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Archive: January, 2026

Posts in January, 2026

Dearness Allowance (DA) Calculation for PSU Employees – Q4 2025–26 (January 2026 to March 2026)

January 1, 2026 57450 Views 1 comment Print

The DA rate for the fourth quarter of FY 2025–26 has been fixed at 53.40% based on recent CPI-IW data. This represents a 1.60% increase over the previous quarter, directly enhancing employee salary payouts.

RBI Mandates CIMS-Based Reporting for PPI Issuers From December 2025

January 1, 2026 576 Views 0 comment Print

RBI has required PPI issuers to shift statistical and grievance reporting to the CIMS portal starting December 2025. The move centralises regulatory data collection and strengthens supervisory oversight.

KYC to Be Filed Once in 3 Years wef 31 March 2026

January 1, 2026 24279 Views 1 comment Print

The new framework mandates DIN KYC filing every third financial year instead of every year. Directors must still promptly report any change in personal information to avoid DIN deactivation.

RBI Shifts White Label ATM Reporting CIMS Platform

January 1, 2026 459 Views 0 comment Print

The circular mandates that White Label ATM operators must file monthly WLA Statistics returns through RBI’s CIMS system from December 2025 onwards. The move centralises data reporting and strengthens regulatory monitoring, with penalties prescribed for non-compliance.

RBI Mandates MTSS Business Returns Through CIMS From December 2025

January 1, 2026 528 Views 0 comment Print

The directive requires MTSS Overseas Principals to shift monthly business reporting to RBI’s CIMS platform, strengthening centralized data collection.

UDIN – Decoding Preceding Year’s Audit Details

January 1, 2026 8226 Views 0 comment Print

The UDIN portal now captures prior auditor information to ensure ethical compliance, professional discipline, and a traceable audit trail without exposing client data.

JAO vs. FAO: Section 148 Reassessment Powers  – Evolving Delhi HC and SC Position

January 1, 2026 2907 Views 0 comment Print

The Court reaffirmed that both JAO and FAO can validly initiate reassessment proceedings, notwithstanding contrary High Court views elsewhere.

Anti-Racial Discrimination Law Urgently Needed Due to Rising Racial Violence

January 1, 2026 621 Views 0 comment Print

Repeated racial attacks and the absence of a specific law expose a constitutional gap, prompting calls for urgent legislation to protect citizens from racial violence.

ESG Compliance for MSME: From Optional to Bankable Competitive Edge

January 1, 2026 873 Views 0 comment Print

Sustainability disclosures are no longer optional; Indian MSMEs must comply with global and domestic ESG regulations to avoid legal, financial, and contractual risks.

Income-Tax Notice Triggered Due to AIS & ITR Mismatch in High-Value Transactions

January 1, 2026 1485 Views 0 comment Print

The issue highlights how mismatches between AIS/26AS and ITR disclosures can invite scrutiny. Key takeaway: reconcile and justify all high-value transactions before filing.

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