Suspicious Foreign Remittances
Legislation UpdatesNotifications

Income Tax Department has launched a nationwide verification exercise covering 394 entities and 36 professionals after identifying suspicious foreign remittances linked to shell entities, non-filers and alleged bogus transactions.

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AIBE XIX Enrolment Certificate Extension
Legislation UpdatesNotifications

BCI has allowed certain candidates who cleared AIBE XIX to submit their enrolment certificates within one year from the declaration of results, subject to specified conditions and documentary proof.

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Micro Small and Medium Enterprises Development (Amendment) Act
Legislation UpdatesNotifications

With mandatory TReDS settlement, time-bound dispute resolution and enhanced recovery powers, the MSMED Amendment Act, 2026 significantly strengthens protections for MSMEs.

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NTA major reforms
Hot Off The PressNews

Ministry of Education has announced sweeping reforms at the NTA, including the removal of over 50 staff members, recruitment for key leadership positions and a comprehensive review of examination security systems.

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UGC One-Year Postgraduate Programme
Legislation UpdatesNotifications

Under NEP 2020, UGC-recognised institutions offering two-year PG programmes in ODL or online mode may now extend one-year postgraduate options to eligible Honours graduates.

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NTA UGC-NET Re-Conduct
Legislation UpdatesNotifications

NTA has announced the re-conduct of the UGC-NET June 2026 papers for English, Commerce and Sociology on 9 and 10 September after a committee identified multiple errors and repeated questions in the papers; no additional examination fee will be charged to affected candidates.

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US Executive Order on Birth Tourism
Foreign LegislationLegislation Updates

US has issued an executive order directing federal agencies to curb birth tourism, defining it as entry into the country on a non-immigrant visa for the purpose of giving birth on American soil and obtaining immigration-related benefits.

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BCI Closes Proceedings Against NALSAR Graduates
Legislation UpdatesNotifications

Hours after directing State Bar Councils not to enrol NALSAR’s 2026 graduates and subsequently modifying that direction to permit enrolment pending an inquiry, BCI ultimately closed the proceedings altogether, stating that the 2026 batch had no role in any disturbance or movement.

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Justice Yashwant Varma Inquiry Report
Legislation UpdatesNotifications

Finding all three Articles of Charge proved, the Inquiry Committee observed that Justice Yashwant Varma failed to satisfactorily explain the presence of substantial currency notes, withdrew from the proceedings at the stage of defence evidence, and failed to exhibit the candour, transparency and institutional responsibility expected of a Judge.

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Kerala (Altearation of Name) Bill 2026
Legislation UpdatesStatutes/Bills/Ordinances

Passed by the Lok Sabha, the Kerala (Alteration of Name) Bill, 2026 seeks to formally adopt ‘Keralam’ as the State’s official name and provide for consequential amendments to the Constitution and existing laws.

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Tribunals Reforms Bill
Legislation UpdatesStatutes/Bills/Ordinances

The Tribunals Reforms Bill, 2026 seeks to replace the Tribunals Reforms Act, 2021 by establishing a National Tribunals Commission and introducing a common framework for appointments, tenure and service conditions across major tribunals.

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RBI Repo Rate Unchanged at 5.25%
Legislation UpdatesNotifications

Amid inflation concerns linked to food and fuel prices, the RBI opted to keep the repo rate at 5.25%, signalling a cautious approach despite steady domestic growth.

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No Charges for UPI Users
Legislation UpdatesNotifications

Government has clarified that UPI will remain free for consumers and person-to-person transactions, while any future Merchant Discount Rate (MDR), if introduced, will be limited, threshold-based and applicable only to certain merchant transactions.

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RBI Repeals 628 Supervisory Circulars
Legislation UpdatesNotifications

RBI’s move seeks to simplify regulatory compliance and supervision by consolidating operative instructions and eliminating obsolete supervisory guidance.

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Taxation and Other Laws (Amendment) Bill 2026
Legislation UpdatesStatutes/Bills/Ordinances

Taxation and Other Laws (Amendment) Bill, 2026 seeks to replace the Income-tax (Amendment) Ordinance, 2026 and proposes amendments to the Income-tax Act, 2025, the Finance Act, 2026 and the Payment and Settlement Systems Act, 2007.

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FSSAI Identical Flavours in Alcoholic Beverages
Legislation UpdatesNotifications

FSSAI has clarified that it does not prohibit permissible flavouring substances in alcoholic beverages, but objects to the practice of adding “rum flavour” to rum or “whisky flavour” to whisky, where such characteristics are expected to arise naturally from the manufacturing process.

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Legislation Roundup July 2026
Legal RoundUpLegislation Roundup

July 2026 saw a wide range of legislative and regulatory activity, including examination integrity reforms, judicial and governance measures, social security changes, business compliance updates, and notable initiatives by Bar Council of India impacting legal education, professional conduct and the regulation of the legal profession.

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Bankers' Books Evidence Bill
Legislation UpdatesStatutes/Bills/Ordinances

Lok Sabha has passed the Bankers’ Books Evidence Bill, 2026, replacing the colonial-era law and providing a modern framework for admissibility of electronic and digital banking records in legal proceedings.

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Khelo India Scheme
Cabinet DecisionsLegislation Updates

Government has approved a revamped Khelo India Scheme and enhanced Assistance to National Sports Federations (ANSFs) with a combined outlay of ₹36,441 crore for 2026-27 to 2030-31, aiming to strengthen India’s sports ecosystem from grassroots talent identification to Olympic preparation.

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ESI Coverage for Educational and Medical Institutions
Legislation UpdatesNotifications

ESIC has clarified that eligible educational and medical institutions in Maharashtra fall within the ESI framework under the Social Security Code, 2020.

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