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

TREND | 31 May 2025

SEBI bars ex-IndusInd CEO & top execs for insider trading in 1,529 cr accounting scandal

Business Line

TREND | 31 May 2025

CBIC debunks social media claims of delay in grating GST registration

Business Standard

The CBIC on Saturday debunked a claim circulating on social media about delays and corruption in granting GST registration, saying the applicant has yet to furnish details sought by Delhi state GST officers. One individual took to LinkedIn to talk about how he has not been granted GST registration even after applying 20 days back. The post was shared on X by another user accusing that there is "corruption" in granting Goods and Services Tax (GST) registration. Replying on X, the Central Board of Indirect Taxes and Customs (CBIC) gave facts of the case and said the application was filed this week on May 26, 2025, which was assigned to Delhi State GST. The Central GST authorities had no role in this matter, the CBIC said. It further said that as per Delhi State GST authorities, the case was processed immediately and a query was raised about the missing designation of the person who has signed the rent agreement on behalf of the company. "At this stage, the ARN was pending for reply

India Policy and Reforms

TREND | 31 May 2025

Additional instalment of tax devolution to be released to states on June 2: Finance Ministry

Business Line

The additional instalment of devolution to states is in line with the principle of cooperative federalism and the aim of becoming Viksit Bharat' by 2047

Govt approves 81,735 crore additional tax devolution to states

Business Standard | 30 May 2025

India Policy and Reforms

TREND | 30 May 2025

Market regulator Sebi move to clip HDFC, ICICI wings in Bank Nifty

Business Standard

Capping single-stock weight at 20% in non-benchmark indices may trigger 3,800 crore selloff in HDFC, ICICI Bank and pave way for Yes Bank, Union Bank entries

India Policy and Reforms

TREND | 30 May 2025

Economy grows at 7.4% in Jan-March quarter, headwinds likely to affect momentum

Business Line

Finance Minister Nirmala Sitharaman stressed that India is sustaining growth and remains the fastest-growing economy in the world

India Policy and Reforms

TREND | 30 May 2025

Draft gold loan norms: Finance ministry proposes relief for 70% borrowers

Business Standard

DFS suggests exemption for borrowers under 2 lakh from RBI's proposed gold loan norms, with implementation timeline set for January 2026

Muthoot Finance soars 7% as FinMin seeks exemptions for gold loan norms

Business Standard | 30 May 2025 1 more

India Policy and Reforms

TREND | 30 May 2025

SEBI bars promoters, 59 involved for alleged pumping and dumping in Sadhna Broadcast shares

Business Line

Regulator imposes cumulative fines of Rs 20 crore for misleading retail investors via YouTube videos

Arshad Warsi Banned By SEBI For 'Sadhna Pump-and-Dump' Scam The Controversy Explained

NDTV Profit | 30 May 2025

India Policy and Reforms

TREND | 30 May 2025

Jharkhand govt urges finance commission to raise tax share to 50%

Business Standard

The Jharkhand government on Friday appealed to the Sixteenth Finance Commission to raise the vertical devolution of central taxes from the existing 41 per cent to 50 per cent. A finance commission team, headed by its chairman Dr Arvind Panagariya, held discussions with the state government. Jharkhand Finance Minister Radhakrishna Kishore and Chief Secretary Alka Tiwari were present during the meeting. "Increase the vertical devolution share from 41 per cent to 50 per cent," the state government appealed to the panel. The commission also held a series of meetings with representatives from local bodies, trade organisations, industry associations, chambers of commerce, and political parties. The finance commission team on Thursday visited Jharkhand's temple town of Deoghar and offered obeisance at the Baba Baidyanath temple. The finance panel also held discussions with representatives of panchayati raj institutions and administrators of urban local bodies from all six districts of ..

India Policy and Reforms

TREND | 30 May 2025

IVCA urges legacy VCFs to act fast on Sebi's one-time migration window

Business Standard

The new SEBI framework grants legacy venture capital funds a one-time migration window with fee waivers and simplified re-registration under the AIF regime

IVCA urges VCFs to act on SEBI's Migration Framework Before Jul 19, 2025

Business Standard | 30 May 2025

India Policy and Reforms

TREND | 30 May 2025

Why has Sebi barred Arshad Warsi from the securities market for a year?

Business Standard

The crackdown on actor Arshad Warsi, his wife, and 57 others follows a probe into misleading YouTube videos promoting investments in Sadhna Broadcast Ltd (now Crystal Business System Ltd)

Canara Bank, Shree Cement Check Amit Goel's Top Stock Picks For Today

NDTV Profit | 30 May 2025 9 more