Court, shares/mutual funds, capital gain
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Delhi HC Appoints Justice Sikri to Oversee Funds Utilization in ISSF Shooting World Cup 2023(20.01.2023)
Delhi High Court while appointing retired Supreme Court judge, Justice Arjan Kumar Sikri, as Administrator to oversee utilization of funds in upcoming.....
Tags : Delhi High Court, ISSF Shooting World Cup, Funds
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Sebi : Venture Capital Funds Can Now Invest 25% in India-Linked Firms(05.10.2015)
Sebi in order to boost entrepreneurship and prevent Indian firms shifting their businesses to foreign countries, has allowed Alternative Investment Fu.....
Tags : Sebi,Venture Capital Funds
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Kerala HC: Funds for Tribal People Under Various Schemes Not to be Diverted(26.02.2021)
Kerala High Court has ordered that funds available under various schemes for tribal people should not be diverted in any manner and they should accord.....
Tags : Kerala High Court, Funds for Tribal People
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SC Dismisses Plea Seeking Allocation of Separate Funds for Judiciary(03.03.2021)
Supreme Court has dismissed for non prosecution a Public Interest Litigation filed seeking directions for allocation of separate and adequate funds fo.....
Tags : Supreme Court, Allocation of Separate Funds for Judiciary
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RBI Amends Investment, Trading Rules for Banks(26.09.2017)
Reserve Bank of India (RBI) has barred banks from investing in category III Alternative Investment Funds, specified norms for their participation in c.....
Tags : Reserve Bank of India, Alternative Investment Funds
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SEBI Issues Guidelines for Alternative Investment Funds Benchmarking(07.02.2020)
Securities and Exchange Board of India has issued guidelines for benchmarking the performance of alternative investment funds with a view to streamli.....
Tags : SEBI, Alternative Investment Funds
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SEBI Relaxes Valuation Norms for Mutual Funds(24.04.2020)
Securities and Exchange Board of India has relaxed valuation norms on money and debt market instruments held by mutual funds in the wake of the loan m.....
Tags : Securities and Exchange Board of India, Mutual Funds Valuation Norms
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ITAT: Commission Earned on Distribution of Indian Mutual Fund Outside India is Not Taxable(10.06.2022)
Income Tax Appellate Tribunal (ITAT) has held that commission earned on distribution of Mutual Funds schemes of an Indian fund outside India cannot be.....
Tags : ITAT, Mutual Funds, Distribution
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Delhi HC Directs Delhi Government to Release Funds for Requirements of District Courts(22.10.2020)
Delhi High Court has directed the Delhi Government to release funds for requirements of District Courts starting with funds for purchasing 20% of the .....
Tags : Delhi High Court, Release Funds for Requirements of District Courts
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SC: Government of Uttarakhand Explains ‘Misutilization’ of CAMPA Funds(20.03.2025)
Government of Uttarakhand has explained the misutilization of CAMPA (Compensatory Afforestation Fund Management and Planning Authority) funds to the S.....
Tags : Government of Uttarakhand, CAMPA Funds, Misutilization
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CBDT Issues Guidelines for Granting Exemption to Foreign Wealth Funds and Pension Funds(28.10.2021)
Central Board of Direct Taxes (CBDT) has issued guidelines for granting an exemption under section 10(23FE) of the Income Tax Act, 1961 to Foreign Wea.....
Tags : Central Board of Direct Taxes, Exemption to Foreign Wealth Funds and Pension Funds
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Madras HC Questions Commissioner on Stopping of Vehicle Collecting Funds for Ram Temple(26.02.2021)
Madras High Court has summoned the Commissioner of Police, Madurai, to appear before it on 1st March, 2021 to answer as to why even after the Court ha.....
Tags : Madras High Court, Funds for Ram Temple
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Supreme Court: NGOs Cannot be Denied Foreign Funds(09.03.2020)
Supreme Court has observed while ruling that the bar under the Foreign Currency Regulation Act, 2010 applied only to political parties that the Govern.....
Tags : Supreme Court, Foreign Funds
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Karnataka HC Directs State Bar Council to Set Apart Funds for Clerks(01.10.2020)
Karnataka High Court has directed the Karnataka State Bar Council to set apart a reasonable amount out of the Rs 5 Crore state grant given to it for t.....
Tags : Karnataka High Court, Funds for Clerks
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Madras HC: ECI Can Put Guidelines to Ensure Public Funds Not Used by Ministers for Campaigning(24.03.2021)
Madras High Court has said the Election Commission of India can put some guidelines in place to ensure that public funds are not brazenly used by mini.....
Tags : Madras High Court, Use of Public Funds for Campaigning
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Madras HC: Public Service is Being Performed by Lawyers, They Cannot be Denied Funds(21.06.2024)
Madras High Court has stated that lawyers perform public services that are similar to those of public servants and the Government should ensure that p.....
Tags : Madras High Court, Public Services, Funds
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SEBI Notifies Rules on Co-Investment Made by Investors of Alternative Investment Funds(15.11.2021)
Securities and Exchange Board of India (SEBI) has notified the Securities and Exchange Board of India (Alternative Investment Funds) (Fifth Amendment.....
Tags : Securities and Exchange Board of India, Investors of Alternative Investment Funds
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Calcutta HC Directs Conduct of Enquiry into Alleged Misappropriation of Govt Scheme Funds(20.01.2022)
Calcutta High Court has directed the District Magistrate, South 24 Parganas to conduct an enquiry into the alleged misappropriation of funds allocated.....
Tags : Calcutta High Court, Alleged Misappropriation of Govt Scheme Funds
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Rajya Sabha Clears Chit Funds (Amendment) Bill, 2019(29.11.2019)
Rajya Sabha has cleared the Chit Funds (Amendment) Bill, 2019 to streamline operations of collective investment schemes or chit funds with the aim to .....
Tags : Rajya Sabha, Chit Funds
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Foreign Funds Case: Supreme Court Asks Indira Jaising, Anand Grover to Reply(14.11.2019)
Supreme Court has sought response from NGO Lawyers Collective and its founding members Anand Grover and Indira Jaising on a plea by the Central Bureau.....
Tags : Supreme Court, Foreign Funds Case
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Sebi Allows Mutual Funds & Portfolio Managers to Invest in Securities Listed in IFSC(29.05.2017)
Sebi has allowed portfolio manager operating in IFSC to invest in securities listed in IFSC, issued by companies incorporated in IFSC, issued by compa.....
Tags : Sebi, Mutual Funds & Portfolio Managers, IFSC
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E-wallet investments in Mutual Funds(23.03.2023)
1. SEBI, vide Circular Ref. no.- SEBI/HO/IMD/DF2/CIR/P/2017/39 dated May 8, 2017, permitted use of e- wallet for investment in Mutual Funds within the.....
Tags : E-wallet, Investments, Mutual Funds
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Circular on Mutual Funds(25.02.2016)
The Securities and Exchange Board of India released a circular on the treatment of unclaimed redemption and divided amounts. Some of the changes inclu.....
Tags : Mutual funds, unclaimed redemption, dividend amounts
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Delhi HC Directs AAP Government to Release Funds to Four DU Colleges(05.11.2020)
Delhi High Court has directed the Aam Aadmi Party government to release funds to four Delhi University colleges, fully funded by it, to enable them to.....
Tags : Delhi High Court, Delhi University, Release of Funds
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SEBI Puts Rules for Mutual Funds to Restrict Redemptions(01.06.2016)
To curtail mutual fund houses' powers to suddenly restrict redemptions from a scheme, markets regulator SEBI has put in place a set of rules and also .....
Tags : SEBI, Mutual funds, Redemption
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Del. HC: Collection of Funds to Commit Offence in Future Not Money Laundering Under PMLA(05.12.2024)
Delhi High Court has stated that the proceeds of crime has to be generated as a result of criminal activity. The collection of funds in an illegal way.....
Tags : Delhi High Court, Money Laundering, Collection of Funds
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SC Asks Chief Secretary of Uttarakhand to Explain Misutilization of CAMPA Funds(06.03.2025)
Supreme Court has asked the Chief Secretary of Uttarakhand to explain why the CAMPA funds which are meant for improving the green cover across the cou.....
Tags : Supreme Court, CAMPA Funds, Chief Secretary
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Kerala HC Stays Single Judge Bench Direction to State to release Funds to KSRTC(01.09.2022)
Kerala High Court has stayed the order passed by single judge bench directing the state to release funds to KSRTC to clear salary dues of its employee.....
Tags : Kerala High Court, KSRTC, Funds
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Manipur HC Directs State Bar Council to Release Funds for Lawyers Financial Assistance(19.05.2020)
Manipur High Court has directed the Bar Council of Manipur to release a sum of Rs. 2,08,932/- for purposes of extending financial assistance to advoca.....
Tags : Manipur High Court, Funds for Lawyers Financial Assistance
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RBI Announces Safeguards for Funds Raised via TLTRO Mechanism(16.04.2020)
Reserve Bank of India (RBI) has set a threshold on the deployment of funds raised by a bank through the Targeted Long Term Repo Operations (TLTRO) at .....
Tags : RBI, Safeguard for Funds
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Gauhati High Court: Chief Secretary’s Statement Sought on Inadequacy of Funds(11.06.2024)
Gauhati High Court has sought the statement of the Assam Government’s Chief Secretary to apprise the Court about the inadequate disbursement of compen.....
Tags : Gauhati High Court, Inadequacy of Funds, Assam Government
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Delhi HC Seeks Government Reply on CAG Audit Citing Misuse of Workers’ Funds(15.07.2020)
Delhi High Court has asked the Aam Aadmi Party Government to reply to Comptroller and Auditor General’s audit findings on irregularities in a cess fun.....
Tags : Delhi High Court, Misuse of Workers’ Funds
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Delhi HC Asks Petitioners to Approach CVC Regarding Alleged Misuse of Funds by Delhi Govt Hospitals(14.01.2019)
Delhi High Court has asked two advocates to place before the Central Vigilance Commission (CVC) their petition against alleged misappropriation/misuse.....
Tags : Delhi High Court, Misuse of Funds by Delhi Govt Hospitals
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Securities and Exchange Board of India Allows Direct Sales of Mutual Funds on Exchanges(27.02.2020)
Securities and Exchange Board of India has allowed investors to directly use the infrastructure of stock exchanges to purchase and redeem units direct.....
Tags : Securities and Exchange Board of India, Direct Sales of Mutual Funds on Exchanges
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Mad. HC: Surplus Funds of Temple Cannot be used to Construct Shopping Complexes(13.01.2025)
Madras HC has clarified that surplus funds of temple, which is a religious institution can be used only for the specified purposes and cannot be used .....
Tags : Madras High Court, Shopping Complexes, Surplus Funds
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Addendum to SEBI Circular on Development of Passive Funds(28.07.2022)
1. This has reference to SEBI circular No. SEBI/HO/IMD/DOF2/P/CIR/2022/69 dated May 23, 2022 on "Development of passive funds". The provisions of the .....
Tags : Addendum, Development, Passive Funds
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Companies (Acceptance of Deposits) Second Amendment Rules, 2015(15.09.2015)
The Ministry of Corporate Affairs notified amendment to Rule 2(i)(c)(viii) of the Companies (Acceptance of Deposits) Rules, 2014. Aside from being per.....
Tags : Company, director, funds, give, declaration
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Calcutta HC Directs to Conduct Enquiry Into Alleged Misappropriation of MGNREGA Funds(18.01.2022)
Calcutta High Court has directed the District Magistrate, Purba Medinipur to conduct an enquiry into the alleged defalcation of funds allocated under .....
Tags : Calcutta High Court, Misappropriation of MGNREGA Funds
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Calcutta High Court Pulls State Government Over Lack of Funds(15.01.2025)
Calcutta High Court pulled up the State Government over lack of funds and stated that it is a very sorry state of affairs that there is no money for p.....
Tags : Calcutta High Court, State Government, Lack of Funds
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Madras HC: No Political Symbols or Leader Photos in Welfare Ads(01.08.2025)
Madras High Court, in an interim order, barred the use of party names, symbols, or photos of former Chief Ministers in Government welfare scheme adver.....
Tags : Political neutrality, Government advertisement, Public funds, Madras HC
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SEBI Tightens Norms for Liquid Funds(23.09.2019)
Securities and Exchange Board of India (SEBI) as part of its attempts to strengthen the risk management framework for liquid funds has made it mandato.....
Tags : SEBI, Liquid Funds
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Lok Sabha Passes Chit Funds (Amendment) Bill, 2019(21.11.2019)
Lok Sabha has passed the Chit Funds (Amendment) Bill, 2019 that seeks to streamline operations of chit funds in India and protect the interests of inv.....
Tags : Lok Sabha, Chit Funds (Amendment) Bill, 2019
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SC Dismisses Mahua Moitra's Plea Challenging Exclusion of CM's Relief Fund from CSR(11.08.2020)
Supreme Court has dismissed plea filed by Mahua Moitra which challenged the Centre's circular which states that Chief Minister's Funds or State Relief.....
Tags : Supreme Court, Chief Minister's Funds
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Kerala High Court: Technical Glitches Not to Hinder Grant of Tax Refunds(21.10.2021)
Kerala High Court has ruled that technical glitches should not stand in the way of ultimate grant of relief by way of refund to taxpayers. The Court h.....
Tags : Kerala High Court, Grant of Tax Refunds
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Finance Ministry Issues Directions to Clear Pending Income Tax Refunds(09.04.2020)
Finance Ministry has unveiled a raft of measures to ensure availability of cash in the system, including speeding up of held-up refunds worth Rs 18,00.....
Tags : Finance Ministry, Pending Income Tax Refunds
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SEBI Asks Franklin to Return Money to Investors in 6 Funds(08.05.2020)
Securities and Exchange Board of India has asked Franklin Templeton Mutual Funds to focus on returning the money to investors stuck in six funds as so.....
Tags : Securities and Exchange Board of India, Franklin Templeton Mutual Funds
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Kerala HC: State's Appeal Against Order Directing it to Release Funds to KSRTC Infructuous(30.09.2022)
Kerala High Court while dismissing State government’s appeal against an order directing it to release funds for KSRTC, has held that the appeal is inf.....
Tags : Kerala High Court, KSRTC, Funds
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SEBI Clarifies Regarding Transactions in Mutual Funds Facilitated by Online Platforms(16.03.2022)
Securities and Exchange Board of India has clarified regarding transactions in mutual funds facilitated by online platforms. The Board has said paymen.....
Tags : Securities and Exchange Board of India, Transactions in Mutual Funds
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SEBI Modifies NAV Rules for Mutual Funds(18.09.2020)
Securities and Exchange Board of India (SEBI) has asked mutual funds to uniformly apply net asset value (NAV) across schemes upon realisation of funds.....
Tags : Securities and Exchange Board of India, NAV Rules for Mutual Funds
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Karnataka HC Directs Centre, State to Release Funds for Children with Rare Genetic Disease of LSD(26.04.2021)
Karnataka High Court has directed the Government of India to pay a sum of Rs 3 crore and the State Government to pay a sum of Rs 2 Crore to the Indira.....
Tags : Karnataka High Court, Funds for Children with Rare Genetic Disease of LSD
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Byju’s Second Rights Issue for Raising Funds Halted by NCLT(14.06.2024)
National Company Law Tribunal has retrained ed-tech firm Byju’s from going ahead with the present rights issue which is in progress, till the disposal.....
Tags : NCLT, Byju’s, Raising Funds
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IGST Export Refunds-Extension in SB005 alternate mechanism and revised processing in certain cases including disbursal of compensation Cess(27.08.2019)
CBIC has issued circulars 05/2018-Customs dated 23.02.2018, 08/2018-Customs dated 23.03.2018, 15/2018-Customs dated 06.06.2018 and 40/2018-Customs dat.....
Tags : IGST Export, Refunds, Extension
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Supreme Court Asks Centre to Act Against NGOs Misusing Public Funds(11.01.2017)
Supreme Court has directed Government to audit nearly 30 lakh NGOs which received public funds but consistently failed to explain how they spent money.....
Tags : Supreme Court, NGOs, Public Funds
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CBDT Extends Time to Process Refunds in Non-Scrutiny Cases for Assessment Year 2017-18(07.07.2021)
Central Board of Direct Taxes has extended the time for processing refunds in non-scrutiny cases for assessment year 2017-18 up to 30th September, 202.....
Tags : Central Board of Direct Taxes, Process Refunds in Non-Scrutiny Cases for Assessment Year 2017-18
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