Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Tax exemption for specified legal-services authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and...
RBI has withdrawn the short-term investment, security-wise and concentration limits for Foreign Portfolio Investors investing in Government securities under the General Route, and merged the 'general' and 'long-term' investment sub-categories into a single limit for Central Government Securities and State Government Securities. The FY 2026-27 investment limits have been revised accordingly. It has also expanded the Fully Accessible Route by designating new issuances of 15-year, 30-year and 40-year Government Securities and Sovereign Green Bonds as specified securities, and by adding certain existing securities to that category. The directions take immediate effect and the updated Master Direction reflects the corresponding amendments.
RBI has withdrawn the short-term investment, security-wise and concentration limits for Foreign Portfolio Investors investing in Government securities under the General Route, and merged the 'general' and 'long-term' investment sub-categories into a single limit for Central Government Securities and State Government Securities. The FY 2026-27 investment limits have been revised accordingly. It has also expanded the Fully Accessible Route by designating new issuances of 15-year, 30-year and 40-year Government Securities and Sovereign Green Bonds as specified securities, and by adding certain existing securities to that category. The directions take immediate effect and the updated Master Direction reflects the corresponding amendments.
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