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CBDT Amends Income-tax Rules & Forms to Include Crypto-Assets & Digital Currency Reporting

March 6, 2026 4248 Views 0 comment Print

The notification expands reporting rules to include central bank digital currencies, electronic money products and relevant crypto-assets for tax information reporting.

FSSAI Proposes Amendment to Food Product Standards to Replace 2011 Packaging & Labelling Rules

March 4, 2026 174 Views 0 comment Print

The Food Safety and Standards Authority of India proposed amendments to align food product standards with the Packaging Regulations, 2018 and Labelling and Display Regulations, 2020. The draft replaces references to the earlier 2011 packaging and labelling framework across multiple provisions.

Bill Seeks SC Regional Benches at Mumbai, Chennai, Kolkata & Delhi

March 4, 2026 2481 Views 0 comment Print

The Bill seeks to amend Articles 15 and 16 to allow reservation for backward classes proportionate to their population identified through a caste census. It also proposes representation of marginalized groups and women in judicial appointments.

RBI Notifies Delisting from UNSC Sanctions List Under UAPA Compliance Framework

March 2, 2026 201 Views 0 comment Print

RBI has informed regulated entities about the removal of one entry from the UNSC ISIL and Al-Qaida sanctions list. Financial institutions must update records and ensure strict compliance under Section 51A of UAPA and KYC Directions.

Maharashtra Advances Profession Tax Due Dates to 15th

February 28, 2026 9534 Views 1 comment Print

Invoking powers under section 27 of the Act, the State Government introduced the 2026 Amendment Rules without prior publication. The revised provisions shift key filing and compliance dates to the 15th day, impacting taxpayers across the state.

CBDT Approves Sri Ramachandra Institute Institution for Section 35 Deduction

February 27, 2026 207 Views 0 comment Print

The Central Government has approved a Chennai-based higher education trust for scientific research under Section 35(1)(ii) for AY 2026-27 to 2030-31. The approval is conditional upon compliance with Rule 5E, timely filing of Form 10BD, and issuance of Form 10BE to donors.

RBI Permits Private Placement Beyond 200 Investors Due to UCB Sector Constraints

February 26, 2026 207 Views 0 comment Print

RBI’s Amendment Directions enable NUCFDC to raise capital beyond statutory private placement limits. The decision ensures broader participation by UCBs while mandating reporting and regulatory compliance.

FSSAI Issues Draft Packaging Amendment to Define Food Contact Materials and NIAS

February 26, 2026 438 Views 0 comment Print

FSSAI has proposed amendments to the 2018 Packaging Regulations to introduce key definitions, including food contact materials and non-intentionally added substances. The draft, issued under statutory powers, invites public objections within 60 days.

FSSAI Notifies New Food Safety Officer for North Central Railway Under Statutory Powers

February 26, 2026 90 Views 0 comment Print

Exercising powers under Sections 10 and 37 of the Food Safety and Standards Act, 2006, FSSAI amended its 2017 notification to appoint a new Food Safety Officer for North Central Railway. 

Government Allows Aadhaar Authentication for Credit Reports on Voluntary Basis

February 25, 2026 207 Views 0 comment Print

The Finance Ministry has permitted Aadhaar-based authentication for accessing credit information reports, subject to user consent and availability of alternative ID options.

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