Customs Advance Ruling Authority, Mumbaicustoms
MILDS Aircraft Parts Eligible for Duty Exemption
CAAR Mumbai held MILDS Block 2 aircraft components eligible for customs duty exemption with Condition No. 17 certification.
Oct 1, 2026Read more →
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Customs Advance Ruling Authority, Mumbaicustoms
Embedded Modules Classified as Parts Under CTI 8517
CAAR Mumbai classified embedded Wi-Fi, cellular, and GNSS modules under CTI 8517 79 90, permitting nil BCD under Notification 57/2017.
Oct 1, 2026Read more →
Customs Advance Ruling Authority, Mumbaicustoms
Large Kitchen Hoods Classified Under CTH 8414 80 90
CAAR Mumbai ruled kitchen exhaust hoods over 120 cm with integral fans fall under CTH 8414 80 90, not 8414 59 90, affecting duty rates.
Oct 1, 2026Read more →
Legal Guidancecorporatetax
Securities Premium Account: 5 Permitted Uses
Section 52 restricts securities premium use to bonus issue, expense write-off, issue cost, redemption premium, and buy-back.
Oct 1, 2026Read more →
Legal Analysiscorporate
Indoor Management Rule in Board Resolutions
Analysis of Turquand’s rule, Section 118, SS-1 and constructive notice in contested board resolution validity.
Oct 1, 2026Read more →
Reserve Bank of Indiabankingregulatory
RBI Updates Investment Rules for Payments Banks
Second Amendment Directions issued for Payments Banks to standardise investment valuation. Ensures consistent and transparent portfolio management.
Oct 1, 2026Read more →
Reserve Bank of Indiabankingcyber
RBI Eases ATM Cassette Swap Monitoring for Banks
The RBI has modified its 2022 ATM cassette swap guidelines, allowing bank boards to delegate monitoring responsibility. Ensures smoother implementation while maintaining security oversight.
Oct 1, 2026Read more →
Reserve Bank of Indiabankingregulatory
RBI Withdraws Obsolete Currency Management Guidelines
The Reserve Bank of India (RBI) has withdrawn outdated circulars on currency management as part of its regulatory rationalisation initiative. Banks must comply with the updated framework effective October 1, 2026.
Oct 1, 2026Read more →
Reserve Bank of Indiabankingpublic_finance
State Govt Securities Auction Results Released
RBI conducted yield-based auctions of state government securities on September 29, 2026, raising ₹3,400 crore. Assam and Bihar re-issued securities with yields between 7.87% and 7.97%.
Sep 30, 2026Read more →
N/Aintellectual_propertypharmaceutical
Criticism of IPO’s 2026 Draft Pharmaceutical Patent Guidelines
The IPO’s 2026 Draft Guidelines face strong critique for misquoting law and risking disruption to patent prosecution in pharmaceuticals; calls grow for immediate revision.
Sep 30, 2026Read more →
National Securities Depository Limited / SEBIcorporatecapital_markets
Maharashtra Oil Extractions Files ₹370 Cr DRHP for IPO
Maharashtra Oil Extractions Ltd files DRHP for ₹370 crore fresh issue; details business, financials, fund use, and key risks including litigation.
Sep 30, 2026Read more →
Securities and Exchange Board of Indiasecuritiesconsumer
SEBI Simplifies Nomination for Demat and MF Accounts
SEBI has simplified nomination norms for demat accounts and mutual fund folios, introducing default nomination, opt-out options, and reduced documentation.
Sep 30, 2026Read more →
Delhi High Courtdefamationcivil
BJP's Dubey files ₹2 crore defamation suit against ex-bureaucrat Garg
BJP MP Nishikant Dubey has filed civil and criminal defamation suits against former Finance Secretary SC Garg over allegations of 'blackmailing', seeking ₹2 crore damages in Delhi HC.
Sep 29, 2026Read more →