GSTN clarified that system-calculated interest for February 2026 was incorrectly reflected in March returns due to a technical issue. Taxpayers must recompute and update the correct interest using the portal feature.
he agreement focuses on sharing intelligence to detect fraud in the securities market. It enables coordinated action using telecom and financial data systems.
SEBI introduced SUPCOMS, an e-adjudication portal, and a cybersecurity platform to improve communication, speed up proceedings, and enhance regulatory oversight. The move aims to create a transparent and paperless compliance ecosystem.
The RBI proposes replacing the existing dual methodology with a single asset-based criterion for identifying NBFC-UL entities. The move aims to simplify classification and improve transparency in regulatory oversight.
The discussion paper addresses increasing APP frauds and proposes preventive safeguards like transaction delays and authentication layers. It aims to strengthen security without disrupting digital payment convenience.
GSTN has enabled editing of the pre-deposit percentage in APL-01 filings. The change allows taxpayers flexibility, while verification remains with the appellate authority.
The Reserve Bank of India issued draft Amendment Directions on April 8, 2026, revising the existing framework for Investment Fluctuation Reserve (IFR) across multiple categories of banks, including commercial banks, co-operative banks, small finance banks, payments banks, and regional rural banks. The draft proposes key changes such as removing the IFR requirement for banks already […]
The draft removes the restriction linked to NPA provisioning for including quarterly profits in CET1 capital. It simplifies capital adequacy calculations while retaining prudential safeguards.
The RBI proposes removing restrictions on including quarterly profits in CRAR calculations linked to NPA provisioning. This move simplifies capital adequacy compliance and improves flexibility for banks.
The Reserve Bank of India has opened public consultation on draft supervisory directions. Stakeholders can comment on completeness and accuracy, though substantive changes are excluded.
