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RBI (Commercial Banks Concentration Risk Management) Second Amendment Directions, 2026

April 27, 2026 672 Views 0 comment Print

The issue was inconsistent methods for evaluating sovereign risk exposure. RBI mandated use of ECGC country risk classifications for uniform concentration risk management.

Drawback for re-export of duty paid goods supplied by SEZ to DTA

April 27, 2026 570 Views 0 comment Print

The issue concerned denial of drawback on re-exported goods supplied from SEZ to DTA. The clarification holds that such supplies qualify as imports, making them eligible for drawback under Section 74.

Wheat Export Still Prohibited But Allowed Due to 25 LMT Relaxation Quota: DGFT

April 27, 2026 468 Views 0 comment Print

The notification retains the prohibition on wheat exports but allows a limited relaxation of 25 LMT. The ruling clarifies that exports can proceed only within specified limits and conditions.

SEBI Proposes CUSPA Reforms Due to Operational Challenges in Handling Unpaid Securities

April 25, 2026 558 Views 0 comment Print

The draft circular addresses issues in managing unpaid client securities and proposes changes to the existing pledge framework. It introduces timelines, flexibility, and clarity while maintaining investor protection safeguards.

FAQs on Companies Compliance Facilitation Scheme, 2026  (CCFS-2026)

April 24, 2026 951 Views 0 comment Print

The scheme provides a last opportunity for defaulting companies to file pending returns and financial statements with reduced penalties. It emphasizes that failure to comply within the window may lead to strict regulatory action, including strike-off.

Central Government Pensioners’ Dearness Relief Raised to 60% from 1st Jan, 2026

April 24, 2026 1722 Views 0 comment Print

The issue concerns revision of Dearness Relief rates for pensioners. The government increased DR from 58% to 60% effective January 2026. The key takeaway is that all eligible pensioners will receive enhanced benefits with immediate implementation.

RBI cancels Licence of Paytm Payments Bank Limited – Read Manamgment Disclosure

April 24, 2026 882 Views 0 comment Print

The case addresses cancellation of a banking licence for non-compliance with statutory conditions. The regulator held that continued operations were against depositor and public interest.

SEBI allows net settlement of funds for transactions done by FPIs in cash market

April 24, 2026 645 Views 0 comment Print

SEBI addressed concerns over high funding costs caused by gross settlement requirements. It permitted netting for outright transactions, reducing liquidity pressure while retaining safeguards for other trades.

Hirnoda (Jaipur) Notified for Import Export Handling, Kishangarh Entry Renumbered

April 23, 2026 279 Views 0 comment Print

The issue involved expanding customs-notified locations to improve trade logistics. The amendment adds Hirnoda as an authorized point, boosting regional trade efficiency.

Instructions for time bound processing of RoDTEP and RoSCTL scrolls

April 23, 2026 693 Views 0 comment Print

This instruction tackles delays in rebate disbursal by enforcing a strict three-day processing timeline. The key takeaway is that authorities must ensure faster credit to prevent exporter hardship.

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