The issue concerns regulatory burden on smaller NBFCs without systemic risk exposure. The RBI introduced exemption for such entities under “Unregistered Type I NBFCs.” The key takeaway is that low-risk NBFCs may operate without registration subject to strict conditions.
The issue concerns delays in pension credit caused by banks. The guidelines mandate 8% interest compensation for such delays. The key takeaway is that banks are accountable for timely pension payments.
Electric two-wheelers are becoming a more visible part of everyday mobility in India. As the EV market grows, riders are also beginning to think about coverage in a more detailed way. That is why bike insurance for electric models is now discussed with more attention than before. For many buyers, electric bike insurance is no […]
Canara Bank has invited online applications from Proprietary Concerns, Firms and LLPs for empanelment as concurrent auditors for 704 branches by May 9, 2026.
ICAI has released the May 2026 convocation schedule for members enrolled between Dec 2025 and Apr 2026. Eligible candidates will receive membership certificates and event details shortly.
The issue concerns ineffective communication between auditors and governance bodies despite existing legal requirements. NFRA clarified expectations and pushed for structured engagement, emphasizing accountability and proper documentation.
This explains why operating a payment system without RBI approval is prohibited under law. The framework ensures only compliant and vetted entities can handle financial transactions, safeguarding systemic integrity.
CBIC extends due date for filing March 2026 GSTR-3B to April 21, 2026, for registered persons under Section 39 of the CGST Act.
The Court declined to interfere after finding no sufficient reason to disturb the High Court’s decision. The ruling reinforces limits on appellate intervention.
Commerce Ministry reforms DGFT Norms Committees to improve disposal of Advance Authorisation applications and strengthen export facilitation processes.
