Sansa Law Desk

The Reserve Bank of India has cancelled the Certificates of Registration of 35 Non-Banking Financial Companies for non-compliance with regulatory requirements, effective from January 2026. The affected entities are no longer permitted to carry on the business of a non-banking financial institution. This enforcement action is part of the RBI's ongoing effort to rationalise the NBFC sector, remove non-functional or non-compliant entities from the register, and ensure that only

The Finance Bill, 2026, introduced alongside the Union Budget, contains several targeted amendments to the Goods and Services Tax laws that will take effect from April 1, 2026. Three changes stand out for their practical significance: the removal of the pre-existing agreement requirement for post-sale discounts under Sections 15 and 34 of the CGST Act, the elimination of the minimum threshold for export refund claims, and the deletion of the special place-of-supply rule for i

The Supreme Court of India has directed the Union government to frame a no-fault compensation policy for individuals who suffer serious adverse events following COVID-19 vaccination. The ruling, in Rachna Gangu v. Union of India, marks a significant development in Indian public health law and addresses a gap that had left vaccine-injured individuals without a defined legal remedy. The absence of a statutory compensation framework had forced those who suffered adverse events t