SEBI issued a revised Master Circular consolidating surveillance-related directions for stock exchanges, listed companies, intermediaries, and fiduciaries. The circular strengthens insider trading compliance through automated trading window restrictions and updated surveillance mechanisms.
IRDAI approved in-principle drafting and publication of new and amended regulations following the Sabka Bima, Sabki Raksha (Amendment of Insurance Laws) Act, 2025. The regulations are to be framed within six months from the law coming into force.
The GST Appellate Tribunal issued a detailed order constituting benches across India and classifying GST disputes into three categories. The order aims to streamline hearing allocation, bench functioning, and appeal management under the GST regime.
The Principal Bench of GSTAT instructed scrutiny officers not to raise defects where appellants upload required soft copy documents with appeal filings. The order seeks to simplify and streamline the appeal filing process on the GSTAT Portal.
ICSI announced two Northern Region Convocation sessions on 9 June 2026 in Amritsar, mandating advance registration, identity proof, and prescribed attire.
The Sales Tax Bar Association requested reconsideration of Bar Council of India rules prohibiting advocates from entering partnerships with non-advocates. The representation argued that modern tax practice requires integrated legal, accounting, and compliance expertise.
DGFT clarified that banks may submit interest subvention claims even where UINs were generated after export credit disbursal during the transition phase. The relaxation was introduced to address practical implementation challenges faced by exporters and lending institutions under the EPM scheme.
SEBI has proposed objective triggers such as average daily traded volume and open interest for transitioning agricultural derivatives to compulsory physical settlement. The proposal seeks to ensure that flexibility in settlement methodology remains limited and transparent.
SEBI has proposed allowing depositories to use up to 5% of interest or income earned from Investor Protection Fund investments for administrative and statutory expenses. The proposal aims to align depository rules with the framework already applicable to stock exchanges.
SEBI has proposed the GARUDA mechanism to reduce AIF scheme launch timelines from 30 days to 10 working days. The proposal aims to improve ease of doing business and accelerate capital deployment while maintaining post-facto regulatory scrutiny.
