The India–Oman Comprehensive Economic Partnership Agreement became operational on 1 June 2026 after completion of required procedures. The agreement provides extensive market access across goods, services, investment, and professional mobility.
The Registrar of Companies penalized the company and its authorized signatory after an incorrect document was attached with Form AOC-4. The order held that filing defective statutory records constitutes a contravention despite subsequent rectification requests.
RBI has clarified reporting requirements, valuation methods, submission procedures, and entity obligations under the Portfolio Investment Positions survey. The FAQs aim to improve the quality and consistency of cross-border investment data reporting.
DGFT has expanded the exemption from Quality Control Orders for imports by SEZ Units and Developers. The amendment aligns the Foreign Trade Policy with the SEZ Act and clarifies compliance obligations for DTA clearances.
DGFT has introduced six new Standard Input Output Norms under the Chemical and Allied Product Group. The notification allows Regional Authorities to grant Advance Authorisations directly, reducing delays and eliminating case-by-case referrals.
The Central Government has specified infrastructure sub-sectors from the Updated Harmonised Master List as eligible businesses under Schedule V of the Income-tax Act, 2025. The notification expands the scope of recognized infrastructure activities for tax purposes.
The CCPA held that failure to disclose that many successful candidates attended only a free Interview Guidance Programme amounted to misleading advertising. The key takeaway is that coaching institutes must clearly disclose the nature of courses attended by successful students.
The Ministry of Finance has introduced a unified portal to help individuals search for unclaimed bank deposits, insurance claims, shares, and mutual funds. The key takeaway is that citizens can now access multiple search facilities through a single platform.
The Competition Commission of India has proposed amendments to address administrative and procedural issues identified during implementation of the commitment framework. The changes seek to improve certainty, transparency, and efficiency in commitment proceedings.
The Indian Oil Card allows users to earn reward points, surcharge waivers, and other benefits on regular fuel spending. The key takeaway is that routine fuel expenses can generate additional value when managed through a reward-focused credit card.
