The proposed 2026 amendments require successful completion of an accredited ISO 22000 Lead Auditor course for food safety auditors. The draft aims to revise professional standards under food auditing regulations.
FSSAI has issued draft regulations introducing quality and safety standards for chilli seed, tomato seed, okra seed, and muskmelon seed oils. The proposal aims to regulate production, contaminants, additives, and labelling for safer consumer use.
The Finance Ministry has permitted seven reporting entities to conduct Aadhaar authentication under Section 11A of the PMLA. The notification highlights compliance with privacy and security standards under the Aadhaar Act after consultation with UIDAI and RBI.
FSSAI has provided a transition period until 1 July 2027 for compliance with new vegan logo specifications. The amendment focuses on standardized packaging and labeling practices.
The Central Government amended the HSNS Cess Rules, 2026 to streamline procedural and accounting requirements under Rule 35. The notification removes certain consultation and approval conditions to simplify administrative compliance.
RBI has abolished the mandatory Investment Fluctuation Reserve requirement for commercial banks following changes in market risk and investment regulations. Banks must now transfer existing IFR balances to reserves or profit and loss accounts.
The amendment bars related parties, recent auditors, and connected persons from acting as registered valuers in pre-pack insolvency proceedings. The revised rules aim to ensure impartial and conflict-free valuation processes.
The IBBI amended the Liquidation Process Regulations, 2016 to allow appointment of one registered valuer for each asset class in MSME liquidation cases. The change is aimed at reducing costs and simplifying the liquidation framework for smaller businesses.
The IBBI amended the CIRP Regulations, 2016 to permit appointment of one set of registered valuers for MSME corporate debtors. The change aims to reduce costs and streamline insolvency resolution for small businesses.
RBI has amended Investment Fluctuation Reserve norms for Small Finance Banks after identifying operational difficulties in maintaining IFR. The revised framework prescribes a minimum reserve linked to investment portfolio exposure.
