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Director compliance relief: Corporate affairs ministry eases KYC norms, shifts from annual filing to 3-year cycle

The Corporate Affairs Ministry has relaxed compliance requirements for company directors by replacing the mandatory annual KYC filing with a simplified requirement once every three years under the Companies Act, 2013, PTI reported.The change follows a review of Rule 12A of the Companies (Appointment & Qualification of Directors) Rules, 2014, based on recommendations of the…

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January 2026 registrations: NEET UG, WBJEE, KCET and other key entrance exams opening this month

January 2026 registrations open for NEET UG, WBJEE, KCET and other major entrance exams January 2026 is set to be a busy month for students preparing for undergraduate and postgraduate admissions across India. Several national and state-level entrance examinations are either opening registrations this month or are expected to do so based on previous schedules.If…

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Audit push: NFRA releases second audit practice toolkit; focuses on revenue risk assessment

The National Financial Reporting Authority (NFRA) on Thursday said it has rolled out its second Audit Practice Toolkit to support small and medium audit practitioners across the country, as part of its broader effort to improve the quality of auditing practices, PTI reported.The toolkit, titled ‘Risk & Response Memorandum: ROMM (Risk of Material Misstatement) Assessment…

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BSF nabs Bangladeshi national near border; hands him over to police | India News

JAMMU: BSF apprehended a 19-year-old Bangladeshi national in forward areas near international border in Jammu district’s Gajansoo during routine border surveillance on Thursday.“After completing initial formalities, BSF handed Shariful Islam Bhuiyan, a resident of Bangladesh’s Comilla district, over to local police for further legal action. Shariful is being interrogated to ascertain the circumstances that led…

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Pension reform: PFRDA allows banks to set up pension funds for NPS; aims to boost competition

The Pension Fund Regulatory and Development Authority (PFRDA) on Thursday permitted banks to independently set up pension funds to manage the government’s flagship National Pension System (NPS), a move aimed at enhancing competition and safeguarding subscriber interests, PTI reported.The PFRDA board “has approved, in principle, a framework to permit Scheduled Commercial Banks (SCBs) to independently…

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‘Significant role in strengthening governance’: Centre launches e-bill system for fertilizer subsidies; platform to digitise workflow | India News

Union fertilizers minister J P Nadda on Thursday inaugurated an integrated e-bill system aimed at digitally processing fertilizer subsidies of about Rs 2 lakh crore. The move replaces manual, paper-based procedures with a fully digital workflow, eliminating the physical movement of bills, an official statement said.“This online system will play a significant role in strengthening…

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