The CBIC has revised tariff values for gold, silver, palm oil, soybean oil, brass scrap and areca nuts under Notification No. 20/2026-Customs (N.T.). The updated rates, effective 14 February 2026, impact valuation for customs duty purposes under Section 14 of the Customs Act, 1962.
SEBI has initiated a multilingual AI-driven outreach to spread awareness about the SEBI Check Tool and validated UPI handles. The pilot aims to help investors verify payment details before transferring funds.
The RBI amended NBFC Credit Facilities Directions to align asset classification and provisioning with updated prudential norms. The change ensures uniform application of income recognition and provisioning standards.
Jharkhand Gramin Bank has announced empanelment of retired Scale II–V officers for contractual concurrent audit roles. The engagement is for three years with defined eligibility conditions, remuneration options, and region-wise postings across Jharkhand.
The RBI has proposed new Responsible Business Conduct amendments requiring Rural Co-operative Banks to curb mis-selling, compulsory bundling, and deceptive digital practices. The draft Directions mandate explicit consent, product suitability checks, and customer compensation mechanisms.
The RBI has proposed comprehensive amendments requiring banks to prevent mis-selling, compulsory bundling, and deceptive digital “dark patterns.” The draft Directions mandate explicit consent, suitability assessment, and customer compensation in cases of wrongful sales.
The Commerce Ministry revised SEZ-Online user charges after migration of transactions to ICEGATE reduced operational viability. New rates for transactions, AMC, and registrations apply from January 1, 2026.
ROC Kolkata imposed penalties for failure to appoint the mandatory two Independent Directors within the prescribed timeline under Section 149. The order clarifies that delayed compliance after conversion into a public company invites monetary penalty under Section 172.
IRDAI has issued key clarifications allowing insurers to invest in AIFs using SEBI-compliant Excusal Rights, provided funds are not deployed overseas. The circular introduces strict documentation, audit, and certification safeguards under Section 27E.
In a case involving delayed filing of annual returns for FY 2013–14, the ROC declined to impose penalty under Section 454. The order clarified that pre-2018 defaults fall under the fine regime, not the penalty regime, leaving compounding as the appropriate remedy.
