New Penalty Regime for Pan Masala Makers Introduction to the New Regime At Estabizz Fintech Pvt Ltd, we’re keenly observing the strategic developments unfolding within tax regulation. Come October 1, 2024, the pan masala industry will encounter a transformative shift as a new penalty regime takes effect. This measure, ushered in by the Central Board of Indirect Taxes and Customs (CBIC), introduces a stringent crackdown on tax evasion within this sector. Crux of the Change […]

Sebi Intensifies Oversight on Asset Management Companies to Prevent Market Abuse In a decisive move to curb market abuses, the Securities and Exchange Board of India (Sebi) has significantly tightened regulations governing asset management companies (AMCs). This development reflects Sebi’s commitment to ensuring a transparent, fair, and investor-friendly market environment, reinforcing our ongoing efforts to ensure that businesses operate within a framework of integrity and compliance. Enhanced Regulatory Framework Institutional Mechanism Introduction Issuing a pivotal […]

Embracing the Future: Easier Pathways to Becoming an Investment Advisor In a transformative development for the Indian financial service industry, the Securities and Exchange Board of India (SEBI) is poised to revolutionize the domain by proposing substantial modifications designed to streamline the pathway for professionals wishing to become Registered Investment Advisors (RIAs) and Research Analysts (RAs). These proposals, geared towards simplifying regulations, are critical for those interested in becoming investment advisors and are set to […]

BGMI Maker Krafton Prioritizes India for Major Investments Krafton’s Investment Focus in India Krafton Inc, the renowned South Korean gaming giant, is setting its sights on India, recognizing it as a paramount investment destination. With a hearty investment of $170 million already in its portfolio, the creator of the hugely popular Battlegrounds Mobile India (BGMI) and the global distributor of PlayerUnknown’s Battlegrounds (PUBG) is plotting an additional investment of $150 million. This investment will fuel […]

GIFT City Regulatory Changes: A New Threshold for Portfolio Management Services and Retail Funds Estabizz Fintech Private Limited is at the forefront of delivering innovative financial solutions globally. With a keen eye on the latest regulatory adjustments, we recognize the significant impact of the International Financial Services Authority’s (IFSCA) recent proposition. This proposal aims to halve the ticket size for Portfolio Management Services (PMS) and paves the way for retail funds, marking a transformative shift […]