Insurance premium payment rules permit specified payment methods and conditional risk assumption while requiring contractual terms and credit-risk controls.
IIOs may receive insurance premium through recognised banking and electronic instruments, bank guarantees, cash deposits, or other specified methods. Risk may be assumed, continued or terminated where premium is received, guaranteed, supported by an advance deposit, or governed by contractual or specified terms. Insurance contracts must state premium schedules, grace periods, consequences of non-payment, revival conditions, risk commencement and termination, and any premium payment warranty clause. Premium refunds must be paid directly to insured persons, while IIOs must maintain Board-approved credit-risk mitigation policies.

Insurance recordkeeping requires IIOs and IIIOs to preserve accessible data, support inspections, and meet information-production duties.
IIOs must adopt Board-approved record-maintenance policies covering electronic processing, data privacy and security, cybersecurity, systems security, backups, disaster recovery, business continuity, archival, and Risk Management Committee oversight. They must retain policy, claims and reinsurance records in secure electronically retrievable form at Indian data centres, review the policy annually, and preserve records for at least seven years or longer where applicable. Both IIOs and IIIOs must provide demanded records and information for investigation or inspection.

IFSC insurance investment governance requires asset-liability matching, investment-grade eligibility, concentration controls, risk monitoring, and ongoing reporting.
Every IIO must maintain a Board-approved investment policy, value assets and liabilities, preserve solvency, and hold investment assets at least equal to liabilities while matching their nature, duration, currency and uncertainty. Investment assets must generally satisfy investment-grade asset and sovereign-rating criteria, comply with asset-class and concentration limits, remain free from encumbrances, and be subject to independent due diligence, risk monitoring, internal controls, audits and prescribed reporting. Exceeding exposure limits or a downgrade below investment grade requires additional capital as specified.

Insurance product governance requires board-approved oversight, actuarial pricing, target-market testing, unique identification, and policyholder safeguards.
IIOs must operate a board-approved Product Oversight and Governance Policy for insurance product design, approval, monitoring, review, distribution and corrective action. Products must suit the target market, have actuarially certified rates, terms and conditions, undergo appropriate testing, and be supported by records and conflict-management measures. Direct-insurance policy wording must be submitted before marketing, and products may be suspended, modified or withdrawn if non-compliant or detrimental to prospects or policyholders. Every product requires a Unique Identification Number, while policy servicing must provide cancellation, grievance-management and electronic insurance policy safeguards.

GST rules amendment expands Aadhaar authentication, input tax credit reversal, and outward supply mismatch controls for registration and returns.
Amends the Andhra Pradesh Goods and Services Tax Rules, 2017 to revise registration procedures, Aadhaar authentication, credit reversal, outward supply mismatch intimation, refund documentation, appeal filing and withdrawal, and e-commerce reporting requirements. The changes introduce biometric-based Aadhaar authentication and document verification for specified registration applicants, extend physical verification provisions, and update cancellation forms. They also add mechanisms for reversal and re-availment of input tax credit, recovery of differential tax liabilities, revised invoice particulars for certain taxable services, expanded refund requirements for unregistered persons, and substantial restructuring of FORM GSTR-1 and related forms and tables.

Exemption scope clarified for renting of residential dwelling by proprietors; separate entry removed with retrospective effect.
The amendment inserts an explanation clarifying that the exemption for renting of residential dwelling applies where the registered person is a proprietor who rents the dwelling in his personal capacity for use as his own residence, and where the renting is on his own account and not that of the proprietorship concern. The amendment also omits entry 23A and provides that these changes are deemed to have come into force from the first day of January, 2023.

Amendment to GST notification: reclassification of certain essential oils expands scope to registered and unregistered persons.
Amendment substitutes Table entry 3A to list specified HS tariff codes and to enumerate essential oils other than citrus-peppermint and certain other mints-and stipulates applicability to any unregistered person and any registered person; the notification is deemed effective from January 1, 2023 and is made under the powers of sub section (3) of section 9 of the Haryana GST Act.

GST schedule amendment reclassifies animal and poultry feeds and adds pulse husk entries, altering taxable classification under SGST.
The notification substitutes the Schedule entry at serial number 102 to specify aquatic, poultry and cattle feeds and related items including grass, hay, supplements, wheat bran and de oiled cake (other than rice bran), and inserts a new serial 102C covering husk of pulses including Chilka and concentrates such as chuni/churi and Khanda, thereby amending tariff classifications under the SGST schedule and declaring the amendment operative from the notification's commencement date.

GST rate amendment: specified goods reclassified and schedule entries revised, changing tax treatment effective from start of year.
Amendment substitutes specified product descriptions in Haryana GST schedules to clarify treatment of ethyl alcohol supplied for blending with motor spirit, other denatured spirits, certain cereal and legume residues and concentrates, fruit pulp or fruit juice based drinks (distinguished from carbonated fruit beverages), and school stationery items; these substituted entries alter classification-based GST incidence across the applicable schedules and are declared effective retrospectively from the start of the year.

Senior management definition added to ICDR regulations, expanding disclosure obligations to key managerial personnel and senior management.
The amendment adds a defined concept of senior management to the ICDR Regulations-covering core management team members one level below top executives, functional heads, Company Secretary and CFO-and revises the Companies Act-based definition of key managerial personnel. It inserts "senior management" alongside "key managerial personnel" across regulation 2, regulation 163, and multiple items in Schedule VI (Parts A, B, B-1) and Schedule VIII, thereby broadening disclosure, management and organisational-structure references in offer-document and issuer reporting requirements.

GST rules amendment redefines Authority functions, substitutes duty language, and omits multiple procedural rules with retrospective effect.
The Fourth Amendment Rules, 2022 (effective 1 December 2022) omit rule 122, rules 124 and 125, rule 134 and rule 137; amend rule 127 by replacing the marginal heading "Duties" with "Functions" and substituting the duty phrasing with language that the Authority "shall discharge the following functions"; and substitute clause (a) in the Explanation after rule 137 to define "Authority" as the Authority notified under subsection (2) of section 171 of the Act.

Protected banking systems require written, role-based access authorisation for employees, vendors, consultants, regulators, auditors, and other stakeholders.
Axis Bank computer resources supporting core banking and specified payment, switching and interbank messaging systems, along with associated dependencies, are declared protected systems under section 70 of the Information Technology Act, 2000. Access is limited to written-authorised designated employees, need-based authorised managed service provider and third-party vendor personnel, and case-specific authorised consultants, regulators, Government officials, auditors and stakeholders.

Protected banking systems: access is limited to bank-authorised employees, vendors, and case-specific consultants, regulators, officials, auditors, and stakeholders.
Canara Bank's critical banking computer resources and associated dependencies are protected systems under section 70 of the Information Technology Act, 2000. Access is confined to bank employees with written authorisation, authorised contractual managed-service-provider or third-party-vendor team members requiring need-based access, and consultants, regulators, Government officials, auditors and stakeholders with case-specific written authorisation. Protected-system status takes effect upon publication in the Official Gazette.

Protected systems designation restricts access to authorised bank employees, vendors, and approved external stakeholders for critical banking infrastructure.
Kotak Mahindra Bank's critical computer resources, including core banking, payment, transfer, switching and interbank financial messaging systems, together with associated dependencies, are declared Protected Systems under section 70 of the Information Technology Act, 2000. Access is authorised only for writtenly authorised bank employees, need-based managed-service and vendor personnel, and case-specific consultants, regulators, Government officials, auditors and stakeholders. The designation takes effect upon publication in the Official Gazette.

Protected-system designation restricts access to critical email infrastructure only through written, need-based or case-specific authorisation.
Computer resources comprising the National Informatics Centre's email infrastructure, its Critical Information Infrastructure and associated dependencies are classified as protected systems under section 70 of the Information Technology Act, 2000. Access requires written authorisation for designated employees, need-based contractual service-provider or vendor personnel, and case-by-case authorised consultants, regulators, Government officials, auditors and stakeholders. The designation takes effect upon publication in the Official Gazette.

Customs valuation assistance: designated checks and declaration requirements for goods suspected of undervaluation under automated procedures.
The Rules create a process for identifying imported goods suspected of undervaluation through written references and internal review, using a Screening Committee for preliminary scrutiny and an Evaluation Committee for detailed data-driven examination. Where undervaluation is likely, the Evaluation Committee's report shall specify identified goods with 8-digit HS codes, brands, a precautionary unit value, the Unique Quantity Code, technical specifications to be declared, additional importer obligations and checks, and an initial one-to-two year validity; the Board may then issue an Order implemented via the Customs Automated System and subject to periodic review and specified exceptions.

Assignment of tax functions: Superintendent of State Tax designated to exercise specified GST investigatory and procedural powers from January.
The Superintendent of State Tax is assigned specific administrative and procedural GST functions under the Assam Goods and Services Tax Act and Rules, modifying a prior order and subject to prescribed limitations; the assignment includes investigatory and procedural powers under the identified Act provision and Rule sub rules and is effective from the first day of January.

Exemption for residential renting to proprietor clarified; conditions and scope defined and a related entry omitted effective retroactively.
The notification inserts an explanation limiting the residential dwelling rental exemption to situations where a registered person, being the proprietor of a proprietorship concern, rents the dwelling in his personal capacity for use as his own residence and the renting is on his own account and not that of the proprietorship concern; additionally, S. No. 23A and related entries are omitted, with the amendments made effective from the stated date.

GST amendment substitutes essential oils tariff entries, adjusting applicability to registered and unregistered persons under state notification.
The State GST notification substitutes table entry 3A to revise tariff classifications and to list specified essential oils other than citrus, naming peppermint and certain other mints; the substitution applies to both unregistered and registered persons and is declared effective from the first day of January, 2023.

GST schedule amendment revises feed and pulse husk classifications, altering entries and adding a new tariff heading.
Amendment revises Schedule entries: substituting S. No. 102 to list aquatic feed (including shrimp and prawn feed), poultry feed, cattle feed and related items (grass, hay, straw, supplements, additives, wheat bran and de-oiled cake [other than rice bran]); and inserting S. No. 102C to classify under tariff headings 2302 and 2309: Husk of pulses including Chilka, Concentrates including chuni or churi, Khanda. The amendment is effective from 1 January 2023.