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    Bihar man buys second-hand car, pays Rs 14,000 for RC transfer, around 10 times the govt fees to agents, report finds

    A new report by Consumer Voice and IndiaTech finds that used vehicle ownership transfers cost up to Rs 14,000 in parts of Bihar, with charges reaching 10 times statutory fees. UP takes over 30 days for RC transfers, while 39% of surveyed buyers and sellers reported delays.

    Do luxury townships really earn higher rents in Mumbai? Here's what buyers should check

    Mumbai's luxury housing market is experiencing increased interest in residential townships. But buyers should consider various factors impacting rental yields before making investments. Evaluating the developer's track record and comparing resale potential are also crucial. Additionally, understanding maintenance charges related to townships can affect actual returns.

    Fee defaults push Sebi to pull the plug on 8 investment advisers

    Securities and Exchange Board of India has canceled the registrations of eight investment advisers for failing to pay fees. The affected firms include Karvy Investment Advisory Services, IDFC Alternatives, and six others. Non-payment of renewal fees dates back to December 2018 for certain firms and continues for others. Registered investment advisers are required to pay renewal fees every five years to maintain validity.

    Sebi initiates action against 8 investment advisers over non-payment of renewal fees

    SEBI has initiated proceedings against eight registered investment advisers for failing to pay mandatory renewal fees. The defaults span 2018 to 2024, with the regulator seeking explanations and warning of possible suspension or cancellation of registrations.

    Sebi cancels registrations of 8 investment advisers for non-payment of renewal fees

    Sebi has announced relaxed KYC requirements for Non-Resident Indians, Overseas Citizens of India, and foreign nationals. These changes will allow them to complete digital onboarding from FATF-compliant countries effectively. Intermediaries can accept KYC submissions without requiring physical presence in India. Video In-Person Verification is now permitted where in-person verification isn't feasible, enhancing compliance capabilities. The revised framework, effective from December 3, is aimed at simplifying the entire onboarding process.

    Get ready to pay double for parking in Delhi: MCD plans to hike charges at 400 parking lots under GRAP-II; what two-wheeler and car owners need to know

    The Municipal Corporation of Delhi (MCD) is likely to double parking charges at around 400 surface parking lots from Wednesday under GRAP-II pollution-control measures. The proposal is awaiting clearance from the civic body's law department and the competent authority. Currently, MCD charges Rs 20 per hour for four-wheelers and Rs 10 for two-wheelers.

    The Economic Times
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