EPFO has approved acceptance of transgender identity certificates for name and gender corrections. The move strengthens inclusivity while easing member profile updates.
The 2025 regulations overhaul how Global In-House Centres can be set up and operated in IFSCs, replacing the 2020 regime. They clarify eligibility, services, compliance, and regulatory oversight to strengthen IFSCs as global financial hubs.
The issue concerns the rollout of Phase 2 of continuous cheque clearing under CTS. RBI postponed implementation to give banks more time to prepare operationally.
The amendment introduces a one-time option for UPS subscribers to revert to NPS within defined service timelines. The key takeaway is added flexibility, with clear conditions on contributions and loss of assured UPS benefits after switching.
The amendment requires every resolution plan to disclose ultimate beneficial owners and ownership structures. The key takeaway is enhanced transparency in insolvency resolution proceedings.
Authorities addressed concerns over cheap chemical imports. The ruling introduces minimum CIF thresholds while exempting export-focused units from the restriction.
IRDAI has proposed relaxing rules to allow insurers to invest in infrastructure SPVs with stable cash flows. The move aims to support long-term infrastructure financing without parent guarantees.
ICAI has announced the ISA Course Assessment Test (3.0 Syllabus) for eligible members, to be held on 7 February 2026 in Computer Based Test (CBT) mode.
District creation necessitated regulatory alignment. The RBI assigned Bank of Baroda as Lead Bank while keeping existing arrangements unchanged elsewhere.
The central bank has laid down fresh directions requiring transparent, Board-approved interest rate frameworks for urban co-operative banks. The key takeaway is stronger safeguards against excessive interest and clearer disclosures to borrowers.
