The ROC held that undertaking new activities without prior amendment of the Memorandum breaches Section 4(1)(c). Even subsequent regularisation does not erase liability for the period of non-compliance.
The Finance Bill, 2026 updates Schedule XI to remove outdated contribution and investment limits. The changes bring income-tax rules in line with the EPF regime and the ₹7.5 lakh employer contribution cap.
The Finance Bill restricts SGB exemption to bonds subscribed at original issue and held till maturity. Secondary-market buyers will no longer qualify for the tax-free redemption benefit.
The Finance Bill, 2026 proposes higher STT rates on derivatives to rein in speculative trading. Options and futures transactions executed from 1 April 2026 will attract increased tax costs.
The Finance Bill, 2026 changes the tax treatment of share buy-backs by taxing proceeds as capital gains instead of dividend income. The move simplifies taxation and better reflects the nature of buy-back transactions.
The Finance Bill, 2026 exempts interest income paid to co-operative banks from TDS. The move aligns the law with earlier provisions and eases compliance for the co-operative banking sector.
Agency banks must remain open on the public holiday to ensure all government receipts and payments are recorded within FY 2025–26.
The FAQs explain revised Baggage Rules, 2026, enhancing duty-free limits, simplifying transfer of residence, and clarifying passenger categories to reduce disputes and speed up airport clearance.
The regulator has required IFSC finance companies serving external clients to maintain a website. The move aims to enhance transparency and consumer awareness.
The notification substitutes tariff value tables under the Customs Act for key commodities. It reaffirms existing tariff values and provides clarity on valuation benchmarks effective 4 February 2026.
