Seoul, Jan 20 (IANS) Excessive regulations on large companies may have cut the country’s gross domestic product (GDP) by up to 111 trillion won ($75.2 billion) in 2025, a major business lobby argued on Tuesday, calling on the government to ease regulatory burdens on firms seeking to expand.The Korea Chamber of Commerce and Industry (KCCI) made the assessment in a report, noting that the so-called “growth penalty,” which refers to additional tax and regulatory burdens imposed on companies as they…
Latest Regulations News & Updates
New Delhi, Jan 13 (IANS) The Pension Fund Regulatory and Development Authority (PFRDA) has constituted a high-level committee to formulate guidelines and regulations to enable a framework for assured payouts under the National Pension System (NPS).This move aligns with the provisions of the PFRDA Act and aims to enhance the security of retirement income for subscribers, according to a Finance Ministry statement issued on Tuesday.The committee will be chaired by Dr M.S. Sahoo, Founder of Dr Sahoo…
New Delhi, Jan 8 (IANS) Market regulator SEBI has overhauled its stockbroker regulations for the first time in more than three decades, replacing the 1992 rules with the new Sebi (Stock Brokers) Regulations, 2026. The move is aimed at simplifying compliance, improving clarity, and making it easier for brokers to do business.Under the new framework, stockbrokers will now be allowed to carry out activities that fall under other financial regulators, as long as they follow the rules prescribed by t…