SEBI cautioned investors against trading unlisted public company securities on electronic platforms that are not recognized by the regulator. It reiterated that only recognized stock exchanges are authorized to facilitate securities trading.
GSTN has made Ship-to GSTIN conditionally mandatory in specified e-Invoice and e-Way Bill workflows. The change introduces stricter validations to improve data accuracy and compliance from 1 August 2026.
The Maharashtra AAR held that supplies of warehoused goods to foreign-going merchant vessels, Indian Navy ships, and Coast Guard ships did not qualify as exports under the IGST Act.
RBI has removed the interest rate ceiling on fresh FCNR(B) deposits with tenors of three to five years until September 30, 2026. The relaxation also applies to deposits renewed upon maturity during the specified period.
RBI has temporarily withdrawn interest rate restrictions on specified NRE and FCNR(B) deposits until September 30, 2026. The move gives Urban Co-operative Banks greater flexibility to attract NRI funds.
RBI has temporarily withdrawn interest rate restrictions on specified NRE and FCNR(B) deposits. The move gives Local Area Banks greater flexibility to attract non-resident deposits until September 30, 2026.
The amendment temporarily withdraws the interest rate ceiling on fresh FCNR(B) deposits of three to five years, including renewed deposits. The relaxation remains in force from June 17, 2026, to September 30, 2026.
RBI has temporarily removed interest rate restrictions on specified NRE and FCNR(B) deposits for Small Finance Banks until September 30, 2026. The move allows banks to offer more competitive rates to attract non-resident deposits.
RBI has temporarily removed interest rate restrictions on specified NRE and FCNR(B) deposits. Commercial banks can offer more competitive rates on eligible deposits until September 30, 2026.
The article argues that large-scale GST frauds and growing compliance burdens show the need for structural reform. It proposes alternative tax models that eliminate ITC-related fraud risks while protecting revenue.