RBI mandated structured reporting of guarantees using specified forms under FEMA 2026 regulations. The circular ensures standardised compliance and timely disclosures. The key takeaway is mandatory reporting through authorised channels within prescribed timelines.
RBI shifted processing of overseas investment references from central office to regional offices. This change aims to improve efficiency and reduce processing delays. The key takeaway is decentralised handling based on UIN mapping.
IFSCA mandated a certification course for KMPs and core employees of fund management entities. The ruling ensures adherence to regulatory standards and professional competence.
Claim rejection often occurs when seniors fail to disclose past illnesses or treatments. The article highlights that complete and honest disclosure is essential to avoid future claim denial.
ICSI broadened eligibility criteria to allow final-year students and various professional streams to register. The decision enhances accessibility and promotes wider participation in the CS profession.
The amended guidelines mandate minimum CPE hours for all practicing members. Non-compliance will lead to discontinuation of the Certificate of Practice. The ruling emphasizes strict enforcement and continuous professional learning.
The CBI arrested a CGST Assistant Commissioner for demanding a bribe to halt GST proceedings. The officer was caught red-handed accepting ₹1.5 lakh through a middleman, highlighting strict anti-corruption enforcement.
The Government reduced GST on paper sacks and bags from 18% to 5% following GST Council recommendations. The move addresses farmer concerns and supports agricultural practices like fruit bagging.
The Government clarified that claim rejections are based on policy conditions like exclusions and OPD classification. IRDAI mandates transparency and provides grievance mechanisms to protect policyholders.
The Government clarified that offshore forex platforms operating without RBI authorization are illegal. Investors are advised to trade only through approved entities to avoid financial risks.
