SEBI has directed all registered financial intermediaries to upgrade KYC and tax reporting systems to comply with revised FATCA and CRS rules under the Income-Tax Act, 2025, and Income-Tax Rules, 2026, which…
The Securities and Exchange Board of India (Sebi) on Wednesday, 4 November 2026, relaxed know-your-customer requirements for persons resident outside India, allowing non-resident Indians, Overseas Citizens of India and foreign nationals in…
India Post and UTI Mutual Fund have signed an MoU to expand doorstep Know Your Customer (KYC) verification services for mutual fund investors across India. The agreement was signed on Thursday, 29…
Punjab National Bank (PNB) will close certain inactive accounts with zero balance after November 10, 2026. The closure applies to accounts that have recorded no customer-initiated transaction for more than three years…
Employees Provident Fund Organisation (EPFO) claim applications are often rejected due to minor errors, both Aaj Tak and Business Today report. Mismatches in Universal Account Number (UAN) and Aadhaar details, such as…
The Reserve Bank of India has imposed a monetary penalty of Rs 10 lakh on Hero Fincorp for collecting excess interest from certain loan accounts, and a separate penalty of Rs 3.10…
The Securities and Exchange Board of India (SEBI) has proposed a fully digital KYC and onboarding process for retail NRI investors, removing the requirement for physical presence in India. Livemint.com reports the…
The Reserve Bank of India has imposed monetary penalties on five financial entities for non-compliance with its directions. On August 19, 2026, the RBI fined Progfin Private Limited Rs 2.70 lakh for…
The Securities and Exchange Board of India (SEBI) has allowed foreign portfolio investors (FPIs) to submit a digitally signed Power of Attorney (PoA) to their custodians, eliminating the need for notarisation, apostillisation…
The Calcutta High Court on Thursday heard a petition by Trinamool Congress MP Abhishek Banerjee challenging the freezing of his personal bank account and the blocking of his debit and credit cards…
Ashin Xavier: interesting
IO Repro: Repro test v4 after fix 2 Oct. Safe to trash.
IO Repro: Repro test v3 after fix 2 Oct. Safe to trash.
IO Repro: Repro test after fix 2 Oct. Safe to trash.