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Customs & GST Portals Declared Protected Systems Under Information Technology Act

January 2, 2026 1557 Views 0 comment Print

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 Mandates CIMS-Based Reporting for PPI Issuers From December 2025

January 1, 2026 786 Views 0 comment Print

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.

RBI Shifts White Label ATM Reporting CIMS Platform

January 1, 2026 720 Views 0 comment Print

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.

RBI Mandates MTSS Business Returns Through CIMS From December 2025

January 1, 2026 693 Views 0 comment Print

The directive requires MTSS Overseas Principals to shift monthly business reporting to RBI’s CIMS platform, strengthening centralized data collection.

Health Security se National Security Cess Rules, 2026

January 1, 2026 3645 Views 0 comment Print

Mandatory registration, declarations, monthly payment by the 7th, and returns by the 20th are prescribed. The Rules emphasise strict timelines and system-driven compliance.

RBI (NBFCs – Concentration Risk Management) Amendment Directions, 2026

January 1, 2026 996 Views 0 comment Print

The amendment allows select infrastructure loans to be treated as high-quality exposures if strict operational, contractual, and security conditions are met. The key takeaway is enhanced lender protection within concentration risk norms.

RBI (NBFCs – Prudential Norms on Capital Adequacy) Amendment Directions, 2026

January 1, 2026 1233 Views 0 comment Print

The amendment reduces capital risk weights for qualifying infrastructure loans based on repayment milestones. NBFCs benefit from lower capital charges when minimum repayment thresholds are met.

RBI Mandates New Capital Disclosure for Foreign Banks

January 1, 2026 453 Views 0 comment Print

The amendment requires foreign banks to separately disclose deposits earmarked as credit risk mitigation. The key takeaway is enhanced transparency in capital-related disclosures.

Import of Low Ash Metallurgical Coke Restricted Till 30th June 2026

December 31, 2025 765 Views 0 comment Print

The government has restricted imports of low ash metallurgical coke with ash content below 18% from January to June 2026. Higher-ash metallurgical coke remains freely importable.

Health and National Security Cess Act to Take Effect from February 1, 2026

December 31, 2025 1218 Views 0 comment Print

The Government has notified February 1, 2026, as the commencement date for the Health and National Security Cess law. The move activates the statute without altering its scope or provisions.

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