CBIC issues Instruction No. 02/2026 directing strict compliance with court rulings on duty drawback claims for export of unlocked mobile handsets by merchant exporters.
Government approves RELIEF scheme under Export Promotion Mission to support exporters hit by West Asia logistics disruptions, offering risk coverage, cost relief and MSME support amid rising freight and insurance costs.
Finance Ministry updates FEMA enforcement thresholds via notification dated March 18, 2026, revising case value limits to Rs 2-10 crore for improved classification, consistency, and regulatory clarity in foreign exchange violations.
Government and Reserve Bank of India tighten rules against fraudulent loan apps with DLA directory, cybercrime portal, and stricter enforcement to protect digital lending users.
DFS mandates banks and insurers to adopt Indian Sign Language (ISL) and AI tools for better accessibility, ensuring inclusive financial services for persons with disabilities across India.
Government notifies Securities Contracts (Regulation) Amendment Rules 2026, revising minimum public shareholding and IPO offer requirements for companies based on post-issue capital.
The Ministry of Finance has reconstituted the Advisory Board under the Prevention of Illicit Traffic in Narcotic Drugs and Psychotropic Substances Act, 1988, appointing Justice Anup Jairam Bhambhani as Chairman.
The government has introduced several measures to boost credit flow to the agriculture sector, including raising collateral-free farm loan limits to Rs 2 lakh, expanding Kisan Credit Card coverage and launching PM Dhan Dhaanya Krishi Yojana.
Finance Ministry warns prolonged West Asia conflict may widen India's current account deficit, weaken the rupee and raise inflation due to rising oil and LNG prices.
Himachal Pradesh warns of rising fiscal pressure after the Centre discontinues the Revenue Deficit Grant, with CM Sukhvinder Singh Sukhu urging FM Sitharaman to revise the Finance Commission formula and provide special financial support
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English