CIBIL Score Loan Rejection: Finance Ministry Clarifies Rules   Executive Summary The Finance Ministry clarified that CIBIL Score Loan Rejection cannot be applied to first-time borrowers. RBI rules allow banks to evaluate applicants on multiple factors, not just credit scores. Four CICs operate in India: CIBIL, Equifax, Experian, CRIF High Mark. First-time borrowers are protected from CIBIL Score Loan Rejection under RBI directives. NFIR will soon centralize financial data, but CIBIL continues as India’s leading […]

Indian Mutual Fund Industry Growth: SEBI Chief Sees Vast Headroom Executive Summary / Key Highlights SEBI Chairman Tuhin Kanta Pandey sees vast headroom for Indian Mutual Fund Industry Growth, calling it a driver of domestic savings and productive investments. Mutual fund investors have grown from 1 crore in 2015 to 5.6 crore in 2025. SIPs are central to Indian Mutual Fund Industry Growth, fostering discipline among households. Emphasis on data privacy, vendor accountability, and fraud […]

India Online Gaming Ban – A High-Stakes Legislative Gamble or a Missed Chance for Regulation Executive Summary The India Online Gaming Ban seeks to prohibit online money-based gaming. Impacts MSMEs, startups, fintechs, ad agencies, and payment institutions. Regulation with age-gating, AML compliance, and heavy taxation could be more effective than prohibition. Creates a uniform law across India, replacing state-level patchwork. Could affect FDI, jobs, and gaming startups in India. Definition & Scope The India Online […]

SEBI proposals for investment advisers and analysts – New rules Executive Summary / Key Highlights – SEBI Proposals for Investment Advisers and Analysts SEBI Consultation Paper proposes dropping subject restrictions for investment advisers (IAs) and research analysts (RAs). Any graduate from any discipline (engineering, law, science, commerce, etc.) can apply after clearing the relevant NISM exams. Overhaul of compliance, registration, and data disclosure norms to reduce red tape. Past performance data sharing allowed on request, […]

ITR-5 Income Tax Filing AY 2025-26: Eligibility & Process * Executive Summary / Key Highlights – ITR-5 Income Tax Filing AY 2025-26 ITR-5 Excel Form Live: The Income Tax Department has activated the ITR-5 Excel utility for AY 2025-26. Applicable Entities: Firms, LLPs, AOPs, BOIs, artificial juridical persons, local authorities, and certain trusts. Exclusions: Entities eligible to file ITR-7 (charitable/religious trusts) should not use ITR-5. Regulatory Basis: Governed under Section 139 of the Income Tax […]