What happened with Parliament Passes Mines and Minerals Bill to Cap State Taxes?

Parliament passes the Mines and Minerals Amendment Bill, capping state tax levies on minerals to standardize industrial costs. Parliament has officially passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2026, capping the statutory authority of state governments to levy additional cesses, surcharges, o

What happened with SEBI Relaxes KYC Rules for Non-Resident & Foreign Investors?

SEBI relaxes KYC compliance norms for non-resident Indians and foreign nationals to streamline capital inflows into Indian markets. The Securities and Exchange Board of India (SEBI) issued a circular introducing significant relaxations in Know Your Client (KYC) documentation processes for individual Persons Resident Outside India

15 August 2026 Current Affairs

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2 articles · Curated for UPSC, SSC, Bank & Railway

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Economy & Finance

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Parliament Passes Mines and Minerals Bill to Cap State Taxes

Parliament passes the Mines and Minerals Amendment Bill, capping state tax levies on minerals to standardize industrial costs.

UPSCSSC

#MMDR-Act#Seventh-Schedule#fiscal-federalism#mineral-royalty#Supreme-Court

Economy & Finance

⏱ 2m

SEBI Relaxes KYC Rules for Non-Resident & Foreign Investors

SEBI relaxes KYC compliance norms for non-resident Indians and foreign nationals to streamline capital inflows into Indian markets.

UPSCBankSSC

#SEBI#KYC-norms#NRI-investment#capital-markets#foreign-portfolio-investment