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KSCAA Seeks GSTAT Appeal Deadline Extension Due to Portal Deficiencies

June 23, 2026 717 Views 0 comment Print

KSCAA has urged the Government to extend the GSTAT appeal filing deadline by three months, citing technical glitches, procedural ambiguities, and compliance challenges. The representation also seeks detailed guidance to ensure uniform and error-free appeal filings.

SEBI Reviews Master Circulars to Simplify Compliance for Stock Exchanges

June 22, 2026 600 Views 0 comment Print

SEBI has proposed a comprehensive overhaul of its Master Circulars to reduce compliance costs and simplify regulatory requirements for exchanges and clearing corporations. The reforms include consolidation of circulars, fewer reporting obligations, and streamlined operational norms.

CBIC Appoints Common Adjudicating Authority for Flexituff Customs SCNs

June 22, 2026 207 Views 0 comment Print

CBIC has designated a common adjudicating authority for multiple customs show cause notices involving related noticees. The notification aims to ensure consistent and coordinated adjudication under the Customs Act, 1962.

Pension Eligibility for Compassionate Appointees Based on Application Date

June 22, 2026 1017 Views 0 comment Print

The Government has decided that the date of application, not the date of appointment, will determine pension eligibility for compassionate appointees in specified cases. Eligible applicants who applied on or before 31 December 2003 can be considered under the CCS (Pension) Rules.

MHA Revises FCRA Compounding Penalties for Misuse of Foreign Contributions

June 22, 2026 630 Views 0 comment Print

The notification updates compounding amounts for key FCRA violations, including excess administrative expenses, speculative investments, and misuse of foreign contributions. It also clarifies that the revised provisions apply prospectively.

Department of Posts Introduces e-KYC in Branch Post Offices

June 22, 2026 957 Views 0 comment Print

The Department of Posts has introduced Aadhaar-based e-KYC operations in Branch Post Offices, enabling paperless deposits, withdrawals, and account interoperability. The order strengthens digital banking while mandating mobile-linked accounts for secure transactions.

MCA Extends time period for validity of name reservation and resubmission

June 20, 2026 3822 Views 0 comment Print

The MCA has introduced temporary relief measures extending name reservation validity and e-form resubmission deadlines affected by the 05.06.2026 fire incident. Relief for previously expired cases is available through the MCA Helpdesk, subject to verification.

RBI Exempts Long-Term NRE Deposits from CRR and SLR for Regional Rural Banks

June 19, 2026 225 Views 0 comment Print

The Third Amendment Directions provide CRR and SLR exemption for eligible fresh NRE term deposits with a minimum tenure of three years. The RBI also clarified that transfers from NRO accounts to NRE accounts are not eligible for the exemption.

RBI Exempts Long-Term NRE Deposits from CRR & SLR for Rural Co-operative Banks

June 19, 2026 207 Views 0 comment Print

The RBI has exempted fresh NRE term deposits of three years or more mobilized by Rural Co-operative Banks between June 19 and September 30, 2026 from CRR and SLR requirements. The exemption applies to the original deposit amount while it remains on the bank’s books, subject to specified conditions.

RBI Exempts Long-Term NRE Deposits from CRR & SLR for Urban Co-operative Banks

June 19, 2026 216 Views 0 comment Print

The RBI’s Third Amendment Directions provide CRR and SLR exemption for eligible fresh NRE term deposits with a minimum tenure of three years. The amendment also clarifies that transfers from NRO accounts to NRE accounts are not eligible for the exemption.

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