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Capital Investment Subsidy Scheme for Cold Storage in Horticulture
The Capital Investment Subsidy Scheme aims to promote the development of cold storage facilities for horticulture produce. This initiative is designed to encourage the construction, expansion, and mod...
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IFSCA Forms Working Group for NRIs and Registration
The International Financial Services Centres Authority (IFSCA) has taken a significant step towards promoting the development of Non-Resident Individual (NRI) businesses and facilitating easier regist...
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IFSCA (Payment Services) Regulations, 2023
The International Financial Services Centres Authority (IFSCA) plays a crucial role in governing financial products and services in the International Financial Service Centres (IFSC). As part of their...
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IFSCA Invites Suggestions for Fund Management Regulations Review
In a move to streamline financial sector compliance and regulatory measures, the International Financial Services Centres Authority (IFSCA) has issued a call for suggestions regarding the review of th...
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IFSCA Sustainable Lending Framework FAQs
The International Financial Services Centres Authority (IFSCA) has introduced a Sustainable and Sustainability-linked Lending Framework (SF Framework) aimed at promoting sustainable lending practices...
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IFSCA Forms Fund Management Advisory Committee
Introduction: The International Financial Services Centres Authority (IFSCA) has taken a significant step towards enhancing the development and regulation of the fund management industry within Intern...
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ED Seizes ₹242.39 Cr in Ahmedabad Forex Trading Scam
In a significant development, the Enforcement Directorate (ED) has conducted search operations in Ahmedabad under the provisions of the Prevention of Money Laundering Act, 2002 (PMLA). These operation...
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Report of expert committee on ‘Onshoring Indian Innovation to GIFT IFSC’
International Financial Services Centres Authority (A statutory authority established by Government of India) Press Release Report of the expert committee on ‘Onshoring the Indian Innovation to GIFT I...
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Proposed Amendments on IFSC Insurance Office Investment Regulations 2023
Introduction: The International Financial Services Centres Authority (IFSCA) is at the forefront of a major shift in the regulatory landscape concerning the investments made by the International Finan...
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Expert Committee Report on Onshoring Indian Innovation to GIFT IFSC Released
Introduction: The International Financial Services Centres Authority (IFSCA) has received a comprehensive report from a Committee of Experts. This report focuses on the critical theme of ‘Onshoring th...
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Regulation & Taxation of Cryptocurrencies: Government’s Approach
Introduction: This article delves into the Indian Government’s stance on regulating and taxing cryptocurrencies issued by private agencies. It provides insights into the existing regulatory framework,...
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Embracing Global Horizons: Indian Hotels Announces Monumental Acquisition of Pamodzi Hotels in a $15 Million Deal
Indian Hotels Company Limited (IHCL) Expands its Global Footprint In a ground-breaking deal that underscores the continued expansion and resilience of the hospitality industry, Indian Hotels Company L...
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ED Cracks Down on Pigeon Education Technology for Illicit Financial Activities
The Enforcement Directorate (ED) has made substantial strides in their ongoing investigation of Pigeon Education Technology India Pvt. Ltd. The ED’s recent actions have brought to light dubious financ...
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Mahila Samman Savings Certificate, 2023: Available in Public & Private Banks
Empowering Women Through Mahila Samman Savings Certificate, 2023: Available in Public and Selected Private Sector Banks Introduction: The Indian government, in a bid to fortify its commitment to the f...
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ECGC Ltd. Advances Digital Transformation, Enhances Export Credit Insurance Coverage
The Union Minister of Commerce and Industry, Shri Piyush Goyal, recently announced several promising developments for the Export Credit Guarantee Corporation of India Limited (ECGC Ltd.) in a media br...
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CBI Arrests CGST Officials in Jabalpur Bribery Case, Chargesheet CIT & Arrests EPFO Officer
The Central Bureau of Investigation (CBI) has made significant progress in multiple bribery cases, including the arrest of CGST officials in Jabalpur and the filing of a chargesheet against a former I...
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Consultation Paper on IFSCA (Payment Services) Regulations, 20XX: Seeking Public Input
The International Financial Services Centres Authority (IFSCA) has released a consultation paper on the proposed IFSCA (Payment Services) Regulations, 20XX. The objective of this paper is to invite co...
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IFSCA constitutes Precious Metals Advisory Committee (PMAC)
The International Financial Services Centres Authority (IFSCA) has announced the formation of the Precious Metals Advisory Committee (PMAC). The committee’s objective is to gather input on strategic a...
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Data analytics, big data & Artificial Intelligence/Machine Learning in tax administration
Both direct and indirect tax departments employ data analytics, big data and Artificial Intelligence/Machine Learning in tax administration to make it more effective, free of official discretion, busi...
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CBDT Releases Direct Tax Statistics
Release of Direct Tax Statistics The Central Board of Direct Taxes (CBDT) has been releasing key statistics relating to Direct Tax collections and administration in public domain from time to time. In...