Assessing the Shift: PMS Investors Eyeing Focused Funds Post New Tax Amendments In the wake of recent tax changes pronounced in the Union Budget for 2024-25, investors rooted in Portfolio Management Services (PMS) are standing at a pivotal crossroads. The increased tax on long-term capital gains (LTCG) and short-term capital gains (STCG) heralds a new era of challenges and strategic recalibrations for PMS investors. At Estabizz Fintech Private Limited, we aim to demystify these complexities, […]

Sebi’s Strategic Move Towards Simplifying Rights Issues Introduction to Sebi’s Proposal: The Securities and Exchange Board of India (Sebi) has taken a significant step towards streamlining the process of fundraising through rights issues. With an aim to expedite and simplify this mechanism, Sebi has introduced a series of proposed changes that mark a progressive shift in the regulatory landscape. This initiative underscores Sebi’s commitment to making rights issues a more attractive and efficient avenue for […]

Focusing on Genuine Tax Evasion: A Priority for Tax Officials In a recent gathering in New Delhi, the second edition of the ‘National Conference of Enforcement Chiefs of State and Central GST Formations’ unfolded, highlighting a critical avenue for the Indian tax administration’s path forward. With valuable insights shared by senior finance ministry officials, the directive was clear: Focus on Real Tax Evasion, Not Issues Prone to Interpretation, Tax Officials Told. This emphasis marks a […]

India’s Generative AI Startups Explore New Frontiers Beyond ChatGPT In recent developments from New Delhi, startups like Sarvam and Adya.ai are spearheading India’s charge into the burgeoning field of generative artificial intelligence (AI). However, they’re charting a distinct path by venturing beyond the realms of large language models akin to ChatGPT. This strategic pivot towards industry-specific applications not only offers a clearer path to monetization but also sidesteps the fierce competition from AI behemoths. Sarvam’s […]

RBI’s New Guidelines: A Turning Point for India’s P2P Lending Sector Introduction In a significant move on Friday, the Reserve Bank of India (RBI) introduced revised guidelines for Peer-to-Peer (P2P) lending platforms, marking a pivotal moment that potentially reshapes the landscape of India’s burgeoning P2P lending industry. The RBI’s Stance on P2P Lending The RBI’s decision to prohibit P2P platforms from promising minimum returns, offering instant liquidity options, and marketing these platforms as investment products […]