RBI Operational Risk Capital Amendments 2026
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RBI has notified the Reserve Bank of India (Commercial Banks — Forthcoming Instructions) Second Amendment Directions, 2026, introducing changes to the operational risk capital framework, including revised Business Indicator mapping, treatment of operational losses and calculation of the Internal Loss Multiplier.

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Maharashtra Lifts Escalators and Moving Walks Act
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Maharashtra Government has notified 1 November 2026 as the date on which the Maharashtra Lifts, Escalators and Moving Walks Act, 2017 will come into force across the State, introducing a dedicated framework for the licensing, inspection, safety and regulation of lifts, escalators and moving walks.

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CGST Amendments Finance Act 2026
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Centre has notified 1 November 2026 as the commencement date for key GST amendments introduced through Sections 153 to 155 of the Finance Act, 2026, bringing into force revised provisions relating to post-supply discounts, credit notes and GST refunds under the CGST Act.

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MSMER 2023 denotified
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NMC has withdrawn the Maintenance of Standards of Medical Education Regulations, 2023, while preserving ADR filing requirements and existing approvals, rights, obligations and pending proceedings.

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IRDAI Recalibrating Economics Insurance Distribution
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IRDAI has released a consultation paper proposing a comprehensive restructuring of insurance distribution by simplifying distribution architecture, recalibrating commissions and expenses, strengthening consumer safeguards, curbing mis-selling and expanding digital platforms such as Bima Sugam.

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funeral expenses 20000
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ESIC has notified ₹20,000 as the amount payable towards funeral expenses to eligible family members or other eligible claimants of a deceased insured person under the Code on Social Security, 2020.

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Customs Tariff India New Zealand FTA Rules
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The Customs Tariff (Determination of Origin of Goods under the Free Trade Agreement between India and New Zealand) Rules, 2026 seek to facilitate bilateral trade while preventing misuse of tariff concessions.

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EPS wage ceiling ₹15000
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Central Government has amended the Employees’ Pension Scheme, 2026, fixing the pensionable wage ceiling at ₹15,000 per month for calculating contributions under the Scheme.

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Animal Feeds and Feed Ingredients
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The Centre has notified the Animal Feeds and Feed Ingredients (Quality Control) Order, 2026, mandating BIS certification for specified animal feed products.

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BCI AIBE-XXII syllabus
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AIBE-XXII syllabus is out, prescribing 100 questions across 19 legal subjects, with Constitutional Law, CPC and Criminal Procedure carrying the highest weightage.

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DPDP Removal of Difficulties Order
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Centre has issued a removal-of-difficulties order under the DPDP Act, 2023, clarifying consent requirements for persons with disabilities and specifying that periodic audits by Significant Data Fiduciaries are “data audits”.

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EPFO ECR Deadline
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EPFO has extended the due date for filing the Electronic Challan-cum-Return (ECR) and remittance of statutory provident fund contributions for the wage month of September 2026 from 15 October 2026 to 31 October 2026.

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Supreme court sequencing
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SCBA informs the revised arrangement of Cause List, to be published in 2 parts, ending the practice of assigning a sequence to matters at 10:30 a.m.

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Special Deposit Scheme interest rate
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Government has retained the interest rate on deposits under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds at 7.1% for the October-December 2026 quarter.

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SCBA D-Block medical facility
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The proposed facilities are expected to become operational within 15 days after the Dussehra holidays, subject to completion of arrangements.

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RBI repo rate hike October 2026
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RBI has raised the repo rate by 25 basis points to 5.50% and changed its monetary policy stance from “neutral” to “calibrated tightening” amid rising inflationary pressures and global uncertainties.

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Tamil Nadu shops open 365 days
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Tamil Nadu has extended the exemption allowing shops and establishments to remain open throughout the year for a further period of three years, subject to employee welfare, working-hour and safety safeguards.

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EPF Members Eligible for EPS
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Government has amended the Employees’ Pension Scheme, 2026, to include certain EPF members within the pension scheme where their wages fall within the newly notified wage ceiling.

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Advocates-on-Record Examination December 2026
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Supreme Court has announced the AOR Examination 2026 for eligible re-appearing candidates, with examinations scheduled at New Delhi on 19, 20, 22 and 23 December 2026 and applications open from 1 to 15 October 2026 on payment of a ₹750 examination fee.

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import duty cut on edible oils
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Government has reduced the Basic Customs Duty (BCD) on major imported crude edible oils, including sunflower, soybean and palm oil, to moderate domestic prices, provide relief to consumers and contain inflationary pressures.

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