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15 Sep 2026 1 min read
CFSS-2026 extended: The Companies Compliance Facilitation Scheme, 2026 (CCFS-2026), which was earlier extended till 31 August 2026, has now been further extended till 15 September 2026, providing the companies with an additional window to regularise defaults and reinforce good corporate governance.
FAQs on registration of foreign companies and Indian subsidiaries: The MCA has issued FAQs clarifying the regulatory framework for the registration and compliance requirements of foreign companies with a place of business in India, as well as the Indian subsidiaries of foreign body corporates. This covers MCA filings, RBI/FEMA approvals, name reservation, document authentication requirements (notarisation, apostille, and consularisation), and ongoing compliances.
SEBI simplifies FPI onboarding: SEBI has permitted the acceptance of digitally signed Powers of Attorney from foreign portfolio investors (FPIs), eliminating notarisation, apostillisation and consularisation requirements, thereby reducing onboarding timelines and enhancing the ease of doing business.
Cyber incident reporting portal aligned with global standards: SEBI has aligned its cyber incident reporting portal with Format for Incident Reporting Exchange (FIRE) framework, in order to protect the interests of investors in securities and to promote the development of and to regulate the securities market.
The tax and regulatory environment continues to evolve rapidly, with significant developments on both federal and state fronts.
Ind AS 117, Insurance Contracts, introduces a comprehensive principles-based framework for the recognition, measurement, presentation and disclosure of insurance contracts, establishing a globally consistent approach to accounting for insurance liabilities.
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