Jayshree P Upadhyay

All stories by Jayshree P Upadhyay

A regulation that underwent at least 30 changes in past five years

A regulation that underwent at least 30 changes in past five years

Rediff.com8 Dec 2015

If there is one regulation that has undergone the highest number of changes over the past five years, it is the Issue of Capital Disclosure Requirements (ICDR) Regulations.

Tax ambiguity clouds new financial sector initiatives

Tax ambiguity clouds new financial sector initiatives

Rediff.com4 Nov 2015

Instruments such as Reits, InvITs, unsponsored GDR, GIFT find few takers.

Top bureaucrats in fray for Sebi chief's post

Top bureaucrats in fray for Sebi chief's post

Rediff.com4 Oct 2015

The government has also allowed individuals from the private sector to apply for the post

Sebi's next big worry: Who will fit into UK Sinha's shoes?

Sebi's next big worry: Who will fit into UK Sinha's shoes?

Rediff.com27 Aug 2015

The current Chairman UK Sinha's term comes to an end in February next year.

Markets crash: Is P-note crackdown the reason?

Markets crash: Is P-note crackdown the reason?

Rediff.com27 Jul 2015

This route accounts for Rs 2.75 lakh crore of FPI holdings.

SIT raises red flag on tax evasion through stock exchanges and P-notes

SIT raises red flag on tax evasion through stock exchanges and P-notes

Rediff.com25 Jul 2015

Sebi has also been asked to put in place a mechanism to monitor the beneficial owner of P-notes

Enforcement Directorate turns up heat on Lalit Modi

Enforcement Directorate turns up heat on Lalit Modi

Rediff.com18 Jun 2015

To send a notice under money laundering law.

India's 'tax woes' continue; another controversy surfaces

India's 'tax woes' continue; another controversy surfaces

Rediff.com5 May 2015

Business subsidies may attract tax

Spot the difference between Indian taxmen and their global peers

Spot the difference between Indian taxmen and their global peers

Rediff.com20 Apr 2015

India's new tax policy which makes it mandatory to disclose foreign is not so common in developed countries.

Corporate India gets jittery over black money Bill

Corporate India gets jittery over black money Bill

Rediff.com2 Apr 2015

Companies were consulting law firms and consultants to understand the Bill.

Black money Bill: Govt may widen disclosure window to 3-6 months

Black money Bill: Govt may widen disclosure window to 3-6 months

Rediff.com29 Mar 2015

Black money Bill: Govt may widen disclosure window to 3-6 months.

Black-money sleuths seek HSBC transaction data

Black-money sleuths seek HSBC transaction data

Rediff.com27 Feb 2015

The SIT will ask the RBI for transaction details over 15 years

A whopping Rs 4 lakh crore stuck in tax appeals

A whopping Rs 4 lakh crore stuck in tax appeals

Rediff.com27 Feb 2015

Total number of tax disputes in SC cross 10,000

Budget may bring good news for the salaried class

Budget may bring good news for the salaried class

Rediff.com24 Feb 2015

FM may increase income-tax exemption limit to Rs 3 lakh

Kick-start likely for finance SEZs in Budget

Kick-start likely for finance SEZs in Budget

Rediff.com19 Feb 2015

Finance firms in these SEZs likely to get tax breaks.

Budget 2015 may restore Customs duty on crude oil

Budget 2015 may restore Customs duty on crude oil

Rediff.com5 Feb 2015

Move could fetch the exchequer Rs 14,000 cr

Gift city to be part of this year's Union Budget

Gift city to be part of this year's Union Budget

Rediff.com4 Feb 2015

The Gujarat International Finance Tech-City, or Gift City, is expected to be spread over 886 acres and will have a special economic zone on 261 acres.

FM's mantra to meet fiscal deficit target

FM's mantra to meet fiscal deficit target

Rediff.com28 Jan 2015

Centre shows optimism of achieving the target of 4.1% at back of recent measures and turn around in manufacturing.

Transfer pricing disputes: Agreement with US to bring relief to MNCs

Transfer pricing disputes: Agreement with US to bring relief to MNCs

Rediff.com24 Jan 2015

India is set to sign an agreement with the US to resolve transfer pricing disputes, which will then serve as a template for settling such rows with multinational companies based in the UK, France and other European countries.

What steps FinMin is taking to keep Jan Dhan accounts active

What steps FinMin is taking to keep Jan Dhan accounts active

Rediff.com22 Jan 2015

The department of financial services has decided to give banks commission, to ensure these accounts are kept active.

Tax fillip to fund-raising avenues likely in Budget

Tax fillip to fund-raising avenues likely in Budget

Rediff.com22 Jan 2015

Exemption from minimum alternate tax for REITs & infrastructure investment trusts; Depository receipts on all securities eligible for tax benefit

Tapping private sector, younger talent for top job at govt banks

Tapping private sector, younger talent for top job at govt banks

Rediff.com19 Jan 2015

The candidate will be expected to have at least two to three years of remaining service.

LIC likely to exit mutual fund JV with Nomura

LIC likely to exit mutual fund JV with Nomura

Rediff.com12 Jan 2015

According to sources, in a January 6 letter to the department of financial services under the finance ministry, LIC said it wanted to stop sponsoring LIC Nomura Mutual Fund, and might offer some of its stake in LIC Housing Finance to other shareholders.

GST rollout: Lack of clarity on 'supply rules' remains a barrier

GST rollout: Lack of clarity on 'supply rules' remains a barrier

Rediff.com26 Dec 2014

For supply rules, the location decides where goods or services will be taxed.

Rs 2,00,00,00,00,000 'laundered' through penny stocks

Rs 2,00,00,00,00,000 'laundered' through penny stocks

Rediff.com24 Dec 2014

Capital markets regulator, I-T department suspect tax evasion and market manipulation

Not including petroleum against spirit of GST, say experts

Not including petroleum against spirit of GST, say experts

Rediff.com17 Dec 2014

The constitution amendment Bill on a national GST is likely to be tabled in the current session of Parliament. However, the government is not confident of passing the Bill this session.

How Sebi helped US SEC solve 'Profits Paradise' case

How Sebi helped US SEC solve 'Profits Paradise' case

Rediff.com25 Nov 2014

The Indian regulator played key role in uncovering the identity of two Indian men who floated the scheme

4 Sebi officials under CBI lens in Saradha scam

4 Sebi officials under CBI lens in Saradha scam

Rediff.com30 Oct 2014

The investigative agency plans to file a second chargesheet, naming more perpetrators in the Saradha scam.

Sebi to refer DLF lapses to ministry, I-T department

Sebi to refer DLF lapses to ministry, I-T department

Rediff.com15 Oct 2014

According to sources familiar with the development, Sebi has decided to make references to the Ministry of Corporate Affairs and the Department of Revenue, citing violations of the Acts these bodies govern.

Foreign investors may get permission to invest more in BSE, NSE

Foreign investors may get permission to invest more in BSE, NSE

Rediff.com10 Sep 2014

Jayshree P Upadhyay ' Mumbai September 9, 2014 Last Updated at 22:50 IST Top Stocks to Buy in 2014 8-10 Best Stocks for 2014 per month Highly Accurate Calls, Free Trial stockaxis.com/Stocks-to-buy-in-2014 Ads by Google 3 Add to My Page RELATED NEWS Foreign investor cap in bourses may be raised Sebi sets foreign portfolio investor limit of 10% per firm Sebi move on FPI regime grounded No clarity yet on FPI regime Jaimini Bhagwati: Correcting tax and disclosure anomalies Karbonn Titanium S5 Plus Be 1st to own latest Android phone with Dual SIM, 8 MP Camera & more!www.karbonnmobiles.com/S5_Plus 1Cr Life Cover @ Rs 543* Compare Premium of 46 Insurers Buy Online and save upto 55%www.policybazaar.com/TermInsur_Rate Ads by Google In a move that could increase the stake of foreign investors in Indian stock exchanges, the government is considering a threefold increase in the single-investor investment ceiling. Currently,a foreign portfolio investor (FPI) investment in an exchange is capped at five per cent. The finance ministry has written to the regulatory authorities to increase the ceiling to 15 per cent, said sources. The proposal is said to have in-principle approval from the Securities and Exchange Board of India (Sebi) and the Reserve Bank of India (RBI). The move would bring the FPI investment limit in line with those for financial institutions such as insurance companies and banks. NEW POLICY IN THE WORKS Single foreign investor limit in exchanges to be revised from 5% to 15% Sebi and RBI have given in-principle approval to the proposal Government to amend foreign investment policy BSE has 8 foreign shareholders holding 31% stake NSE has close to 20 foreign shareholders holding 36% stake The government allowed the foreign investors to invest in stock exchanges in 2006, with an overall cap of 49 per cent. This latter cap is likely to be unchanged. BSE and the National Stock Exchange (NSE), the two large nationwide bourses, are likely to benefit from the increase in limits. BSE has eight foreign investors, which cumulatively own about 31 per cent in it. The shareholding of Deutsche Boerse Group and Singapore Exchange Ltd are a little below the five per cent ceiling. NSE has about 20 foreign shareholders, holding around 36 per cent. Cyprus' Gagil and Goldman Sachs own five per cent each; Citi Group has around two per cent. "The finance ministry has received representations stating that the present limit of five per cent is a deterrent in attracting long-term anchor and strategic foreign investors in stock exchanges. Following which, the ministry has sought comments from both Sebi and RBI," said a person privy to the matter. A higher foreign investor limit will not only encourage more investment in Indian bourses but help in exchange of technology and products, said exchange officials. "A five per cent limit on the shareholding of any single investor or investor group is too small to encourage them to take sufficient interest in growth of the exchange," said an official associated with one, asking not to be named. The regulator and the government are also mulling a change in the shareholding of clearing corporations, which could also see individual foreign investors' cap being increased to 15 per cent. Some sections of the market believe that allowing a single FPI to own 15 per cent in a exchange could be detrimental to having a diversified shareholding. The Bimal Jalan committee, in the previous review of ownership and governance of stock exchanges in 2010, had debated whether there was a need to revise the cap. It was in favour of having an anchor investor, such as a bank or financial institution, which would own up to 24 per cent. Read more on: Fpi ' Sebi ' Rbi ' Nse ' Foreign Investor ' Singapore Exchange ' Finance Ministry Read More Investors vie for shares of stock exchanges Pick-up in sentiment, volumes boost bourses' unlisted shares HDFC Life Click2Protect+ Get Lump Sum + Monthly Income Benefit* @ Affordable Rate. Buy Now hdfclife.com/Click2ProtectPlus Retirement Calculator Plan Your Retirement Online in 2Min Calculate & Compare Premium Here! policybazaar.com/Retirement Ads by Google Advertisements Get a freedom to choose your own plan. Click here to know more... Data transforming the match-making business. click here Open a free Trading & Demat A/c with Sharekhan Leadership and Corporate Accountability-India. Click here Great fares to Europe from INR 54,000* Amsterdam. Click here Start Investing with the best Broker in india Important Facts about Infant Hearing Screening Gifting Solutions. Make easy & perfect! Find out what converged solutions can do for you. Smart Cloud Virtualized Server Recovery. Learn more. The perfect drive the perfect style. Book a test drive 3 Add to My Page Back to Top Quick Links Go LATEST NEWSAll NewsIn this section Ebola threatening Liberia's existence, minister warns IS threatens to assassinate Twitter employees Motherson Sumi, Eicher Motors, TVS Motor gain inclusion in F&O segment ABG, Bharati Shipyard rallies on hopes of government sops Pre-market: Five stocks to watch out for in trade today US manufacturing industry pushes India for free trade Dollar gains on Fed outlook, hurts shares Wall St ends lower as Apple shares fall post launch Ukraine ceasefire 'mostly holding': US Flipkart launches third private label Citron News you can use Rss icon Errors to avoid when filing returns What is Gratuity? What are NEFT and RTGS? Check your Income Tax Credit credit status form-26AS online Saving capital gain tax on sale of property Calculate tax on your house property income How to Check your EPF Balance & status online Featured Videos iPhone killers? The biggest threats to Apple's dominance video Jaguar takes the battle to BMW video The 5 biggest IPOs in U.S. history video Here is the next-gen spy plane... a blimp video MOST POPULARReadSharedCommented Supreme Court reserves order on coal block allocations Apple launches Watch, two iPhones & Apple Pay Guj rains: Hundreds evacuated in Vadodara, Army on stand-by Neel Mukherjee's book in Man Booker shortlist Mumbai airport keeps airlines guessing on Airbus A380 parking bay Market News A fourth of mutual fund equity assets concentrated in 10 stocks ICICI Bank, HDFC Bank, Infosys, SBI and L&T among fund managers' preferred bets Den Networks: Investing in new growth avenues Its tie-up with Snapdeal to launch a shopping TV channel looks like a win-win deal Sensex, Nifty retreat from record highs on profit taking The BSE Sensex and Nifty fell on Tuesday from their record highs in the previous session as investors chose to book profits in recent ... 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Ministry asks Sebi to explain stricter governance norms

Ministry asks Sebi to explain stricter governance norms

Rediff.com20 Aug 2014

While most of Sebi's new norms are aligned to changes in Companies Act, they are more stringent in certain areas.

Alternative investment funds want tax clarity

Alternative investment funds want tax clarity

Rediff.com14 Aug 2014

Providers write to Sebi, FinMin; launches may hit pause.

Small investors to get a boost from Sebi's new norms

Small investors to get a boost from Sebi's new norms

Rediff.com8 Aug 2014

Minimum investment size under portfolio management services may be raised, so that small players can avoid risk.