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Electronic Entries for Postal Exports Recognised Under Customs Rules

January 15, 2026 570 Views 0 comment Print

References to bills of export now include electronic section 84 entries processed on the automated system. This ensures postal exporters are not excluded due to procedural form.

Drawback Rules Updated to Recognise Postal Export Entries

January 15, 2026 1005 Views 0 comment Print

Headings and provisions are harmonised to include section 84 entries. The key outcome is uniform treatment across export documentation.

SEBI (Mutual Funds) Regulations, 2026

January 14, 2026 3792 Views 0 comment Print

Clear routes for eligibility, capital requirements, and fit-and-proper standards are prescribed. The key outcome is a more resilient and credible MF ecosystem.

RBI Seeks Feedback on Draft Directions Clarifying Owned Fund/Tier 1 Capital for NBFCs/ARCs and Concentration Norms

January 13, 2026 570 Views 0 comment Print

The central bank has issued draft amendments clarifying capital computation norms for NBFCs and other regulated entities, inviting comments until January 28, 2026.

Government Revises Part-Time Appointments to NFRA

January 13, 2026 657 Views 0 comment Print

The Centre has amended rules governing part-time appointments to the national financial reporting regulator. The move updates the list of senior officials nominated from key oversight institutions.

Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026

January 13, 2026 6972 Views 0 comment Print

Clear timelines for realisation, extensions, and reductions are prescribed with enhanced oversight by Authorised Dealers. This strengthens monitoring of export proceeds.

FAQs on Labour Codes

January 13, 2026 7719 Views 0 comment Print

The FAQs explain the uniform wage definition and the 50% allowance cap across all Codes. Gratuity applies prospectively from 21 November 2025 with clarified eligibility and calculation.

FAQs on Occupational Safety, Health and Working Conditions (OSH) Code, 2020

January 13, 2026 1602 Views 0 comment Print

Raising factory and licensing thresholds does not remove safety and welfare protections. All establishments with 10 or more workers must comply.

Penalty Imposed for Ignoring Auditor’s Adverse Remarks in Board’s Report

January 12, 2026 1227 Views 0 comment Print

ROC Chennai ruled that boards must explain every audit qualification or adverse remark. Non-compliance resulted in penalties under the Companies Act.

Penalty Imposed for Non-Disclosure of ICC Compliance in Board’s Report

January 12, 2026 513 Views 0 comment Print

ROC Chennai held that failure to disclose ICC compliance in the Board’s Report violates Section 134. The company and defaulting directors were penalised accordingly.

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