Search: GRAP
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September 2026
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LicencesCAQM approves revised GRAP schedule for NCR: DG set and bus curbs move to Stage I, essential-goods exemption for BS-IV goods vehicles removed
Revised GRAP: 48 actionsRule changeThe Commission for Air Quality Management approved modifications to the GRAP Schedule for the NCR at its 30th Full Commission meeting on 28 September 2026. Actions on DG sets and BS-IV and below buses move from Stage II to Stage I, Sonipat is added to the districts with LMV restrictions, and web-portal dust monitoring is extended to C&D projects beyond municipal limits.
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FEMA & RBIBanks must value unquoted InvIT and REIT units at disclosed NAV — and at ₹1 if NAV is not disclosed as SEBI requires or the units are infrequently traded
InvIT/REIT units: NAV or ₹1ClarifiedRBI has inserted paragraphs 84A and 84B in the Commercial Banks investment portfolio Directions, 2025 to bring uniformity in how banks value units of Infrastructure Investment Trusts and Real Estate Investment Trusts. Quoted units follow the rules for quoted securities; unquoted units are valued at the NAV disclosed by the trust, failing which at ₹1. In force from 22 September 2026.
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FEMA & RBIBanks can accept overseas-certified KYC documents from Foreign Portfolio Investors: RBI amends the Commercial Banks KYC Directions
KYC: certified copy for FPIsReliefRBI has amended paragraph 5(1)(v) of the Commercial Banks – Know Your Customer Directions, 2025. The option of taking an original certified copy of KYC documents — certified by an overseas bank branch, a notary abroad, a court magistrate, a judge or the Indian Embassy/Consulate — was available for NRIs and PIOs. It now also covers Foreign Portfolio Investors, with immediate effect from 18 September 2026.
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Foreign TradeExport consignments up to ₹3,00,000 no longer need an RCMC
₹3,00,000ReliefA new paragraph 2.57(c) in the Foreign Trade Policy exempts low-value export consignments from the Registration-cum-Membership Certificate requirement, with immediate effect. It is aimed at postal and courier exports.
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Trademark & IPGI applications can be filed and tracked online from 15 September 2026; IP India issues draft step-by-step filing guidelines
GI e-filing from 15 SeptNew facilityThe Office of the CGPDTM has issued Draft Guidelines for Filing a Geographical Indication (GI) Application, Version 1.0, September 2026. A new GI e-filing service, with online tracking, is available from 15 September 2026. Forms GI-1A to GI-1D are used and the fee is ₹1,000 for each class of goods.
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Foreign TradeNo RCMC needed for export consignments with FOB value up to ₹3 lakh: DGFT Notification No. 36/2026-27 amends FTP para 2.57
No RCMC up to ₹3 lakh FOBReliefDGFT has inserted sub-paragraph (c) in paragraph 2.57 of the Foreign Trade Policy 2023: the requirement of a Registration-cum-Membership Certificate or a Certificate of Registration does not apply to an export consignment whose FOB value does not exceed ₹3,00,000. The change has immediate effect from 15 September 2026.
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FEMA & RBIUrban Co-operative Banks can now hold equity shares of Indian Digital Payment Intelligence Corporation (IDPIC) to become members: RBI amends investment Directions
UCBs may hold IDPIC sharesRule changeRBI has amended its investment portfolio Directions for Urban Co-operative Banks so that they can acquire membership of the Indian Digital Payment Intelligence Corporation (IDPIC), described as the nation’s central digital payment fraud intelligence platform. Paragraphs 101(5) and 107(1) of the 2025 Directions now mention equity shares of IDPIC. The change took effect on 2 September 2026.
August 2026
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FEMA & RBIInfrastructure Debt Fund-NBFCs under Upper Layer regulation to follow the large exposure limits of NBFC-IFCs: RBI amends concentration risk Directions
IDF-NBFC: IFC exposure limitsRule changeRBI has inserted paragraph 39A in its concentration risk Directions for NBFCs. The large exposure limits that apply to Infrastructure Finance Companies (NBFC-IFC) now also apply to Infrastructure Debt Fund-NBFCs (IDF-NBFC) that are subject to Upper Layer regulations. The amendment is dated 25 August 2026 and is in force with immediate effect.
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