SEBI has proposed a comprehensive overhaul of its Master Circulars to reduce compliance costs and simplify regulatory requirements for exchanges and clearing corporations. The reforms include consolidation of circulars, fewer reporting obligations, and streamlined operational norms.
The Monetary Policy Committee unanimously retained the repo rate at 5.25% and maintained a neutral stance, citing geopolitical tensions, inflation risks, and uncertainty over growth as reasons for a cautious, data-dependent approach.
SEBI approved wide-ranging reforms covering transmission of securities, buy-backs, mutual funds, AIFs, municipal bonds, and securitisation. The measures aim to simplify compliance, improve operational efficiency, and strengthen investor protection.
SEBI cautioned investors against trading unlisted public company securities on electronic platforms that are not recognized by the regulator. It reiterated that only recognized stock exchanges are authorized to facilitate securities trading.
GSTN has made Ship-to GSTIN conditionally mandatory in specified e-Invoice and e-Way Bill workflows. The change introduces stricter validations to improve data accuracy and compliance from 1 August 2026.
RBI has issued draft amendment directions to harmonise governance standards for risk management, compliance, and internal audit functions. The proposals aim to enhance accountability, independence, and board oversight across regulated entities.
RBI has released draft amendment directions on the Standardised Approach for Counterparty Credit Risk after reviewing legal and regulatory developments. Stakeholders have been invited to submit comments by July 1, 2026.
GSTN has postponed the implementation of mandatory “Ship To GSTIN” capture and voluntary E-Way Bill closure to 1 August 2026. The extension was granted to allow taxpayers and technology providers additional time for preparedness.
The MPC retained the repo rate at 5.25% and maintained a neutral stance despite growing inflation risks. It held that greater clarity on geopolitical developments, supply disruptions, and inflation trends is needed before changing policy rates.
The Monetary Policy Committee retained the repo rate at 5.25% and maintained a neutral stance despite rising inflation risks. RBI held that greater clarity on global shocks and supply disruptions is needed before policy adjustments.
