The circular prescribes additional disclosures and documentation for schemes launched under third-party fund management. The move improves transparency, governance, and regulatory oversight in IFSC fund structures.
The notice refines eligibility to RBI-aligned credit, applies benefits only to post-02.01.2026 sanctions, and excludes deemed exports and NPAs—helping exporters understand who qualifies and when.
The issue is high liquidity and funding costs under gross settlement for FPIs. The proposal allows limited netting to improve efficiency while preserving market safeguards.
The consultation paper suggests centralising supplementary KYC data at KRAs to avoid repetitive submissions. The key takeaway is improved KYC portability and faster account opening across intermediaries.
The issue concerned duplication in registration processes for foreign investors. The circular allows simultaneous FPI and FVCI registration using the same information and intermediaries.
The Tribunal upheld additions in search assessments where seized material and settled precedent supported the Revenue’s case. The ruling clarifies that group-level incriminating evidence can justify section 153A additions.
A new framework simplifies registration, KYC, and renewals for select low-risk foreign investors. The move reduces compliance burden while strengthening India’s capital market accessibility.
A unified FEMA framework now governs goods, services, and merchanting trade. The ruling underscores streamlined procedures and greater operational flexibility for authorised dealers.
The issue was whether a penalty can survive when the show cause notice fails to specify the exact charge. ITAT held that a vague notice violates law, making the entire penalty unsustainable.
The issue concerned enforcing uniform quality standards for aluminum cookware and cans. The order mandates BIS certification with phased timelines, ensuring compliance while granting limited exemptions.
