Rectify Mistakes in Your Income Tax Returns in India by Filing a Revised Return   Introduction for Revised Income Tax Return   Filing income tax returns is an important obligation for taxpayers in India. However, errors or omissions can occur while filing the original return. In such cases, it becomes necessary to rectify these mistakes by filing a revised return. This article will provide an in-depth guide on how to revise your income tax returns […]

SEBI proposes to restrict association with unregistered entities including Finfluencers   SEBI wants to make it harder for people to work with unregistered businesses, like Finfluencers. In the beginning   The Securities and Exchange Board of India (SEBI) has recently suggested new rules that would make it harder for people to work with private companies, like Finfluencers, and do business with them. This move is part of SEBI’s ongoing work to protect investors’ interests and […]

Common Mistakes that May Result in Receiving a Tax Notice Introduction Filing taxes can be an intimidating process, but it becomes even more daunting when you receive a notice from the tax authorities. One misstep in your tax return can land you in hot water with the taxman. To avoid this unpleasant situation, it is essential to be aware of the common mistakes that may lead to receiving a tax notice. Incorrect Reporting of Income […]

SEBI is looking for feedback on a new system for collecting fees from investment advisers and research analysts.   The Securities and Exchange Board of India (SEBI) has published a consultation paper describing a proposal for a closed environment for fee collection by SEBI licence Investment Advisers (IAs) and Research Analysts (RAs) from their customers. The aim is to assist investors in identifying, isolating, and avoiding unregistered businesses and to make sure that payments are […]

Procedure for seeking prior approval for change in control certain intermediaries including Merchant Bankers and Bankers to an Issue   Based on Circular No.: SEBI/HO/CFD/PoD-2/P/CIR/2023/141, The Securities and Exchange Board of India (SEBI) has explained how to get permission for a change in control of certain middlemen, such as Merchant Bankers and Bankers, before it happens. The letter gives information on how to meet the standards of the laws and stay in line with them. […]