Trend India Policy and Reforms - Latest news, views and updates

TREND | 08 Jun 2025, 09:30AM

Why is India taxing nutrition? A closer look at the higher GST on ghee vs oils

Business Line

It is imperative for policymakers to consider the nutritional value, cultural significance, and economic impact of such taxation

GST breather for Infosys: DGGI closes 32,400 cr pre-show cause notice

Business Line | 07 Jun 2025, 07:19PM 4 more

India Policy and Reforms

TREND | 08 Jun 2025, 12:12AM

UP CM directs officials to take action against fake, shell companies

Business Standard

Uttar Pradesh Chief Minister Yogi Adityanath on Saturday directed officials to take action against shell companies to stop the attempts to misuse the facilities meant for genuine traders. While conducting a high-level review of the State Tax Department, the CM directed officials to ensure transparency in tax collection and adopt a policy of technological efficiency and strict enforcement. "Tax evasion is a national crime that negatively impacts development plans and welfare schemes," he said. Stressing that the Goods and Services Tax (GST) is a consumer-based tax system, he noted that areas with higher population density are naturally expected to generate more tax revenue. He instructed officials to develop special strategies for zones where tax collection is below average. Adityanath directed that information on suspicious firms registered under Central GST (CGST) be shared with the Centre for cancellation of their registration. For firms under State GST (SGST), he ordered in-de

GST returns to become time-barred after 3 years starting July tax period

Business Standard | 07 Jun 2025, 02:55PM

India Policy and Reforms

TREND | 06 Jun 2025, 10:02PM

SEBI Issues Corrigendum For IndusInd Bank Interim Order

NDTV Profit

SEBI says the reference to 'board note' in the interim order will be replaced with an 'engagement note'.

SEBI Extends Deadline For Venture Capital Funds To Finalise Transition To AIF Rules

NDTV Profit | 06 Jun 2025, 09:37PM 4 more

India Policy and Reforms

TREND | 06 Jun 2025, 07:21PM

Sebi extends timeline of addl liquidation period for VCFs migrating

Business Standard

Markets regulator Sebi on Friday extended the additional liquidation timeline by one year till July 2026 for venture capital funds (VCFs) transitioning to alternative investment funds rules. Sebi, in August 2024, issued modalities and conditions for VCFs to migrate to the Alternative Investment Funds (AIFs) rules. This also allowed VCFs, with at least one scheme not yet wound up after the end of their liquidation period, an additional liquidation period until July 19, 2025, if they migrate to AIF Regulations. Based on industry feedback and to facilitate migration, Sebi has now extended this additional liquidation period to July 19, 2026, according to a circular issued on Friday. A 'Migrated VCF' is a VCF that transitions to become a sub-category of VCF under Category I - Alternative Investment Fund as per the AIF norms. The market watchdog reiterated that VCFs' transition to AIF regulations are given an additional liquidation period till July 19, 2025. On application requirements,

India Policy and Reforms

TREND | 06 Jun 2025, 02:28PM

Buy, Sell Or Hold: Sonata Software Soars Nearly 500% In Five Years, Drops 30% YTD What's The Next Move?

NDTV Profit

Year to date returns down 30.89%, but Sonata Software's AI venture and investments could signal a fresh chapter ahead.

India Policy and Reforms

TREND | 06 Jun 2025

New to investing? BSE's free Nivesh Mitra app helps you learn without risk

Business Standard

BSE Nivesh Mitra allows users to simulate market participation in equity and mutual funds using actual historical data, as per SEBI guidelines.

Mirae Asset gets SEBI nod to launch SIF, plans to file paper for equity long-short next week

Business Line | 05 Jun 2025 1 more

India Policy and Reforms

TREND | 05 Jun 2025

Finance ministry meets Moody's execs, makes case for ratings upgrade

Business Standard

Moody's said that Pakistan-India tensions, including the flare-up earlier in May, would weigh on Pakistan's growth more than on India's

India Policy and Reforms

TREND | 05 Jun 2025

Indusind Bank board under scrutiny following Sebi's ex-parte interim order

Business Standard

Indusind Bank chairman Sunil Mehta commits to addressing board accountability after Sebi's order highlighted accounting discrepancies and senior management awareness

India Policy and Reforms

TREND | 05 Jun 2025

Sebi comes out with operational framework for ESG debt securities

Business Standard

Markets regulator Sebi on Thursday came out with an operational framework for issuance of social bonds, sustainability bonds and sustainability-linked bonds, which together will be known as Environment, Social and Governance (ESG) debt securities. This will help issuers to raise money for more sustainable projects, assisting in closing the funding gap for the Sustainable Development Goals. In its circular, Sebi said the debt securities will be labelled as 'social bonds' or 'sustainability bonds' or 'sustainability-linked bonds' only if the funds raised through the issuance of such debt securities are proposed to be utilised for financing or refinancing projects. The regulator has addressed the initial and continuous disclosures for sustainable securitised debt instruments that would be based on international frameworks. Initial disclosures would be made in the offer document for the securities, while continuous disclosures would be included in annual reports or other mandated...

Omnivore India, others settles with Sebi over delay in winding up VCF

Business Standard | 05 Jun 2025

India Policy and Reforms

TREND | 05 Jun 2025

Dismissal of review petition in Safari Retreat case not to impact GST Act amendment

Business Line

The core of the issue lay in Section 17(5) of the CGST Act, which generally prohibits the application of ITC for in works contract services used in constructing immovable property, with an exclusion for plant and machinery.