Page 17 - Shrimi Choudhary/workspace/business Standard Web/@shrimichoudhary

Sebi moots stricter framework for identifying FPI beneficial owners

Current threshold of 25% too high for certain categories of investors, fears the regulator

Advance tax mop-up grew 17% between Apr and Sep to Rs 2.95 trillion

Net direct tax collections (net of refunds) for the current financial year have grown at 23 per cent to over Rs 7 trillion between April 1 and September 17

Fast-tracking of status on cryptocurrency assets may be in works

India, like many other countries, is currently not FATF-compliant on crypto assets

Govt slashes windfall profit tax on domestic crude oil, ATF, diesel export

The move follows moderation in the Indian basket of crude to $92.53/barrel on average in September compared with the August average of $97.4/barrel

Probe into Chinese loan apps: ED freezes Rs 46 cr kept in payment gateways

Easebuzz, Razorpay, Cashfree and Paytm impacted

ED points to insider trading in NSE case, to share info with Sebi for probe

Narain, arrested a few days before the chargesheet was filed, had allegedly conspired with iSec in the tapping case from the beginning

$4.7-bn BillDesk deal: Prosus-backed PayU gets show-cause notice from CCI

Changes to deal structure possible, say experts

SC ruling on IBC will have overriding effect over indirect tax recoveries

The move, according to tax experts, will set a precedent for matters related to recoveries

WhatsApp privacy policy: SC ruling won't affect CCI probe, says Delhi HC

If SC upholds the Policy, CCI can ascertain whether or not the provisions of the Competition Act have been violated

Delhi HC dismisses Whatsapp, Meta appeals against CCI investigation

Regulator says social media network's user policies are opaque and not based on consent

Supreme Court rules that benami law cannot be applied retrospectively

Says section 3 of the 2016 amendment Act is unconstitutional

New ODI regulations: Govt allows investment in financial services abroad

Holding less than 10% in an overseas entity not considered 'control'

Centre proposes stricter valuation rules for overseas direct investments

New rules will be effective from Monday

In-app purchase controversy: CCI to hear charges against Google this week

The three-member CCI panel, headed by Chairman Ashok Kumar Gupta, is likely to hear the matter daily later this week and is expected to pass the final order by September

Deputy CM Manish Sisodia, 14 others accused in Delhi excise policy case

CBI carries out raids at deputy CM's residence, 30 other places across country

Govt cuts windfall profit tax on domestic crude oil to Rs 13,000 per tonne

Govt hikes windfall profit tax on diesel export to Rs 7/litre from Rs 5; slaps Rs 2/litre tax on ATF exports

Consumer base, user data likely to determine CCI scrutiny of digital M&As

Significant business operation is a key condition to impose deal-value criteria proposed in the Competition Bill, targeting global digital mergers and acquisitions

Inter-regulatory coordination to reduce arbitrage opportunity: CCI chairman

'In the case of market purchases where prices are volatile, if one is required to wait for approval from the CCI, the person or entity may lose the opportunity to buy shares at best prices'

CBIC revises guidelines on arrest, prosecution for Customs violations

Central Board of Indirect Taxes & Customs has streamlined the monetary limit for exercising arrest, prosecution and bail with respect to offences committed under the Customs Act

Corporate tax collection soars 34% between April and July: I-T dept

Tax dept attributed the robust growth to simplified tax regime, low rates and no exemptions