The government has approved an institution for scientific research under section 35(1)(ii), enabling donors to claim tax deductions. The key takeaway is that the approval is time-bound and subject to strict reporting and certification requirements.
The Registrar held that non-filing of annual returns violates Section 92(4) of the Companies Act. Monetary penalties were imposed on the company and its officers for continued non-compliance.
The Registrar held that non-filing of e-Form INC-22A constitutes a violation of Rule 25A read with Section 450. Maximum penalties were imposed due to continued default and non-response to notice.
The notification substitutes tariff value tables but keeps rates unchanged for key imports like edible oils, metals, and areca nuts. The takeaway is continued certainty in customs duty assessment from 23 January 2026.
The amendment broadens the scope of eligible development financial institutions for CRR–SLR purposes. The key takeaway is wider institutional recognition with clearer regulatory coverage.
The amendment formally introduces SDF deposits as a reporting item for local area banks. This provides clearer treatment of RBI deposits within liquidity calculations.
The RBI updated CRR and SLR Directions to reflect recent banking law amendments. The key takeaway is immediate regulatory alignment and clearer compliance for rural co-operative banks.
The regulator held that expulsion from a Registered Valuers Organisation breaches eligibility under valuation rules. Continuous RVO membership is mandatory to retain registration.
The amendment clarifies who qualifies as a retail individual investor in debt issues. It caps eligibility at ₹2 lakh to promote targeted retail participation.
The authority held that non-maintenance of statutory minutes attracts a fixed penalty even if records were destroyed due to unforeseen events. Flood damage was treated as mitigation, not a defence to statutory liability.
