SEBI released a corrigendum correcting the enabling provisions and clause numbering in its January 2026 notification amending the LODR Regulations. The correction clarifies the statutory powers and technical drafting errors.
The appellate authority clarified that under the RTI framework, public authorities are only required to provide information already available on record and cannot be compelled to create or interpret data for applicants.
The consultation paper proposes a regulatory framework governing preferential issues and QIPs by IFSC-listed entities, focusing on disclosure norms, investor protection, and streamlined capital raising.
RBI issued draft amendment directions to strengthen the framework on limiting customer liability in digital transactions. The proposal expands coverage of fraudulent transactions, speeds up complaint resolution, and introduces compensation for small-value digital fraud victims.
Rules 245–246 of the Draft Income-tax Rules, 2026 require the Income-tax Department to upload Annual Information Statements and prescribe procedures for valuer registration to strengthen tax transparency and compliance.
Rule 244 of the Draft Income-tax Rules, 2026 requires crypto-asset service providers to perform detailed due diligence and obtain self-certifications to identify reportable users and ensure accurate tax reporting.
Rule 243 of the Draft Income-tax Rules, 2026 mandates detailed reporting of crypto-asset users and transactions by service providers to ensure transparency and tax compliance.
Rule 242 of the Draft Income-tax Rules, 2026 mandates crypto-asset reporting and due diligence for service providers connected to India while allowing exemptions where equivalent compliance is completed in partner jurisdictions.
Rule 241 of the Draft Income-tax Rules, 2026 introduces detailed definitions for crypto-asset transactions, reporting crypto-asset service providers, and reportable users. The rule aims to strengthen AML and KYC compliance while enabling cross-border tax transparency through clear reporting obligations for crypto-asset activities.
Draft Rules 290–292 of the Income-tax Rules, 2026 specify audit report formats under Schedules IX and X and prescribe the mandatory investment pattern for provident fund contributions.
