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RBI (Commercial Banks – Financial Statements: Presentation and Disclosures) Fourth Amendment Directions, 2026 – Draft for Comments

February 16, 2026 411 Views 0 comment Print

Banks must distinctly report exposure to REITs under commercial real estate disclosures. The move enhances transparency in financial reporting.

RBI (Commercial Banks – Concentration Risk Management) Second Amendment Directions, 2026 – Draft for Comments

February 16, 2026 297 Views 0 comment Print

The draft amendment limits aggregate exposure to REITs within CRE ceilings. Banks must maintain stricter concentration risk controls.

RBI (Commercial Banks – Credit Facilities) Second Amendment Directions, 2026 – Draft for Comments

February 16, 2026 570 Views 0 comment Print

Banks may finance SEBI-registered REITs under strict prudential limits. Aggregate exposure to REITs and SPVs cannot exceed 49% of asset value.

CAG: Empanelment of Chartered Accountant firms/LLPs for year 2026-2027

February 15, 2026 72756 Views 0 comment Print

CAG opens 2026–27 empanelment under Sec 139(5)&(7). Online form, acknowledgement & hard copy by 10 March mandatory or application invalid.

Tax Benefits Till 2047 to Drive FDI and Data Centre Growth, Says Minister

February 14, 2026 375 Views 0 comment Print

The Commerce Minister urged industry to embrace AI, data centres and clean energy to unlock a trillion-dollar opportunity by 2035, supported by tax incentives and infrastructure reforms.

ICAI Introduces Field-Level Validation for UDIN Under Section 44AB

February 14, 2026 2613 Views 0 comment Print

The UDIN portal will now validate turnover, gross receipts, and presumptive tax conditions before allowing UDIN generation for tax audits under Section 44AB.

Exposure Draft of Guidance Note on Audit of Banks (2026 Edition)

February 14, 2026 2463 Views 0 comment Print

The Auditing and Assurance Standards Board has released the Exposure Draft of the Guidance Note on Audit of Banks (2026 Edition) for public comments. Stakeholders can submit feedback until 23 February 2026.

₹6.53 Crore ITC Fraud: Director Held for Availing Credit Without Goods Receipt

February 14, 2026 927 Views 0 comment Print

CGST Delhi South arrested a director for allegedly availing ₹6.53 crore in fraudulent ITC based on bogus invoices worth ₹36.28 crore. Authorities found that the credit was claimed without actual receipt of goods and used to discharge GST liability, leading to arrest under Section 69 of the CGST Act

PFRDA Warns Public Against Fraudulent Pension App Promising High Returns

February 14, 2026 345 Views 0 comment Print

PFRDA has issued a public notice cautioning investors about an unregistered website and mobile app offering high-return schemes. The regulator clarified it is not authorized under the PFRDA Act and advised dealing only with registered intermediaries.

SEBI Proposes New Base Price Norms for ETFs to Remove T-2 NAV Lag

February 14, 2026 597 Views 0 comment Print

SEBI has proposed shifting ETF base price determination from T-2 NAV to T-1 metrics to reduce pricing lag and operational risks. Public comments are invited on the revised framework.

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