RBI issued draft amendment directions to strengthen the framework on limiting customer liability in digital transactions. The proposal expands coverage of fraudulent transactions, speeds up complaint resolution, and introduces compensation for small-value digital fraud victims.
RBI reported that 98.44% of ₹2000 banknotes in circulation have been returned since the withdrawal announcement in May 2023. However, ₹2000 notes continue to remain legal tender.
Gross GST revenue reached ₹1.83 lakh crore in February 2026, driven by 17.2% growth in import revenues. Net collections also rose 7.9%, reflecting steady domestic and customs performance.
SEBI issued a caution after fraudsters circulated forged notices demanding Securities Transaction Tax payments. The regulator clarified it does not issue STT payment notices and urged investors to verify communications through official channels.
SEBI issued an alert after fraudsters offered to manage trading accounts while promising guaranteed returns. The regulator clarified that such account handlers are unregistered and advised investors not to share login credentials.
IBBI introduces standardized valuation formats, harmonised standards, and a Coordinating Valuer mechanism to improve credibility and comparability under the IBC.
GSTN has launched an online facility allowing eligible taxpayers to opt out of Rule 14A registration. Filing of pending returns and Aadhaar authentication are mandatory pre-conditions.
GST Portal revises interest computation in GSTR-3B, factoring minimum cash ledger balance and auto-populating non-editable interest. Taxpayers must self-assess and pay any additional liability.
On February 17, 2026, the Reserve Bank of India released draft Directions on Foreign Exchange Dealings of Authorised Persons for public consultation, inviting comments until March 10, 2026. The draft, issued under FEMA, 1999 and the RBI Act, aims to refine and modernise the regulatory framework governing Authorised Dealers (AD Category-I banks and AD Category-III […]
The RBI has issued draft Directions requiring AD Category-I banks to report offshore INR foreign exchange derivative contracts undertaken by related parties. The move aims to plug transparency gaps in the OTC derivative market and improve pricing efficiency.
