The circular allows PoPs to engage new categories like professionals, fintechs, and rural agents as Pension Agents. The key takeaway is expanded outreach with strict compliance responsibility on PoPs.
The circular directs eligible financial institutions to provide interest support for export factoring to MSMEs. The key takeaway is improved access to export finance through regulated entities.
The customs authority clarified procedures for export cargo returning to Indian ports due to maritime disruptions. The circular prescribes verification, cancellation of export documents, and safeguards to prevent wrongful export incentive claims.
CBIC has issued a circular allowing stranded Indian nationals to bring pet dogs and cats into India with relaxed documentation requirements. The one-time measure addresses extraordinary circumstances in war-affected regions.
The new framework allows FinTech entities to test innovative financial solutions under regulatory supervision. It replaces the earlier 2022 sandbox guidelines with expanded testing mechanisms.
SEBI has modified SGF coverage norms for commodity derivatives clearing corporations, requiring stress testing based on the simultaneous default of at least three clearing members. The move aims to strengthen risk management while easing compliance.
The insurance regulator clarified that certificates of registration for intermediaries will now remain valid indefinitely. The change eliminates the earlier three-year renewal framework, subject to payment of an annual fee.
IFSCA clarified that the supersession of earlier fee circulars will apply from the date of commencement rather than the date of issuance, ensuring clarity in regulatory implementation.
SEBI clarified conditions under which mutual funds can use intraday borrowings to address redemption payout timing mismatches. The borrowing amount must be linked to guaranteed receivables due the same day.
The State Tax Department allowed taxpayers to pay profession tax using PAN after system migration caused portal access issues. Registration and return filing were temporarily disabled for March 2026 compliance.
