CBDT has approved the University of Hyderabad for scientific research under Section 45 of the Income-tax Act, 2025. The approval is valid for tax years 2026-27 to 2030-31, subject to prescribed compliance and reporting conditions.
The RBI has introduced a revised methodology for calculating Net Open Position and foreign exchange risk capital for Urban Co-operative Banks. The amendment strengthens prudential regulation and ensures consistent implementation from April 1, 2027.
The RBI has introduced a comprehensive framework for calculating Net Open Position and capital requirements for foreign exchange and gold exposures of Regional Rural Banks. The amendment strengthens prudential regulation through a standardized methodology effective from April 1, 2027.
The RBI has introduced a revised methodology for calculating foreign exchange risk capital for Local Area Banks. The amendment aligns prudential norms with international standards and becomes effective from April 1, 2027.
The RBI has introduced a new methodology for calculating Net Open Position for Small Finance Banks to align with global prudential standards. The amendment strengthens foreign exchange risk monitoring and becomes effective from April 1, 2027.
RBI has revised the methodology for computing Net Open Position and foreign exchange risk capital to align with global prudential standards. The amendment introduces a comprehensive framework applicable to commercial banks from April 1, 2027.
The RBI has directed Agency Banks not to recover excess government pension without giving prior notice and ensuring compliance with applicable legal principles. The amendment introduces a fair recovery framework and safeguards pensioners’ rights.
ICAI has released the complete schedule for Mock Test Papers Series I and II for CA Intermediate September 2026 exams. Students can participate in physical or virtual modes and use answer keys for self-assessment.
SEBI has introduced a lighter NISM certification for Persons Associated with Investment Advice who perform only sales and other non-core services. Core investment advisory personnel must continue to obtain the existing Level 1 and Level 2 certifications.
RBI has issued FAQs explaining how banks should implement swap facilities for FCNR(B) deposits, ECBs, and OFCBs. The clarifications cover loans, SBLCs, lien marking, swap eligibility, interest rates, and operational procedures.
