Sebi’s UDiFF cuts reporting formats from 200 to 23, members to save ₹200 crore

Sebi’s UDiFF cuts reporting formats from 200 to 23, members to save ₹200 crore

The unified distilled file formats (UDiFF) introduced by the Securities and Exchange Board of India (Sebi) for ease of doing business are expected to save the market ecosystem an estimated ₹200 crore over the next five years. To streamline processes, enhance ease of business and encourage innovation, Sebi launched an initiative to harmonize, simplify and … Read more

Simplification of tax regimes is the focus of the budget: finance ministry officials

Simplification of tax regimes is the focus of the budget: finance ministry officials

New Delhi: Simplification of direct and indirect tax regimes was the focus of the Union budget for FY25, senior finance ministry officials said on Friday. The goal of the government was not to increase or reduce taxes, but to simplify the process of paying taxes for individuals and businesses, to promote ease of doing business … Read more

Budget 2024: Key income tax proposals, incentives for businesses, and economic indicators to watch out for

Budget 2024: Key income tax proposals, incentives for businesses, and economic indicators to watch out for

Finance Minister Nirmala Sitharaman will unveil the Union Budget for the financial year 2024-25 at 11 a.m. on Tuesday. This critical document will outline the government’s revenue and expenditure plans, influencing economic growth and stability across the nation. Understanding the budget’s implications for individuals and businesses alike is essential for informed financial decision-making. Also Read … Read more

Sebi eases disclosure norms for certain FPIs, approves T+0 settlement

Sebi eases disclosure norms for certain FPIs, approves T+0 settlement

MUMBAI : The Securities and Exchange Board of India (Sebi) on Friday approved a slew of proposals, including exempting certain foreign portfolio investors (FPIs) from additional disclosure requirements, launch of beta version of the T+0 settlement, and facilitation of ease of doing business for companies going public. For ease of doing business, the markets regulator … Read more