compliance News

RBI Governor Advocates for Compliance and Innovation in Fintech Sector

RBI Governor Sanjay Malhotra emphasizes the importance of compliance and innovation in the fintech sector during a meeting with industry leaders. The central bank is focused on str...

FM Sitharaman to Unveil Progressive Labor Code Rollout in Budget 2025: A Detailed Look

Finance Minister Nirmala Sitharaman plans a phased rollout of labor codes in Budget 2025, starting with large firms. The initiative aims to provide smaller businesses ample time fo...

Indian Bank Fined by Central Bank of Sri Lanka for Non-Compliance

The Central Bank of Sri Lanka penalizes Indian Bank for non-compliance with the Financial Transactions Reporting Act, imposing a fine of approximately Rs 5.8 lakh. The bank operate...

Vietnam Proposes Travel Ban for Tax Debtors: A New Economic Measure

Vietnam is considering a new policy to ban individuals with tax debts of $400 or more from traveling, also extending to business representatives who owe VND100 million or more. Thi...