A corrigendum fixes multiple drafting and referencing mistakes in income tax rules. The update ensures clarity without altering substantive provisions.
The issue involved restrictive branch approval requirements for NBFCs. RBI removed prior approval norms, allowing easier expansion while maintaining safeguards based on financial strength and ratings.
IRDAI delegates Section 34 powers between Whole Time Members and Chairperson. The move aims to streamline enforcement actions and improve regulatory efficiency.
The amendment addressed gaps in assessing intermediary eligibility. SEBI expanded the scope to include economic offences and mandated disclosures, strengthening investor protection and governance.
The notification restricts import of Glufosinate where the combined CIF value and duty fall below the threshold. It introduces a uniform valuation-based control for six months.
The government approved a major fund to enhance startup funding through AIFs. The scheme aims to strengthen innovation, especially in deep tech and early-stage ventures.
The issue involved disciplinary action for professional and other misconduct under the Chartered Accountants Act. The authorities held the member guilty, and the penalty of removal was upheld through appeal and enforced after court dismissal.
The Bill mandates seat allocation using updated census figures, replacing decades-old data. It ensures fair representation aligned with current population realities.
The government amended the excise notification to revise the duty rate to Rs. 31.5 per litre. The change is effective immediately and reflects a targeted rate adjustment.
Finance Ministry amends Notification 08/2026 to raise SAED on export of ATF to Rs 42 per litre, effective immediately from April 11, 2026.
