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Notifications/Circulars

CBIC Allows One-Time Relaxation for Import of Pets with Stranded Indians from War-Hit Middle East

March 16, 2026 573 Views 0 comment Print

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.

IFSCA Issues New FinTech Sandbox Framework for Innovation in IFSC

March 16, 2026 534 Views 0 comment Print

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.

DGFT Restricts Import of Certain Studded Silver Jewellery

March 16, 2026 963 Views 0 comment Print

The government has changed the import policy of specific studded silver jewellery items from Free to Restricted. Importers must now obtain authorization for these products.

SEBI Updates Stress Testing Norms for Commodity Derivatives SGF Coverage

March 16, 2026 327 Views 0 comment Print

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.

SEBI Mandates Abridged Prospectus and QR Code Disclosures in IPOs

March 16, 2026 1296 Views 0 comment Print

SEBI now requires draft abridged prospectuses and QR code-linked disclosures in IPO documents. The move enhances investor access to key information and improves transparency.

ROC Imposes Penalty for Failure to Maintain Required Rotational Directors

March 16, 2026 396 Views 0 comment Print

The adjudicating authority penalized a company for not maintaining the required number of directors liable to retire by rotation. The violation continued for over 700 days before being rectified.

CBDT Issues Corrigendum to Correct Name of Income-tax Amendment Rules, 2026

March 16, 2026 858 Views 0 comment Print

The corrigendum addresses an incorrect naming in the previous notification. It substitutes the correct title without changing the substance of the rules.

Annual Fee System Introduced as Law Ends Periodic Renewal of Insurance Registrations

March 16, 2026 669 Views 0 comment Print

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.

CBIC Revises Jurisdiction of Visakhapatnam Customs Commissioner

March 16, 2026 537 Views 0 comment Print

CBIC amends the customs jurisdiction under Notification 21/2022 to redefine areas under the Principal Commissioner of Customs, Visakhapatnam. The update clarifies coverage of ports, SEZs, airports, and multiple districts in Andhra Pradesh.

RBI Directs Currency Chests to Remain Open on March 31 2026

March 16, 2026 618 Views 0 comment Print

Banks holding currency chests were instructed to function normally on March 31, 2026, despite the holiday. The directive supports timely settlement of government transactions before the financial year closes.

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