The authority held that pension contributions wrongly paid for ineligible members must be recalculated with interest, transferred to the correct PF account, and erroneous pension service deleted to ensure accuracy.
The authority clarified that Saturdays, Sundays, and holidays between two EPF-covered employments cannot be treated as a break in service, ensuring EDLI benefits are not wrongly denied.
DGFT reaffirmed the restricted status of IT hardware imports and mandated online authorisation under the Import Management System. The ruling sets clear timelines and validity rules for 2026.
SEBI has operationalised Regulation 11B by prescribing half-yearly disclosure timelines and formats for SDIs. The framework becomes effective from the end of March 2026.
NFRA requires statutory auditors to assemble, archive, and submit audit files promptly, ensuring audit documentation is authentic, complete, and retrievable under professional standards.
The ruling allows monetary incentives for PoPs facilitating NPS enrolments via FPOs, addressing higher outreach costs and improving last-mile pension access.
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.
SEBI amends regulations for Stock Exchanges, Clearing Corporations, and Depositories, enhancing accountability of MDs, EDs, and key management personnel.
The circular directs all banking units to implement the provisions of Sections 10, 11, 12, and 13 of the Banking Laws (Amendment) Act, 2025 under IFSCA’s supervisory powers.
Explains SEBI’s decision to postpone Phase III of the revamped nomination framework. Key takeaway: implementation is deferred due to system and operational challenges.
