- MSME Updates :
PhonePe & SIDBI Udyam Assist : A new digital platform now allows MSMEs to complete Udyam registration online in a few steps. It removes heavy paperwork and speeds up government recognition. This will help more small businesses access loans and subsidies quickly
New Industrial Belt in Dewas (MP) : Madhya Pradesh Industrial Development Corporation (MPIDC) is planning a 400+ hectare industrial park to attract MSMEs in auto, tyre, food processing, and renewable energy. This aims to create new jobs and diversify the state’s manufacturing base. Infrastructure development is expected to start soon.
Gujarat Agri-Business Policy :Gujarat’s new policy gives extra interest subsidies and capital support to women and tribal entrepreneurs in agri-business. It encourages investment in food processing, cold chains, and rural enterprises. The move targets rural employment and value-added farming. - RBI Updates :
Capping Service Charges by Banks:
RBI is considering putting caps or limits on debit card fees, penalties for not maintaining minimum balance, and late payment charges to ease the burden on customers, especially from lower income groups.
RBI Continuous Clearing of Funds (CTS) :
- RBI’s CTS shifts cheque processing from batches to continuous, real-time clearing.
- Phase 1 (Oct 4, 2025): Hourly settlements, instant confirmation.
- Phase 2 (Jan 3, 2026): Faster 3-hour settlement windows.
- Benefits: Quicker fund credit for customers, reduced clearance time, improved bank efficiency.
- Easier Entry for Foreign Investors :
- India to ease entry for overseas investors, reducing registration time
- Regulatory changes aimed at addressing weak foreign flows and US tariff concerns
- SEBI and RBI align documentation for low-risk overseas funds
- PhonePe gets RBI nod to operate as ‘online payment aggregator :
- PhonePe has received final authorization from the Reserve Bank of India to act as an Online Payment Aggregator (PA)
- As a PA, PhonePe can now legally onboard online merchants, facilitate and process digital payments (card, UPI, netbanking etc.) on behalf of those merchants, and integrate payment gateways.
- The move strengthens PhonePe’s merchant services arm, especially for SMEs, giving them tools for seamless digital transactions.
- MCA Update :
- SEBI ESOP & Reverse Flipping Update (In Short):
- Founders can now retain ESOPs/SARs granted ≥1 year before IPO, easing old restrictions.
- Helps reverse flipping: foreign‑incorporated startups can move to India without losing share-based benefits.
- Boosts founder incentives and makes pre-IPO planning smoother, but doesn’t allow new ESOP grants post-DRHP.
- MCA MDP Firms Update :
- MCA invites feedback to allow professionals (CA, CS, lawyers, actuaries) to form multi-disciplinary partnership (MDP) firms.
- Goal is to create large Indian firms that can compete globally with PwC, Deloitte, etc.
- Stakeholders can submit suggestions by Sept 30, 2025.
- MCA seeks proposals for review of corporate data management scheme:
The Ministry of Corporate Affairs (MCA) has invited third-party proposals to review its Corporate Data Management Scheme (CDMS), which transforms statutory filings from the MCA21 portal into a comprehensive data and analytics platform. The evaluation will assess the scheme’s effectiveness, stakeholder impact, user satisfaction, alignment with global best practices, and long-term sustainability. Bidding for this review opens on September 30, 2025, through the Government e-Marketplace (GeM) platform, with the selected agency responsible for providing recommendations to enhance the scheme’s efficiency and future viability. - Income tax updates :
- Belated Returns: If you missed the deadline, you can still file a belated return until December 31, 2025, but penalties and interest may apply