In a first, to simplify the process of Know Your Customer (KYC), The Insurance Regulatory and Development Authority of India (IRDAI) has proposed to leverage the various electronic platforms to make it customer friendly and

The Angel Broking has invited applications from eligible candidates for the post of Principal consultant. The Angel Broking is an Indian stock brokerage firm established in 1987. The company is a member of the Bombay

The Infosys has invited applications from qualified Chartered Accountants for the post of Treasury Manager. Responsibilities The candidate will be managing Treasury accounting and Operation. The role broadly includes but not limited to: Daily Operations:

Amid the unfolding Paytm crisis, the Reserve Bank of India ( RBI ) is set to issue clarification, taking into account Paytm's extensive user base, as indicated by Financial Services Secretary Vivek Joshi. Last week,

The income tax department is planning to investigate on the use of fake Permanent Account Number ( PAN ) Cards in view of the large usage of the same in the market trading. For this,

In 2013, SEBI issued Investment Advisers Regulations (IA Regulations) and prescribed a framework for the registration, compliance, disclosures, SEBI’s power for inspection, investigation, and adjudication. To start with, let us discuss a few important concepts

The Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ), Delhi has upheld the order of the adjudicating authority imposing Penalty on the CHA Company & Director for not complying with the KYC norms.

To further support farmers for the current Rabi crop, the Government has decided to allow farmers to purchase seeds with the old high denomination banknotes of Rs.500 from the Centres, Units or Outlets belonging to

The Financial Intelligence Unit-India (FIU-IND) has wielded its regulatory authority under the Prevention of Money Laundering Act ( PMLA ), 2002, imposing a significant penalty of Rs. 5,49,00,000 on Paytm Payments Bank Ltd. This action

In a further drive to smooth up the Indian Corporate Sector after taking up diverse stringent actions in opposition to the shell companies keeping in view the ultimate target of preventing the generation and circulation

The Ministry of Corporate Affairs (MCA) deactivated 19,40,313 Director Identification Numbers (DINs) in the MCA21 Database due to non-filing of Know Your Client  (KYC), as on 28.11.2019. This was stated by Shri Anurag Singh Thakur,

The Indian Cyber Crime Coordination Center (I4C), under the Ministry of Home Affairs, presented the latest digital payment fraud statistics from the National Cyber Crime Reporting Portal (NCRP). The presentation covered various sources of financial

Here are the key highlights of the most expected Union budget proposals from the Government today. Budget Highlights Agriculture Credit Target to be increased to Rs. 20 lakh crores, with focus on animal husbandry, dairy

The impact of technology is so pervasive in all spheres of our lives and we may like it we may hate it, we may even dread it, but we just can’t miss it. Innovative technologies

The Chennai Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT)  upheld the Revocation of Customs Broker’s License on failure to produce KYC documents of exporter at any stage of inquiry. The appellant, M/s