Read more about Sebi reduces application and registration fee for investment advisors on Business Standard. Markets regulator Sebi has cut down application and registration fees for individuals and corporates seeking a registered investment advisor status.
Now, individuals and firms (partnership) will have to pay Rs 2,000 while applying for an investment advisor certificate. Earlier, they had to cough up a higher amount of Rs 5,000 as application fee, according to a SEBI notification issued on Monday.
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Income Tax Returns: Over 5.27 crore ITRs filed for fiscal 2019-20 till Jan 7
More than 5.27 crore income tax returns (ITRs) for fiscal year 2019-20 have been filed till January 7, the Income Tax Department said on Friday. The government has extended the ITR filing deadline for individuals till January 10, and for companies till February 15. More than 5.27 crore Income Tax Returns for AY 2020-21 have already been filed till 07th of January, 2021, the Income Tax Department said in a tweet.
The deadline for individuals to file ITRs for 2018-19 was August 31, 2019 and over 5.63 crore ITRs were filed.
About 2.8 crore ITR-1 returns have been filed till January 7, lower than 3.1 crore filed till September 7, 2019.
Introduction
Nigeria, Africa s largest economy and second biggest market,
is an important investment destination. One of her greatest
challenges is archaic business laws. Fortunately, the past two
years, has seen remarkable and historic positive developments in
business laws. On Tuesday, the
5
th February
2019, President Muhammadu Buhari, signed the Federal
Competition and Consumer Protection Act (the FCCPA ) as
the first anti-trust and consumer protection law of Nigeria. An
anti-trust regime for Nigeria is expected to influence the wider
West African market as the Economic Community of West African
States ( ECOWAS ) has been working on a regional
anti-trust regulatory framework akin to the Common Market for East
To explain the impact of the revision of CAMA on MSMEs in Nigeria is Jennifer Halim-Ubahakwe. Jennifer is the Head of Legal, Compliance & Governance of Advans Lafayette Microfinance Bank Limited, a seasoned lawyer whose repertoire spans the practice of Corporate Commercial Law, Corporate Governance and Commercial Dispute Resolution.
What is the impact of the Reduction of Filing Fees for Registration of Charges for those aspiring to register their businesses in Nigeria?
Answer:
This provision introduces a significant reduction in the fees payable for the registration of charges. It is a good incentive for potential and established businesses in Nigeria especially for those in the lending market as it saves cost and allows for ease of doing business.