SEBI Constitutes Committee for Financial and Regulatory Technology

Published: July 22, 2020

The securities market regulator, Securities and Exchange Board of India (SEBI) has formed a high-level committee in order to recommend required changes in the financial and regulatory technology in India. It is going to examine the aspects of technology and unstructured data analysis for surveillance functions and market development. This committee is mandated to make ..

Month: Current Affairs - July, 2020

Category: Economy & Banking Current Affairs

Topics: Financial and Regulatory Technology • High-Level Committee • SEBI • Securities and Exchange Board of India

High Level Committee recommends CSR expenditure to be made tax deductible

Published: August 14, 2019

High Level Committee (HLC) on Corporate Social Responsibility (CSR) constituted by Ministry of Corporate Affairs recommended making CSR expenditure tax deductible and to make compliance violations as a civil offence that attracts penalties. Corporate Affairs Secretary Injeti Srinivas presented the Report of the High Level Committee on CSR to Union Finance Minister Nirmala Sitharaman. High ..

Month: Current Affairs - August, 2019

Category: Economy & Banking Current Affairs

Topics: civil offence • Corporate Social Responsibility • CSR exchange portal • CSR expenditure • High-Level Committee • Report of the High Level Committee on CSR • tax deductible • Union Finance Minister • Union Ministry of Corporate Affairs

RBI constitutes high-level committee to review ATM charges

Published: June 12, 2019

The Reserve Bank of India (RBI) has constituted a high-level committee under the chairmanship of VG Kannan, Chief Executive of Indian Banks’ Association (IBA) to review the entire gamut of ATM charges and fees. Key Highlights Background: There are around 2 lakh ATMs in India. At end of April 2019, there were over 88.47 crore debit ..

Month: Current Affairs - June, 2019

Category: Economy & Banking Current Affairs

Topics: CATMi • Confederation of ATM Industry • Debit card • Digital India • High-Level Committee • Indian Banks' Association • National Payments Corporation of India • RBI • Reserve Bank of India • State Bank of India • Tata Communications Payment Solutions • VG Kannan Committee

High-Level Committee submits recommendations on Crude Oil Imports

Published: May 24, 2019

A High-Level Committee constituted by Centre has submitted its recommendations to Ministry of Petroleum and Natural Gas on bringing down India’s dependence on crude oil imports. Key Highlights Composition: The High-Level Committee constituted by the Centre consisted of Dr Anil Kakodkar, an eminent Scientist and Sidharth Pradhan, an expert on financial and tax issues. Purpose: ..

Month: Current Affairs - May, 2019

Category: Economy & Banking Current Affairs

Topics: Dr Anil Kakodkar • High-Level Committee • High-Level Committee on Crude Oil Imports • Ministry of Petroleum and Natural Gas • PSUs • Sidharth Pradhan

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