The authority ruled that absence of a loan does not waive compliance obligations. Failure to intimate satisfaction of charge attracted mandatory penalties.
The ROC held that failure to appoint a woman director within the prescribed period violates section 149(1). Monetary penalties were imposed despite later rectification of the default.
Recent amendments in GSTR-9 and GSTR-9C have increased compliance complexity, prompting calls for extended deadlines to allow accurate filing and reconciliation.
The regulator upheld the merger of Scheme A with larger asset classes citing its small corpus and concentration risk. The move improves diversification, stability, and long-term retirement outcomes for subscribers.
The Bill allows full foreign ownership in insurance companies to attract capital and expertise. It signals a major policy shift aimed at accelerating sectoral expansion while retaining regulatory safeguards.
The 2025 amendments revise exit, withdrawal, and annuity norms across NPS categories. Clear thresholds and deferment options up to age 85 are introduced for subscribers.
RBI amends CRR and SLR reporting periods for Local Area Banks, introducing calendar-based fortnights and electronic submission of Form A and Form VIII returns.
The amendment directs payments banks to enforce account usage limits, monitor transactions biannually, and prevent pass-through or unauthorized activities, effective April 2026.
A company and its directors avoided penalties for late filing of financial statements after submitting them within thirty days of the show-cause notice, demonstrating compliance relief under Section 454(3).
A company and its directors were exempted from penalties for late filing of financial statements after rectifying the default within thirty days, highlighting the protective provision under Section 454(3).
