Community & General News


Finance Ministry Notifies Directorate of Naval Intelligence Under PMLA Information-Sharing Provisions

 06 June 2026 at 09:23

The Finance Ministry has amended the PMLA information-sharing notification to include the Directorate of Naval Intelligence among agencies eligible to receive information under Section 66 of the Prevention of Money Laundering Act, 2002.

Posted in Community & General |   1 comments |   273 Views


RBI Denies Reports of Gold Sale, Confirms Gold Reserves Unchanged at 880.52 Tonnes

 04 June 2026 at 09:30

RBI has clarified that reports suggesting the sale of its gold reserves are incorrect. The central bank confirmed that its physical gold stock remains unchanged at 880.52 tonnes and urged the public to rely on official information.

Posted in Community & General |   1 comments |   483 Views


India Engages with US Over Proposed Section 301 Tariffs

 04 June 2026 at 09:24

The USTR has proposed additional tariffs on imports from India and 59 other economies under Section 301 proceedings. India remains engaged with the US while also working toward finalizing a bilateral trade framework agreement.

Posted in Community & General |   1 comments |   210 Views


Ministry of Finance Introduces Common Landing Portal for Unclaimed Financial Assets

 30 May 2026 at 09:18

The Department of Financial Services has launched a Common Landing Portal for Unclaimed Financial Assets, providing a single platform for citizens to search unclaimed bank deposits, insurance claims, shares, dividends, and mutual funds.

Posted in Community & General |   1 comments |   1590 Views


Finance Ministry Permits Selected Financial Firms to Perform Aadhaar Authentication Under PMLA

 28 May 2026 at 09:28

Finance Ministry permits Groww Mutual Fund, ICICI Securities, Upstox and three other entities to perform Aadhaar authentication under the Prevention of Money-laundering Act, 2002.

Posted in Community & General |   1 comments |   3336 Views


Finance Ministry Revises March 2026 Notification Under Actuaries Act, 2006

 28 May 2026 at 09:21

The Ministry of Finance has issued a fresh notification appointing Ms. Varsha Chandra Sinha as Presiding Officer under the Actuaries Act, 2006. The amendment replaces the earlier entry notified in March 2026.

Posted in Community & General |   1 comments |   213 Views


FM Sitharaman Reviews GIFT City Progress at High-Level Meeting

 23 May 2026 at 09:29

Finance Minister Nirmala Sitharaman reviews progress of GIFT City, highlighting its role as India’s global financial hub with over 1,150 entities and USD 110 billion banking assets.

Posted in Community & General |   1 comments |   393 Views


Ministry of Finance Amends HSNS Cess Rules 2026: Rule 35 Sees Major Procedural Changes

 22 May 2026 at 09:34

The Ministry of Finance has notified the Health Security & National Security Cess (Second Amendment) Rules, 2026, introducing key changes to Rule 35, including omission of sub-rule (3) and revised accounting approvals.

Posted in Community & General |   1 comments |   2487 Views


Centre Dismisses Claims of Temple Gold Monetisation Scheme Across India

 20 May 2026 at 09:19

The Government of India has denied reports claiming temple gold will be monetised or used for strategic reserves. Officials called the rumours false and misleading.

Posted in Community & General |   1 comments |   1863 Views


RBI Issues FEMA (Authorised Persons) Regulations, 2026 to Streamline Forex Authorisation Framework

 08 May 2026 at 09:32

RBI issues Foreign Exchange Management (Authorised Persons) Regulations, 2026 to simplify forex authorisation, expand the principal-agent model and strengthen India's foreign exchange regulatory framework under FEMA.

Posted in Community & General |   255 Views



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