GSTAT Allows Leniency in Appeal Scrutiny Until July 2026
GST Appellate Tribunal has issued an order allowing lenient scrutiny of appeal documents on the GSTAT Portal for six months, limiting objections to substantive defects only.
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GST Appellate Tribunal has issued an order allowing lenient scrutiny of appeal documents on the GSTAT Portal for six months, limiting objections to substantive defects only.
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The Repealing and Amending Act, 2025—effective from 20 December 2025—streamlines India’s legal framework by repealing 71 obsolete Acts and amending 4 major legislations. The repealed laws span from 1886 to 2023, including several parent Acts and numerous amending Acts related to arbitration, labour laws, banking, insolvency, constitutional orders, and regulatory reforms. Key amendments have also been introduced in the General Clauses Act, Code of Civil Procedure, Succession Act, and Disaster Management Act to ensure statutory clarity and coherence.
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Reserve Bank of India introduced the Foreign Exchange Management (Guarantees) Regulations, 2026, replacing the 2000 framework. These regulations govern cross-border guarantees by Indian residents under FEMA, 1999. They outline prohibitions, exemptions, conditions for acting as surety or principal debtor, and reporting requirements. The aim is to ensure compliance, transparency, and proper oversight of guarantees involving residents and non-residents.
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SEBI has introduced a new Digital Signature Certificate (DSC) feature in the Common Application Form (CAF) portal, allowing Foreign Portfolio Investors (FPIs) to complete registration and DSC application in one seamless process. This enhancement simplifies onboarding and promotes greater use of digital functionality.
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The International Financial Services Centres Authority (Global In-House Centres) Regulations, 2025 aim to position India’s IFSCs as global hubs for high-value financial services, create employment, and strengthen India’s role in the global financial value chain. These regulations outline eligibility, registration procedures, permissible services, and compliance requirements for setting up Global In-House Centres (GICs) in IFSCs.
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Discover the latest legislative updates from the Year 2025, including all updates on Notifications from the Ministries and their Departments, RBI, SEBI, Foreign Legislations, State Legislations; and more.
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Discover the latest legislative updates from December 2025, including all updates on new Foreign Legislations, State Legislations, Rules, Notifications; and more.
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The Delhi High Court has introduced the Personal Appearance of Government Officials in Court Proceedings Rules, 2025, applicable to all cases involving the government before the High Court, District Courts, and Tribunals under its supervision. The rules outline when officials must appear in person or via video conferencing, classify proceedings into evidence-based, summary, and non-adversarial categories, and emphasize respect and professionalism during hearings.
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On 24 December 2025, the India International Arbitration Centre (IIAC) notified the Transaction of Business of Committees Regulations, 2025 to streamline and formalize the internal governance of its committees. The regulations outline procedures for committee meetings, notice requirements, quorum, agenda circulation, and record-keeping.
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Artificial Intelligence (Ethics and Accountability) Bill, 2025 introduces a robust framework to ensure ethical AI use in India. It addresses challenges like algorithmic bias, misuse of surveillance, and lack of transparency by establishing an independent Ethics Committee, enforcing strict compliance standards, and prescribing penalties for violations.
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SEBI has eased geo-tagging requirements for NRIs during digital re-KYC. NRIs can now complete due diligence without being physically in India. The updated app ensures security with random action prompts, time stamping, GPS verification against proof of address, and prevention of spoofed IP connections.
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On 5-12-2025, many bills were introduced in Rajya Sabha out of which 26 were new acts that might become Acts on approval.
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Reserve Bank of India has announced seven amendment directions on Responsible Business Conduct, effective April 1, 2026. These changes aim to modernize Basic Savings Bank Deposit (BSBD) accounts, introducing free essential banking facilities, digital payment norms, and customer-friendly options to promote financial inclusion in a digital era.
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The Industrial Relations Code (Removal of Difficulties) Order, 2025 ensures smooth transition by transferring pending cases under old labour laws to corresponding tribunals under the new Code while maintaining adjudication continuity.
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Ministry of Consumer Affairs has notified the Legal Metrology (General) Sixth Amendment Rules, 2025, introducing standards for Evidential Breath Analysers. These rules define specifications, features, and compliance requirements for alcohol measurement instruments to enhance public safety and fight alcohol abuse.
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The Reserve Bank of India has repealed the guidelines on enhancing credit supply for large borrowers and issued six amendment directions to strengthen prudential norms, improve bank balance sheets, and enhance regulatory oversight.
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On 4-12-2025, the Reserve Bank of India issued 3 Repeal Directions and one Amendment Direction to harmonize and consolidate business authorization norms for co-operative banks. The move aims to enhance operational autonomy, expand credit outreach, and promote technology-driven solutions while ensuring strong regulatory safeguards.
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On 4-12-2025, the Reserve Bank of India issued 10 Amendment Directions to strengthen the credit information reporting process. The move aims to ensure more frequent, accurate, and timely submission of credit data by Credit Institutions to Credit Information Companies, thereby improving the quality and recency of reports used in credit underwriting and monitoring.
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On 4-12-2025, the Reserve Bank of India issued 7 amendment directions to improve Basic Savings Bank Deposit accounts. These changes aim to enhance customer service, promote financial inclusion, and align banking services with digitalization.
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Discover the latest legislative updates from November 2025, including all updates on new 4 Labour Codes, Foreign Legislations, State Legislations, Rules, Notifications; and more.
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