Quick Summary
The Central Government has brought into force select provisions of the Jan Vishwas (Amendment of Provisions) Act, 2026, impacting several major financial sector laws, including those governing the Reserve Bank of India (RBI), Life Insurance Corporation (LIC), general insurance companies, and pension
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Broadcasts
- Daily E-Newsletter
- Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits
Already a PRO member? Login here for an ad-free experience.
FAQ :
The amendments come into force from 23rd June 2026.
The affected laws include the Reserve Bank of India Act, 1934, the Life Insurance Corporation Act, 1956, the General Insurance Business (Nationalisation) Act, 1972, and the Pension Fund Regulatory and Development Authority Act, 2013.
The Jan Vishwas Act aims to improve the ease of doing business by decriminalising and rationalising compliance requirements across various laws.
The Ministry of Finance issued the notifications.
The government appoints specific dates under Section 1(2) of the Act to control the enforcement of various provisions.
CAclubindia
