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RBI (Commercial Banks – Credit Risk Management) Third Amendment Directions, 2026

April 29, 2026 531 Views 0 comment Print

The RBI requires banks to factor in potential disaster impacts while assessing borrower creditworthiness. This ensures more resilient and forward-looking lending practices.

CA Profession Not Low-Paying, Says ICAI While Rejecting Misreported Salary Data

April 29, 2026 15963 Views 1 comment Print

The issue involved a media report alleging low returns and poor salaries for Chartered Accountants. The Institute clarified that the profession offers high demand, strong salaries, and diverse opportunities, correcting the misleading narrative.

India Post Raises Aadhaar-Based Withdrawal Limit to ₹20,000

April 28, 2026 555 Views 0 comment Print

Under SB Order No. 03/2026, customers can now withdraw up to ₹20,000 through Aadhaar authentication without submitting withdrawal forms or vouchers. The revised framework promotes seamless and paperless Post Office Savings Bank transactions.

Mandatory PAN Requirement Introduced for Post Office Transactions Under Income Tax Rules 2026

April 27, 2026 1545 Views 0 comment Print

The consolidation into Form 121 introduces stricter documentation and reporting obligations. The decision emphasizes accountability and structured tax reporting mechanisms.

RBI (Commercial Banks – Capital Charge for Credit Risk – Standardised Approach) Directions, 2026

April 27, 2026 2325 Views 0 comment Print

The Directions introduce a structured framework for calculating risk-weighted assets under Basel III norms. The ruling ensures improved consistency, transparency, and risk sensitivity in capital adequacy.

Master Direction – Reserve Bank of India (Access Criteria for NDS-OM) Directions, 2025

April 27, 2026 666 Views 0 comment Print

The RBI revised access criteria by shifting application processes to the PRAVAAH portal. The ruling emphasizes digital compliance, transparency, and streamlined access to the government securities platform.

Drawback Allowed as SEZ to DTA Supply Treated as Import Under Law: CBIC

April 27, 2026 900 Views 0 comment Print

CBIC clarified that goods moving from SEZ to DTA are deemed imports. Hence, re-export of such goods qualifies for drawback under Section 74. The key takeaway is uniform treatment of SEZ clearances.

NCLT Allows Single Member Benches to Hear Cases to Reduce Pendency and Speed Up Disposal

April 27, 2026 510 Views 0 comment Print

The order permits single judicial members to handle procedural and uncontested matters. It ensures faster case disposal while preserving safeguards for contested issues.

MCA Expands Fast-Track Mergers, Easing Mid-Market Restructuring Beyond NCLT

April 27, 2026 606 Views 0 comment Print

The MCA introduced a risk-based eligibility framework allowing more companies to access fast-track mergers. By replacing size criteria with debt thresholds, the reform enables quicker approvals. The ruling highlights a shift toward efficiency and reduced judicial intervention.

ROC Mumbai Imposed Penalty for Failure to Maintain Registered Office Address

April 27, 2026 519 Views 0 comment Print

The case involved non-maintenance of a functional registered office, evidenced by undelivered official communication. The authority imposed penalties, highlighting strict compliance with Section 12 requirements.

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