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

India Policy and Reforms

TREND | 19 Mar 2025

SEBI eyes stricter internal audit norms for MIIs

Business Line

MDs may be excluded from audit panels; consultation paper in the works

Physics Wallah submits pre-filing draft papers with Sebi for IPO: Reports

Business Standard | 19 Mar 2025 9 more

India Policy and Reforms

TREND | 19 Mar 2025

MAS Financial Targets 25% Growth Rate Over Next Five Years

NDTV Profit

Chairman Kamlesh Gandhi noted that while the NBFC industry may focus on fast growth, MAS Financial Services has deliberately avoided this path, prioritising creditworthiness

India Policy and Reforms

TREND | 19 Mar 2025

Sebi's options plan which spooked many could be in for a review

livemint

Sebi's proposal for a gross limit in options by using the delta parameter has brokers and prop traders worried. They believe this will reduce liquidity and increase costs in India's derivatives market. Now, the regulator may be about to review the proposal.

India Policy and Reforms

TREND | 18 Mar 2025

Haryana CM asks Centre for GST exemption on 10 agricultural implements

Business Standard

Haryana Chief Minister Nayab Singh Saini has sought from the Centre an exemption in GST on ten agricultural implements used in crop residue management. He has written a letter in this regard to Union Finance Minister Nirmala Sitharaman and Union Agriculture Minister Shivraj Singh Chouhan. In his letter, Saini highlighted that farmers of Haryana play a crucial role in the nation's food reserves, with the state being a leader in the agricultural sector. However, in recent years, stubble burning has become a major issue, adversely impacting the health of the people, an official statement quoted him as saying in the letter. Given the seriousness of the issue, it is being closely monitored by the Supreme Court and the Air Quality Commission, it said. The chief minister said that Haryana's farmers are adopting advanced technologies and utilizing the latest agricultural implement for crop residue management. Over the past few years, both Government of India and the state government have

India Policy and Reforms

TREND | 18 Mar 2025

Brigade Group, Nikhil Kamath's Gruhas launch Rs 300 crore Earth Fund

Business Standard

Both partners have contributed about 15% each to the overall Rs 200 crore Sebi-registered Category II AIF, which includes a Rs 100 crore green-shoe option

Ram Temple Trust Pays Rs 400 Crore In Taxes Over Five Years

NDTV Profit | 18 Mar 2025

India Policy and Reforms

TREND | 18 Mar 2025

Sebi's settlement system under fire: Delays, high costs, and discretionary powers spark concern

livemint

Sebi's settlement process, intended to expedite resolution of securities law violations, faces criticism for growing delays and inflated costs. With a significant increase in settlement amounts and stringent non-monetary terms, legal experts warn of potential risks for applicants.

India Policy and Reforms

TREND | 18 Mar 2025

LG Electronics India, Innovision get market regulator Sebi's nod for IPOs

Business Standard

LG Electronics India Ltd, a subsidiary of the South Korean chaebol LG, and manpower and toll plaza management services provider Innovision Ltd have received Sebi's approval to raise funds through Initial Public Offerings (IPOs), an update with the capital markets regulator showed on Tuesday. LG Electronics India and Innovision filed draft IPO papers with Sebi in December and obtained the regulator's observations on March 13 and March 12, respectively. In Sebi's parlance, obtaining the observations means its go-ahead to float the public issue. As for LG Electronics India, it filed preliminary papers with Sebi in December for an IPO wherein the parent company will sell over 10.18 crore shares, amounting to a 15 per cent stake, as per the Draft Red Herring Prospectus (DRHP). The company did not disclose the total issue size, but people familiar with the matter have pegged the IPO size at Rs 15,000 crore. This will be the second South Korean company to tap the Indian stock market...

India Policy and Reforms

TREND | 17 Mar 2025

Towards greener GST: Rationalisation must align with jobs, sustainability

Business Standard

GST rate rationalisation and expansion must be done not only to achieve simplification but also to subserve large-scale employment and environmental policy goals

India Policy and Reforms

TREND | 17 Mar 2025

Daily wage worker gets Rs 22.86 lakh GST notice in identity theft case

Business Standard

When Janapati Venkateswarlu visited a Mee-Seva center to apply for a PAN card, the operator informed him that a PAN had already been issued in his name

How ICEGATE is making the functioning of EOUs and SEZs difficult

Business Standard | 16 Mar 2025 1 more

India Policy and Reforms

TREND | 17 Mar 2025

Delhi govt's revenue below projections, except for GST, say officials

Business Standard

The revenue collections of the Delhi government, except for GST and VAT, are likely to remain below the budget projections, officials said on Sunday. According to official data, the Goods and Services Tax (GST) and Value Added Tax (VAT) collections were Rs 40,009 crore (tentative) as of February 2025. The collections from motor vehicle taxes and excise revenue were Rs 2,810 crore and Rs 5,516 crore, respectively, close to the end of the current fiscal, they said. In its budget for 2024-25, the Delhi government estimated total tax revenue of Rs 58,750 crore. This included Rs 41,000 crore from GST and VAT, Rs 3,600 crore from taxes on motor vehicles, Rs 7,750 crore from stamps and registration fees, and Rs 6,400 crore from excise. The officials said that, except for GST and VAT, revenue collections from motor vehicle taxes and charges, and excise taxes were sluggish. The collections from motor vehicle taxes were 22 per cent below the budget estimate, and excise revenue was 14 per cen

Ram Temple Trust pays Rs 400 crore in taxes over years amid tourism boom

Business Standard | 16 Mar 2025