PAN 2.0 Project: The Future of India’s Tax Services Economic Boost with the New ₹1,435 Crore Investment The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved the Income Tax Department’s PAN 2.0 Project, valuing ₹1,435 crore. This significant investment aims to technologically transform taxpayer registration services, promising: Ease of Access and Improved Service Delivery: Faster services with enhanced quality. Reliable Data Consistency: A single source of truth for taxpayers. […]

One Nation One Subscription: Facilitating Free Access to International Academic Journals On November 25, 2023, the PM led Union Cabinet approved a landmark program—One Nation One Subscription. This initiative, aligning with the Anusandhan National Research Foundation (ANRF), the National Education Policy (NEP) 2020, and Viksit Bharat @ 2047, aims to provide nationwide digital access to top-tier academic research articles and journals. The government has allocated ₹6,000 crore to this project for the next three years, […]

SEBI’s New Fund Offer Regulations: A Strategic Move for Investor Protection Overview of SEBI’s New Initiative The Securities and Exchange Board of India (SEBI) is taking significant steps to enhance investor protection in the mutual fund sector through proposed regulations for New Fund Offers (NFOs). These guidelines focus on ensuring timely deployment of funds collected by Asset Management Companies (AMCs), thereby protecting investors from extended exposure delays. Key Points Covered: Regulatory Enhancement: Introduction of a […]

SEBI’s Proposed Changes to Securitized Debt Instruments: Key Insights for Financial Experts The Securities and Exchange Board of India (SEBI) has initiated a public consultation on proposed changes to the issuance and listing of Securitized Debt Instruments (SDIs). This move is part of their continuous efforts to streamline financial processes and provide clarity in regulatory frameworks. Here, we simplify the proposed changes and discuss how they could impact the financial landscape, ensuring you gain a […]

The Role of India’s Constitution and RBI in Economic Stability Celebrating 90 Years of the RBI Act of 1934 The year 2024-25 marks the 90th anniversary of the passage of the RBI Act of 1934 and the commencement of its operations on April 1, 1935. As we reflect on this milestone, it is crucial to understand the profound impact of institutions like the Reserve Bank of India (RBI) and the Constitution on the economic stability […]