The Centre has permitted Home First Finance Company India Ltd. to perform Aadhaar authentication under Section 11A of the PMLA after required consultations.
June 2026 gross GST collections reached Rs. 1.94 lakh crore, driven by higher domestic and import revenues, while net collections rose 11.2%.
The Government has extended the validity of Notification No. 13/2026-Customs from 30 June to 15 July 2026. The amendment ensures continuity of the existing customs exemption without changing any other conditions.
CBIC has extended the Nil customs duty exemption on 40 notified petrochemical products by 15 days, keeping the benefit available until 15 July 2026.
RBI has rationalised FEMA reporting by introducing revised return formats, discontinuing several reports, and easing compliance requirements for Authorised Persons, FFMCs, and MTSS entities.
RBI has overhauled customer protection rules for Regional Rural Banks by introducing stronger fraud prevention measures, zero-liability provisions, and mandatory compensation mechanisms for eligible victims of electronic banking fraud.
RBI’s 2026 amendment introduces stronger safeguards for Small Finance Bank customers, including zero-liability protection, mandatory fraud alerts, compensation for eligible victims, and stricter fraud reporting obligations.
RBI has amended its NBFC Governance Directions to exempt fully government-owned and controlled Upper Layer NBFCs from specified governance provisions, easing compliance while maintaining the broader regulatory framework.
RBI has amended the Scale Based Regulatory Framework by making asset size of ₹1 lakh crore the primary criterion for identifying Upper Layer NBFCs and simplifying the classification process.
PFRDA has introduced the AI-powered Pension Sahayak portal, replacing the earlier CGMS with a multilingual, voice-enabled grievance platform. The new system enhances accessibility, transparency, and faster resolution for pension subscribers.
