RBI has issued draft amendment directions to harmonise governance standards for risk management, compliance, and internal audit functions. The proposals aim to enhance accountability, independence, and board oversight across regulated entities.
RBI has released draft amendment directions on the Standardised Approach for Counterparty Credit Risk after reviewing legal and regulatory developments. Stakeholders have been invited to submit comments by July 1, 2026.
Government extends countervailing duty on aluminium wire/wire rod imports from Malaysia up to 23 March 2027 through Notification No. 3/2026-Customs.
Government extends anti-dumping duty on aluminium foil from China, Malaysia, Thailand and Indonesia up to 15 December 2026. Notification No. 10/2026-Customs (ADD) Dated: 10th June, 2026
Notification No. 29/2026-Central Excise grants Nil Agriculture Infrastructure and Development Cess on E22, E25, E27 and E30 petrol blends. The move strengthens the Government’s efforts to promote cleaner and sustainable fuel alternatives.
Notification No. 28/2026-Central Excise exempts E22, E25, E27 and E30 petrol blends from additional excise duty in the form of Road and Infrastructure Cess. The measure advances India’s policy objective of encouraging cleaner transportation fuels.
Notification No. 27/2026-Central Excise extends Nil special additional excise duty benefits to E22, E25, E27 and E30 petrol blends. The measure strengthens the Government’s policy framework promoting ethanol-based fuels.
Notification No. 26/2026-Central Excise extends Nil excise duty benefits to petrol blended with 22%, 25%, 27% and 30% ethanol. The move reinforces the Government’s commitment to expanding ethanol usage in the fuel sector.
The Committee recommended replacing daily cause lists with weekly schedules and permitting supplementary lists when necessary. The proposal seeks to enhance predictability and administrative efficiency in tribunal proceedings.
The First Appellate Authority noted that the CPIO exceeded the statutory RTI timeline by one day. However, since the requested closure letter had been furnished, no further action was considered necessary.
