RBI has amended financial statement disclosure norms to include granular reporting of related party exposures. The move strengthens oversight of credit risk and governance.
The notification grants Section 10(23FE) exemption to specified pension funds for eligible India investments, subject to detailed compliance and reporting conditions.
The regulator has formally recognized operating and hybrid leases of oilfield equipment as financial products. This brings such leasing activities under the IFSC regulatory framework from the date of notification.
The Government removed restrictive conditions on low ash metallurgical coke imports. The change allows free import across key HS codes, easing raw material access for industry.
The amended regulations mandate electronic filing of liquidation forms on the Board’s platform. Compliance must follow timelines notified for each form.
The government has classified key customs and GST platforms as protected systems under Section 70 of the IT Act. This move enhances cybersecurity safeguards and legally restricts access to authorised users only. It aims to secure sensitive tax and trade data from unauthorised intrusion.
RBI has required PPI issuers to shift statistical and grievance reporting to the CIMS portal starting December 2025. The move centralises regulatory data collection and strengthens supervisory oversight.
The circular mandates that White Label ATM operators must file monthly WLA Statistics returns through RBI’s CIMS system from December 2025 onwards. The move centralises data reporting and strengthens regulatory monitoring, with penalties prescribed for non-compliance.
The directive requires MTSS Overseas Principals to shift monthly business reporting to RBI’s CIMS platform, strengthening centralized data collection.
Mandatory registration, declarations, monthly payment by the 7th, and returns by the 20th are prescribed. The Rules emphasise strict timelines and system-driven compliance.
