Context: Ahmedabad-based HyFarm, a vertical of the HyFun Group, has launched an innovative farm school that shifts learning from classrooms to the actual fields. The initiative, called Paathshala, combines traditional practices with modern technology to make farming more efficient, sustainable, and profitable. Key Highlights: Significance
Tax Loss Harvesting (TLH) Code
Context: The Securities and Exchange Board of India (SEBI) has introduced measures to simplify the transfer of securities from nominees to legal heirs, reducing tax and compliance burdens. Objective: Facilitate smooth transfer of securities upon the death of an investor, easing financial processes for legal heirs. What is Tax Loss Harvesting (TLH)? TLH Code by SEBI Why is TLH Code Important? Example
Paytm Launches UPI Credit Line ‘Paytm Postpaid’ with Suryoday SFB
Context: Paytm, in collaboration with Suryoday Small Finance Bank (SFB), has introduced a credit line on UPI called Paytm Postpaid. Key Highlights: Significance:
SMFG India Credit Partners with PhonePe to Offer Collateral-Free Credit
Source: ET Context: SMFG India Credit (SMICC), a Non-Banking Financial Company (NBFC), has partnered with PhonePe to provide collateral-free credit to merchants. Key Highlights: Who are Micro-Merchants?
Clearing Corporation of India Ltd (CCIL)
Source: ET Context: On September 19, 2025, RBI Governor Sanjay Malhotra invited the Clearing Corporation of India Ltd (CCIL) to build infrastructure for trading and settling currency pairs beyond USD–INR, aligning with India’s broader objective of rupee internationalisation. Background: Key Functions of CCIL: Subsidiaries:
Stablecoin
Source: BS Context: Stablecoins, pegged to the US dollar and designed to reduce crypto volatility, are seeing significant adoption in India even though they lack regulatory backing. This comes as the Reserve Bank of India (RBI) pilots its own Central Bank Digital Currency (CBDC) as a sovereign alternative. Key Highlights:
FACEs Debt Collection Norms: New Benchmark for Fintechs and NBFCs
Source: BS Context: The Fintech Association for Consumer Empowerment (FACE) has rolled out self-regulatory norms on debt collection, aligning with RBI’s digital lending guidelines. These norms aim to bring discipline, transparency, and borrower protection into the lending ecosystem. Key Highlights: Fintech Association for Consumer Empowerment (FACE) Recognition & Role
CBIC to Launch Advanced GST Invoice Management System
Source: ET Context: The Central Board of Indirect Taxes and Customs (CBIC) is developing an advanced invoice management system for GST. Objective: Stop unnecessary system-generated mismatch notices and streamline dispute resolution for taxpayers. Key Features of the New System Central Board of Indirect Taxes and Customs (CBIC)
EPFO Allows Part Payments in PF Settlements to Prevent Financial Distress
Source: BS Context: The Employees’ Provident Fund Organisation (EPFO) has directed its regional and zonal offices to process part payments in provident fund (PF) settlement claims instead of rejecting them outright in certain cases. The move is aimed at reducing financial hardship for members facing settlement delays due to employer defaults or transfer-related issues. Key Highlights: New EPFO Directive Situations Eligible for Part Payments According to EPFO’s accounting manual, part payments can be made in the following cases: Monitoring and Process Recent Digital Reforms by EPFO
Logistics Ease Across Different States (LEADS) 2025
Context: Launched by Union Commerce & Industry Minister in New Delhi during the 10-year celebrations of Make in India. Aims to benchmark and enhance the logistics ecosystem across Indian States and Union Territories (UTs). About LEADS: Assessment Criteria: Key Features of LEADS 2025:
