Draft 2026 Directions exempt eligible NBFCs below ₹1,000 crore from registration under Section 45IA. Strict conditions and disclosures will apply to Unregistered Type I NBFCs.
The Finance Ministry imposed five-year anti-dumping duty on TDI (80:20) imports after finding continued dumping risk. Producer-specific rates range up to US$ 344.33 per MT.
The Finance Ministry highlighted regulatory and enforcement challenges posed by VDAs, including crypto assets. Measures such as 30% taxation and mandatory reporting aim to curb tax evasion and enhance transparency.
The Finance Ministry clarified that December 2025 messages were part of a data-driven NUDGE compliance campaign. Over 1.11 crore revised returns generated significant additional tax revenue.
The government clarified that there is no pending proposal to exclude State-run lotteries from the 40% GST rate. The hike was recommended by the GST Council as part of rate rationalisation.
India expands affordable AI access through subsidised compute, national datasets, and large-scale infrastructure. The initiative aims to make AI innovation accessible to startups, researchers, and public institutions.
RBI advises public to check NBFC registration & authorization before depositing. Verify on RBI website & be cautious of high returns.
The Appellate Authority held that it cannot condone delay beyond the 30-day extended period prescribed under Section 100(2) of the CGST Act. As the appeal was filed 250 days after communication of the AAR order, it was dismissed without examining merits.
Discover why 2026 is the best year to invest in corporate bonds in India. Learn benefits, bond types, returns, tax perks, and easy ways to start investing.
The amendment replaces annual KYC with a three-year filing cycle. Directors must update details within 30 days of changes to remain compliant.