The 2026 amendment directions modify how Regional Rural Banks must maintain IFR under RBI’s investment portfolio framework. Banks are now required to maintain IFR at a minimum of 2% of HFT and AFS portfolios.
RBI has amended the financial statement disclosure framework for Local Area Banks by revising reserve definitions and NPI provision reporting requirements. The changes aim to improve transparency and standardization in banking disclosures.
The DGFT has changed the import status of specified silver bars from “Free” to “Restricted” under ITC HS Codes 71069221 and 71069229. Importers must now comply with Policy Condition No. 7 of Chapter 71 under the revised import framework.
ROC Kolkata penalized a company and its directors for delayed transfer of unspent CSR funds to the Swachh Bharat Kosh. The order highlights strict enforcement of Section 135(7) compliance timelines under the Companies Act.
SEBI has clarified that InvITs with borrowings exceeding 49% of asset value can use fresh debt for capital expenditure, road maintenance, and refinancing of eligible principal debt. The circular immediately expands financing flexibility for infrastructure trusts.
ROC Cuttack imposed penalties for failure to print mandatory contact information on company letterheads under Section 12(3)(c). The ruling stresses strict compliance with statutory disclosure requirements in official documents.
CBIC has updated customs tariff values for gold, silver, palm oil, soybean oil, and brass scrap through Notification No. 46/2026-Customs (N.T.). The revised rates will apply from 16 May 2026 for import valuation purposes.
ROC Chennai held that an Additional Director who was not regularised at the AGM could not be treated as an officer in default during the violation period. The ruling highlights the importance of director status while fixing liability under the Companies Act.
SEBI has proposed sweeping amendments to exchange traded derivatives regulations to simplify compliance norms and remove outdated provisions. The consultation paper seeks to merge and streamline multiple master circulars for stock exchanges and commodity derivatives.
The Food Safety and Standards Authority of India notified the Food Safety and Standards (Contaminants, Toxins and Residues) Amendment Regulations, 2026, which will come into force from 1 December 2026. The amendments revise contaminant and residue standards under the Food Safety and Standards (Contaminants, Toxins and Residues) Regulations, 2011. Changes relating to metal contaminants include […]
