Beneficial Ownership Norms
Beneficial ownership norms in focus as MNCs face greater scrutiny
Experts said that the SBO provisions are facing compliance issues since their introduction on account of interpretational issues
 "Beneficial ownership norms in focus as MNCs face greater scrutiny")
PM Vishwakarma: At 68%, women beneficiaries outshine men in skill training
The initiative has provided training to 350,000 individuals so far, of which 240,000 (68.76%) are women, and 110,000 (31.3%) are men
 "PM Vishwakarma: At 68%, women beneficiaries outshine men in skill training")
Demystifying significant beneficial ownership of a company
The present corporate structure requires a company to be well-founded if it wishes to play long innings. By well-founded, I mean transparent, ethically managed, and profitable
 "Demystifying significant beneficial ownership of a company")
CHATROOM: Second beneficiary cannot transfer LC to another, says expert
Section 143 of the CGST Rules, 2017 allows sending any inputs or capital goods, without payment of tax, to a job-worker for job work and from there subsequently to another job-worker and likewise
 "CHATROOM: Second beneficiary cannot transfer LC to another, says expert")
Sebi moots stricter framework for identifying FPI beneficial owners
Current threshold of 25% too high for certain categories of investors, fears the regulator
 "Sebi moots stricter framework for identifying FPI beneficial owners")
Varying beneficial ownership caps muddy waters for FDI investments
Ambiguity on whether investment falls under automatic route or requires govt approval
 "Varying beneficial ownership caps muddy waters for FDI investments")
Beneficial ownership norms to hit global PEs due to 'disclosure' rule
According to the new rules, a company can suspend control rights on its shares if the PE fund does not disclose the beneficial owner
 "Beneficial ownership norms to hit global PEs due to 'disclosure' rule")
