Union Housing and Urban Affairs Minister Manohar Lal Khattar on February 14 indicated that a dedicated fund could be set up to revive stuck housing projects approved in the pre-RERA era, in line with industry suggestions, to enable a win-win resolution for both developers and homebuyers. Union Housing and Urban Affairs Minister Manohar Lal Khattar […]
The regulator has proposed shifting the reference price for ETFs from the existing T-2 day NAV-based system to T-1 day metrics, in order to eliminate the current one-day lag | Photo Credit: aprott The Securities and Exchange Board of India (SEBI) on Friday proposed changes to the methodology for determining base prices and price bands […]
The Reserve Bank of India (RBI) on Tuesday issued stringent draft guidelines pertaining to de-registration of type-1 non-banking finance companies (NBFCs) with less than ₹1,000 crore in assets. The regulator has sought public feedback on the draft guidelines by March 4, 2026. According to the draft norms, type-1 NBFCs have time till September 2026 to […]
The Securities and Exchange Board of India (Sebi) on Thursday proposed tightening margin rules for a trading strategy in single-stock derivatives. Under the proposal, the benefit of offsetting positions across different expiries will not be available on the day of expiry for singlestock derivative contracts expiring that day. The review follows feedback from market participants […]
The Institute of Chartered Accountants of India (ICAI) has proposed introducing a joint taxation system for spouses, under which married couples could file a single income tax return by combining their incomes and applying revised tax slabs. Under such a regime, rental income from property would be taxed at the household level rather than being […]
The Reserve Bank of India has proposed that BRICS countries link their official digital currencies to make cross-border trade and tourism payments easier, two sources said, which could reduce reliance on the US dollar as geopolitical tensions rise. The initiative to link BRICS digital currency to potentially bypass the US dollar can irk Donald Trump, […]
Mumbai: The Brihanmumbai Municipal Corporation (BMC) has proposed a fivefold hike in penalties for violating air pollution norms, raising the minimum fine from ₹10,000 to ₹50,000. The Brihanmumbai Municipal Corporation (BMC) has proposed a fivefold hike in penalties for violating air pollution norms, raising the minimum fine from ₹10,000 to ₹50,000. (Photo by Raju Shinde/HT […]
MUMBAI: Despite pressure from the builders lobby to repeal the Maharashtra Ownership of Flats Act (MOFA), 1963, the housing department is in the process of making the Act more stringent in the interest of housing societies. To this end, an amendment has been proposed to bring in the provision of deemed conveyance for housing projects […]