80G Registration and 12A Registration Topic Covered Registration of 12A and 80G Registration Benefits and Advantages Why and when its required     12A Registration and 80G Registration and  is relevant just to NGO & altruistic associations that  Have no income being created from the business Is a charitable trust or a registered society Ought not be involving their resources or income for some other reason than noble cause/charity. Keeps up with a normal book […]

“Manthan” – SEBI Ideathon to Promote Securities Market Innovation At a gathering held in Mumbai today, Ms. Madhabi Puri Buch, Chairperson of SEBI, announced the inauguration of “Manthan” – SEBI Ideathon. Ms. Buch, who kicked off the Ideathon, stated that the implementation of Financial Technology (FinTech) in the securities market provides tremendous prospects for all parties involved. FinTech adoption can help democratise financial services by making them cheaper and more accessible to the general public, […]

NSIC Registration Process MSMEs Receive NSIC Registration through the Single Point Registration Scheme, which is valid for two years. In addition, it must be renewed every two years. Package Inclusion • Complete documentation is included in the package. • Consultation on NSIC registration over the phone while drafting and filing an application • Follow-up with the relevant department on a regular basis • End to End Support till Certificate Received What is the NSIC Registration […]

To, All Credit Rating Agencies registered with SEBI Standardisation of Ratings Scales Used by credit rating agencies – Extension of timeline for implementation SEBI instructed credit rating agencies to either align their rating scales with the rating scales established under the SEBI/HO/MIRSD/MIRSD_CRADT/P/CIR/2021/594 circular dated July 16, 2021 in order to standardise the use of rating scales.Regulation (f) of the Financial Services Act establishes criteria for each financial sector regulator or body.In the absence of the SEBI (Credit Rating Agencies) Regulations, 1999, ratings should be followed,scales set out in the Board’s circular dated June 15, 2011, or any other scales set forth in the Board’s circular dated June 13, 2019, or any other scales set forth in the Board’sBy March 31, 2022, the Board will have published a circular. Credit rating agencies have submitted requests for an extension of the date on which the requirements of section B of the aforementioned circular become effective. It has been decided to prolong the date of application of section B of the aforementioned circular due to representations received from credit rating agencies.On or before June 30, 2022, credit rating agencies must ensure compliance with the requirements/ conditions of section B of the aforementioned circular. This circular is issued in the exercise of the powers conferred on the Securities and Exchange Board of India by Section 11 (1) of the Securities and Exchange Board of India Act, 1992, read with the provisions of Regulation 20 of the Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999, to protect the interests of investors in securities and to promote the development and regulation of the securities market. For More Details and understanding the benefits CS Devyani Khambhati +91-98256-12234 Estabizz Fintech Private Limited  

To All credit rating agencies registered with SEBI Industry sector standardization—applicability to credit rating agencies The Market Data Advisory Committee (MDAC), a SEBI-established standing committee comprised of representatives from stock exchanges, depositories, and other market participants, examined existing industry classification structures across sectors and developed a harmonised four-level industry classification framework for adoption by all stakeholders and for all relevant processes/ purposes in the Indian securities market (Classification placed at Annexure A) Credit rating agencies […]