The government notified a statutory commission for tax benefits under section 10(46A). The exemption applies from AY 2026-27 subject to continued eligibility conditions.
The Finance Act, 2026 prescribes income-tax rates, surcharge, and cess for the assessment year 2026–27. It establishes the legal framework for tax computation, including applicable slabs and additional levies.
RBI introduced stricter rules for acquisition finance and lending to intermediaries to control risk exposure. The framework ensures prudent lending and financial stability.
RBI revised concentration risk guidelines to include broader exposure categories and stricter limits. The move strengthens risk management and safeguards financial stability.
The RBI clarified that IPCs will be treated as financial guarantees with a 100% credit conversion factor. However, capital is required only on the capital market exposure portion, with a 125% risk weight applied.
Banks must now report detailed capital market exposures including investments, advances, and underwriting commitments. The amendment aligns disclosures with updated credit norms.
The RBI has updated its guidelines to permit acquisition and bridge finance for promoter stakes in new companies. This move enhances flexibility in corporate financing structures.
RBI introduced detailed rules on loans against eligible securities, including LTV limits and collateral norms. The amendment strengthens risk monitoring and restricts high-risk lending practices.
The RBI amended concentration risk rules to introduce detailed capital market exposure norms for small finance banks. It sets prudential limits and clarifies inclusion and exclusion of exposures to strengthen risk management.
RBI clarified that irrevocable payment commitments will be treated as financial guarantees with specific capital requirements. The amendment ensures capital is maintained only on CME exposure with defined risk weights.
