Can I adjust indexed long-term loss against long-term capital gains on the sale of shares? Yes, you can adjust indexed long-term capital losses against long-term capital gains on the sale of shares. Here’s how it works: Long-term capital gains refer to profits from the sale of assets held for more than one year, such as stocks or mutual funds. Long-term capital losses refer to losses incurred from the sale of assets held for more than […]

Form GSTR-9 Simplified: List of Changes Made As Per CBIC Notifications The government keeps amending the act and forms as and when required. The aim is to simplify them so that taxpayers can file their returns on time and comply with the law’s provisions without any hassle. As the due date for filing the annual return in the form GSTR-9 and reconciliation in the form GSTR-9C for FY 23-24 is approaching, you must understand the latest changes to file […]

Sebi’s latest reforms for SME IPOs, Merchant Bankers, and Mutual Fund’s Mint recently published an explainer on the latest reforms introduced by the Securities and Exchange Board of India (SEBI) concerning SME IPOs, merchant bankers, and mutual funds. This information sheds light on the regulatory changes in the Indian financial market. Here are some key highlights from the Mint explainer: Reforms for SME IPOs: SEBI has proposed several changes to the framework governing SME IPOs […]

SEBI’s Updated Regulations for Merchant Bankers: Key Changes and Implications Enhancing Efficiency in Merchant Banking The Securities and Exchange Board of India (SEBI) has introduced significant updates to regulations for merchant bankers. These changes aim to streamline operations, promote transparency, and elevate efficiency within the industry. Key Updates: Authorized Activities: Merchant bankers are now restricted to engaging solely in SEBI-approved activities. Any non-approved activities must be transferred to a separate legal entity within a two-year […]

VC funding review in 2024: Recovering but cautious The VC funding review for 2024 indicates a cautious yet recovering trend in the venture capital landscape. Despite the cautious approach, late-stage funding saw a significant increase, constituting 38% of total VC investments in 2024, up from 31% the previous year. This growth is reflected in the late-stage funding amount, which experienced a 33% rise to $3.9 billion during the year. Summary : VC funding review in […]