Special-purpose vehicle leasing and financing gains formal recognition, with tailored capital requirements and specified regulatory exemptions.
Special Purpose Vehicles incorporated or administered by authorised Trust and Company Service Providers may undertake leasing or financing activities where permitted by the Authority. Such SPVs must maintain minimum owned funds or paid-up share capital equivalent to the amount prescribed under the Companies Act, 2013, or another amount specified by the Authority. Leasing or financing activity by an SPV is exempted from regulations 4 and 8 of the Finance Company framework.

Trust and company service provider registration governs leasing-related services through eligibility, governance, records, compliance officers, reporting, and enforcement.
TCSP services for permitted leasing activities require separate registration before operations commence in an IFSC. Applicants must maintain an arm's length relationship between TCSP and other services, satisfy legal-form and FATF jurisdictional conditions, and operate within the permitted service scope. TCSPs must maintain fit and proper standards, governance, internal audit or review arrangements, client records, segregation of duties, and dedicated resources. They must appoint qualified IFSC-based officers, comply with service-recipient eligibility, reporting, professional indemnity insurance, and conflict-management requirements.

Commencement of municipal law amendments takes effect for specified provisions under the Jan Vishwas Amendment framework.
The Central Government appoints 15 May 2026 as the date on which the provisions of the Jan Vishwas (Amendment of Provisions) Act, 2026, relating to serial number 26 and the corresponding Schedule entries concerning the Delhi Municipal Corporation Act, 1957, shall come into force. The notification is issued under section 1(2) of the 2026 Amendment Act and is confined to commencement of the specified provisions.

Commencement notification brings specified amendments relating to the New Delhi Municipal Council Act into force from 15 May 2026.
The Central Government appointed 15 May 2026 as the date on which the provisions of the Jan Vishwas (Amendment of Provisions) Act, 2026, relating to serial number 53 and the corresponding entries in the Schedule concerning the New Delhi Municipal Council Act, 1994, would come into force. The notification was issued under sub-section (2) of section 1 of the 2026 Amendment Act as a commencement notification for the specified scheduled amendment.

Commencement of Delhi Police Act provisions under the Jan Vishwas amendment takes effect from 15 May 2026.
Jan Vishwas (Amendment of Provisions) Act, 2026 provisions relating to the Delhi Police Act, 1978 are brought into force by notification under the commencement power in section 1(2) of the Act. The Central Government appoints 15 May 2026 as the date on which serial number 41 and the corresponding Schedule entries, insofar as they relate to the Delhi Police Act, 1978, come into operation.

Commencement of amendments under the Jan Vishwas framework brings Civil Defence Act-linked provisions into force on the appointed date.
The Central Government appoints 15 May 2026 as the date on which the provisions of the Jan Vishwas (Amendment of Provisions) Act, 2026 shall come into force insofar as they relate to serial number 34 and the corresponding Schedule entries concerning the Civil Defence Act, 1968. The notification fixes the operative commencement date for the identified schedule-based amendment.

Disaster management amendments come into force on 15 May 2026 under the Jan Vishwas framework.
The Central Government appoints 15 May 2026 as the date on which the provisions of the Jan Vishwas (Amendment of Provisions) Act, 2026, relating to serial number 60 and the corresponding Schedule entries concerning the Disaster Management Act, 2005, come into force.

Commencement notification brings specified amendments relating to private security agencies into force from 15 May 2026.
Brings into force specified provisions of the Jan Vishwas (Amendment of Provisions) Act, 2026 in relation to the Private Security Agencies (Regulation) Act, 2005. The Central Government appoints 15 May 2026 as the date from which the provisions corresponding to serial number 59 and the related entries in the Schedule shall take effect.

Commencement of amendment provisions for the Delhi Land Holdings Ceiling Act set to take effect from the notified date.
The Central Government appointed 15 May 2026 as the date on which the relevant provisions of the Jan Vishwas (Amendment of Provisions) Act, 2026, relating to serial number 28 and the corresponding Schedule entries concerning the Delhi Land Holdings (Ceiling) Act, 1960, would come into force.

Legal Metrology Act commencement notified under the Jan Vishwas Amendment Act, activating the specified schedule entry.
The Central Government has appointed 1 May 2026 as the commencement date for the provisions of the Jan Vishwas (Amendment of Provisions) Act, 2026 relating to serial number 66 and the corresponding Schedule entries concerning the Legal Metrology Act, 2009. The notification is issued under sub-section (2) of section 1 of the 2026 Amendment Act and brings the specified amendment into force.

Society registration cancellation power now includes notice, appeal, and finality safeguards under the Delhi amendment.
Insertion of section 12D confers power on the Registrar to cancel the registration of a society by written order where the registration, name, or change of name is contrary to the Act or any other law, where the society's activities or proposed activities are subversive of its objects or opposed to public policy, or where registration or renewal was obtained by misrepresentation or fraud. Before cancellation, the society must be given a reasonable opportunity to alter its name or object or to show cause, and an appeal lies to the Commissioner whose decision is final.

Corrigendum corrects section cross-references in the Finance Act, 2026 published text without changing substance.
A corrigendum corrects multiple section references in the Finance Act, 2026 as published in the Gazette of India. It replaces erroneous citations with the corresponding corrected section numbers at specified pages and lines. The instrument is confined to rectifying cross-references and makes no substantive change to the legislative scheme.

Decriminalising language corrected in a corrigendum that also fixes typographical errors in the published Act text.
A corrigendum to the Jan Vishwas (Amendment of Provisions) Act, 2026 corrects drafting and typographical errors in the published text. It substitutes "decriminalising" for "descriminalising" in the long title and replaces "molluse" with "mollusca" and "Westem" with "Western" in specified lines. The instrument is confined to textual rectification and does not alter the substantive scheme of the Act.

Commencement notification brings the Constitution (One Hundred and Sixth Amendment) Act into force from 16 April 2026.
The Central Government appoints 16 April 2026 as the date on which the provisions of the Constitution (One Hundred and Sixth Amendment) Act, 2023 shall come into force, exercising the power conferred by sub-section (2) of section 1 of that Act. The notification is a commencement instrument and operates to bring the amendment into effect from the specified date.

Pension Fund Registration requires eligible IFSC entities, board independence, financial capacity, experienced management, and continuing compliance.
Registration, regulation and supervision of Pension Funds in the IFSC require a certificate of registration from the Authority and are directed to long-term retirement savings, subscriber protection, transparency, and pension-system integrity. Applicants must be IFSC-incorporated companies or qualifying foreign-company branches, permitted only where the Pension Fund is already regulated for comparable activities in India or another jurisdiction. They must have a board of at least four directors with at least half independent, demonstrate at least ten years' relevant institutional experience, and maintain minimum net worth of USD 1 million. At least two qualified Key Managerial Personnel and a Board-reporting Compliance Officer are required.

Startup recognition criteria revised: 10 year/200cr limits; deep tech 20 year/300cr; DPIIT portal process and investment restrictions.
DPIIT revises startup recognition: eligible legal forms; ten year/200 crore limits for Startups, extended to twenty years/300 crore for recognised Deep Tech Startups; exclusion of entities formed by split or reconstruction. Recognition via DPIIT online application with incorporation proof and business write up; additional Deep Tech documentary requirements. Board issues or revokes certification for section 80 IAC upon enquiry. Recognised startups must deploy funds to core activities and are barred from specified non core investments. Government may relax conditions; effective on Gazette publication.

Fund management eligibility and corpus rules expand professional entry routes, placement extensions, winding-up triggers, and custodian transition arrangements.
Placement memoranda may be extended where an FME does not attain the applicable minimum corpus within the prescribed period. Each extension lasts six months from expiry of the existing validity and requires an application while the placement memorandum remains valid, with escalating filing fees. Open-ended schemes may invest in unlisted securities only after attaining a minimum corpus of USD 3 million. Scheme winding-up may occur where raised funds do not achieve the minimum corpus and validity has not been extended through the required filing and fee payment.

Unified registration for multiple capital market intermediary activities enables consolidated operations while requiring separate leadership for distribution business.
IFSC capital market intermediary regulation permits unified registration for a unit undertaking multiple activities. Educational eligibility is expanded to include fintech, science, technology, engineering and mathematics, while the recognition requirement for a foreign university is removed and the specified period is reduced from ten to five. One principal officer may serve across specified intermediary activities, but distribution business must have a separate vertical head. Custodian recognition requirements are superseded, and custodians must meet revised net worth requirements, with transitional compliance for existing registrants.

Performance Review Committee composition now requires at least two independent experts from relevant fields, strengthening independent participation.
Performance Review Committee composition is amended to require at least two independent experts from relevant fields, replacing the earlier provision permitting up to two such experts. The amendment modifies the International Financial Services Centres Authority (Performance Review Committee) Regulations, 2022 and takes effect upon Official Gazette publication.

Lloyd's IFSC service company eligibility now covers qualifying Indian companies and permitted group-entity promoters for registration.
Service Companies of Lloyd's IFSC are redefined as service companies registered in India and promoted by Lloyd's Managing Agents, permitted group entities of Managing Agents or Members of Lloyd's, or Indian companies meeting applicable regulatory criteria. The revised definition applies to insurance-business registration in International Financial Services Centres and took effect upon Official Gazette publication on 8 January 2026.