Market regulator Sebi did well to promptly address concerns around its earlier circular that barred NRIs and Persons of Indian Origin from being Beneficial Owners (BO) in FPI funds investing in India.

Ahead of festive showdown, Flipkart pumps in Rs 3,463 crore to boost salesFlipkart is aiming at achieving 50 per cent of all smartphone sales during the upcoming festive month. Keeping the ambitious plan in mind, Flipkart has pumped in Rs 3,463 crore into its online marketplace, Flipkart Internet. This is the first biggest capital infusion by the Walmart-backed e-commerce giant ever since the US-based retail behemoth acquired a majority stake in the company. RCom to exit tele...

Sebi says the mutual fund expenses will be brought down considering economies of scale. The easing of norms for FPIs is in tune with the government policy to attract foreign funds at a time when the rupee is depreciating sharply and the stock markets are on a roller coaster.

The MCA officials claim that out of 33 lakh directors, only 12 lakh had completed the KYC process for free, by the last date of 15 September.

Those who have failed to comply with the directive may face government action, and their accounts will be reactivated only after a fee payment of Rs 5,000 along with the requisite form.

SEBI initiated a public consultation process for finalising the new guidelines after a high-powered panel suggested changes on several contentious proposals and more time for compliance with new KYC and beneficiary ownership norms.

After several objections were raised by the FPIs, the regular has now formed a working group, which will be headed by former RBI Governor HR Khan. The group will look into issues like KYCrequirement and disclosures regarding beneficial ownership.

Cash worth Rs 42,200 crore was deposited in 3.74 crore Jan Dhan accounts between November 8, 2016 - when Prime Minister Narendra Modi made his surprise note ban announcement - and December 30, 2016.

Payments banks can only accept deposits of up to Rs 1 lakh per customer in a savings/current account.

Digital payments in India is now poised for a great leap forward as global tech giants slug it out for a bigger slice of the pie.

The government has introduced a single application form for foreign investors to enter into the domestic capital market as part of the exercise to improve ease of doing business.

Digitisation has reached a level where you can manage your entire financial world with clicks and taps. Here is what all you can do and how you can manage personal finance digitally.

De Beers has roped in many industry players to make Tracr, which will work on Etherium blockchain technology. This could bring around 60 per cent of India'sinformal diamond industry on one platform.

Credit and debit cards come in plenty colours and each has a special feature attached to it. Right from the basic cards to the premium cards that charge a hefty annual fee.

Paytm Payments Bank has reportedly stopped adding new users on its platform following observations made by the RBI.

This initiative aims to facilitate those who can't stand in long ATM queues or are not in a position to perform bank-related tasks themselves. Cases related to elderly becoming victims of theft, snatching, robbery, etc, while they do bank-related work, are on the rise.

The directors and designated partners who got their DIN on or before March 31, 2018, need to submit the DIR-3 KYC form by August 31, 2018. For those who received their DINs on or after April 1, 2018, the due date to submit the e-KYC form is April 30 of the succeeding financial year.

The move comes at a time when the government is facing stiff criticism from the opposition parties for failing to arrest Nirav Modi - the key accused in the multi-billion PNB bank fraud.

Deadline For Aadhaar-PAN Linking Extended; e-PAN Can Be Generated Instantly

As the initial deadline of July 31 for filing Income Tax returns approaches, businessmen and salaried professionals get busy with the daunting task of filing returns. Even a small mistake can cost money and get them unwanted attention from the Income Tax department. Watch BusinessToday.In's video as we take you through a few common mistakes that taxpayers should avoid while filing their returns.