Indian Entrepreneurs to Focus on Essential Startups and Technologies Invest India’s Managing Director, Nivruti Rai, advocates for Indian entrepreneurs and investors to concentrate on startups and technologies addressing pressing global needs to keep investments flowing into India. During her speech at the Mint India Investment Summit 2024, Rai emphasized the need for India to develop startups that fulfill international needs. She pointed out a funding winter and underinvestment in certain tech sectors and signaled the […]

New Insurance Surrender Value Rules Effective April 1: A Closer Look Quick Overview The Team provided insights on pivotal changes forthcoming in life insurance policy surrender values. As the Insurance Regulatory and Development Authority (IRDAI) implements these new guidelines from April 1, 2024, policyholders and the insurance industry brace for impact. Let’s unpack these modifications to understand their significance. Unveiling the New Surrender Value Guidelines Insurance surrender value rules are set for a game change […]

Understanding Section 43B | Guide for MSMEs & Businesses Overview of Section 43B(h) Applicability Section 43B(h) specifically applies to transactions where goods or services are purchased from an enterprise registered under the MSMED Act, 2006. This provision ensures that MSMEs receive timely payments for their sales. Defining the Scope: Who’s Covered? It’s important to note that Section 43B(h) exclusions apply to outstanding dues to traders. The MSMED Act only classifies manufacturers and service providers—not traders—as […]

  Sebi Takes a Leap Forward: Easing Disclosure Norms for FPIs and Approving T+0 Settlement The Securities and Exchange Board of India (SEBI) has recently sanctioned a range of transformative proposals to facilitate efficient fiscal operations for companies intending to go public. As a leading regulatory authority, their strategies include simplifying disclosure requirements for certain Foreign Portfolio Investors (FPIs) and launching the T+0 settlement’s beta version. Easing the Way for Foreign Portfolio Investors Upon their […]

Investor Complaints and SEBI’s SCORES Platform: A Closer Look In the dynamic realm of the Securities Exchange Board of India (SEBI), investor protection stands paramount. To preserve the interests of market participants, SEBI’s SCORES system serves as the forefront tool for addressing grievances. The tenacity with which SEBI deals with these issues is evident within the monthly datasets of resolved vs. unresolved complaints. February displayed a significant trend with the majority of unresolved complaints tracing […]