RBI requires small finance banks to disclose deposit insurance premium payments and confirm whether they were paid within prescribed timelines in annual financial statements.
RBI introduced new disclosure requirements requiring banks to report timely payment of deposit insurance premiums to DICGC. The amendment strengthens transparency in financial reporting.
The government amended the FDI policy requiring investments from neighbouring countries to follow the government approval route and clarified rules on beneficial ownership.
GSTN clarified that payments made through Form GST DRC-03 are not automatically adjusted against a demand order. Taxpayers must file Form GST DRC-03A to link the payment before filing an appeal.
The notification allows exemption from e-way bill for vehicles moved solely for testing purposes. It clarifies that non-supply transactions can qualify for relief subject to strict compliance.
FSSAI has revised turnover thresholds for food business registration and licensing under the 2026 amendment regulations. The new limits aim to streamline regulatory compliance and reduce burdens on smaller food businesses.
Through Notification No. 25/2026-Customs (N.T.), CBIC updated tariff values for edible oils, gold, silver, and brass scrap to reflect current price trends and ensure accurate customs duty assessment.
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 adjudicating authority held that failure to file the board resolution within the prescribed 30-day period violated Section 117 of the Companies Act. The company and its directors were penalized.
