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Archive: 01 January 2026

Posts in 01 January 2026

RBI (NBFCs – Prudential Norms on Capital Adequacy) Amendment Directions, 2026

January 1, 2026 1230 Views 0 comment Print

The amendment reduces capital risk weights for qualifying infrastructure loans based on repayment milestones. NBFCs benefit from lower capital charges when minimum repayment thresholds are met.

RBI Mandates New Capital Disclosure for Foreign Banks

January 1, 2026 453 Views 0 comment Print

The amendment requires foreign banks to separately disclose deposits earmarked as credit risk mitigation. The key takeaway is enhanced transparency in capital-related disclosures.

Comprehensive Compliance of Corporate Social Responsibility (CSR) – Section 135

January 1, 2026 5151 Views 0 comment Print

Understand CSR obligations under Section 135, including eligibility, expenditure, and reporting. Key takeaway: Proper CSR compliance ensures legal adherence and social impact.

Vague Income Tax Department’s New E-Intimations: Information or Intimidation?

January 1, 2026 6876 Views 0 comment Print

This explains why recent income disclosure intimations lack statutory support and create uncertainty. The key takeaway is that vague communications without cited legal provisions may not withstand legal scrutiny.

A Listing Without an IPO: Piramal Finance & Piramal Enterprises Merger

January 1, 2026 1548 Views 0 comment Print

The case shows how regulatory-driven restructuring can lead to stock-market listing without fresh capital raising. It highlights a compliant alternative to traditional IPOs.

ICAI Defers Mandatory Peer Review Phase IV to December 2026

January 1, 2026 2298 Views 0 comment Print

The implementation of Phase IV of the peer review mandate has been postponed by one year. Firms now have time until 31 December 2026 to meet the certification requirement.

Ignorance of Tax Law Not a Ground for Condonation Belated Return: Delhi HC

January 1, 2026 1191 Views 0 comment Print

The Court held that condonation of delay cannot be granted merely on claims of ignorance or inconvenience. Genuine hardship and reasonable cause must be strictly proved.

Export of goods governed by Foreign Trade Policy and not by FSSAI: SC

January 1, 2026 828 Views 0 comment Print

The Court held that export consignments are regulated by the Foreign Trade Policy, not domestic food safety norms. FSSAI standards cannot be enforced unless expressly incorporated into the FTP.

Tapping Multi- Billion Global Market of Carbon Credits- Indian  Framework for sustainable growth

January 1, 2026 1131 Views 0 comment Print

This piece explains how India’s carbon credit framework is reshaping climate action into an economic opportunity. It highlights the Carbon Credit Trading Scheme, 2022 and the steps needed to capture a share of the rapidly expanding global carbon market.

TDS u/s 195 on Sponsorship & Trademark Rights – Indo-Singapore DTAA

January 1, 2026 1203 Views 0 comment Print

Payments for sports sponsorship that grant global trademark usage can be split as royalty. Courts upheld withholding where trademark rights were substantive, not incidental.

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