The regulations establish a standalone framework for MGAs, prescribing registration standards, operational safeguards, and supervisory mechanisms. The key takeaway is the enhanced focus on transparency, accountability, and policyholder protection.
The Ordinance exempts interest income and capital gains arising from Government securities for Foreign Institutional Investors and the Bank for International Settlements. The key takeaway is a new tax incentive framework effective from 1 April 2026.
The Lakshadweep Excise Regulation, 2026 establishes a comprehensive framework for licensing, manufacture, sale, transport, and consumption of liquor. The Regulation introduces strict compliance requirements, enforcement powers, and penalties for violations.
RBI has amended FEMA export regulations to reduce the time available for realization and repatriation of export proceeds from 15 months to 9 months. Exporters must now ensure faster receipt of export earnings and stricter compliance with foreign exchange rules.
The vacancy circular highlights opportunities for professionals to contribute to financial reporting and auditing oversight. Applicants meeting the prescribed educational and experience criteria may apply within the stipulated timeline.
RBI has designated Canara Bank as the Lead Bank for the newly formed Bajali district in Assam. The circular follows the state’s notification creating and demarcating the new district.
DGFT has widened QCO/BIS exemptions for SEZ Units and Developers by allowing imports of all permissible goods required for authorized operations. Compliance will apply only when goods are cleared into the Domestic Tariff Area.
DGFT has amended import conditions for specified silver products by requiring a valid Import Authorisation for eligible imports. The change applies to nominated agencies, banks, and qualified jewellers importing through IIBX.
The DGFT has nominated 40 non-official members from diverse sectors to the Board of Trade. The move aims to strengthen trade policy discussions and export promotion efforts.
The MCA has amended the valuation rules to require Registered Valuer Organisations to maintain a minimum paid-up capital of ₹25 lakh. The key takeaway is stronger financial and governance standards for RVOs.
