Notification No. 24/2026-Customs exempts eligible animals imported under the India-UK trade agreement from customs duty and IGST, subject to re-export and prescribed conditions.
Notification No. 14/2026-Customs (ADD) mandates provisional assessment of Glufosinate imports from China during an anti-absorption review while existing anti-dumping duty continues.
The article explains how IMS makes accepted invoice records the basis for ITC eligibility, strengthening compliance, fraud detection, and GST return verification.
Importers and Customs Brokers must submit complete TP Bond applications with supporting documents, failing which processing may be delayed until deficiencies are rectified.
Exercising powers under Section 119(2)(b), CBDT has condoned delays in Form 10AB filing for eligible cases. The Circular does not grant automatic approval under Section 80G.
SEBI proposes amendments to the Municipal Debt Securities Regulations to encourage retail participation through investor incentives, enhanced disclosures, and a modernised issuance framework.
SEBI proposes recognising intraday borrowing as a cash management tool by permitting broader borrowing purposes with board-approved controls and regulatory safeguards.
The proposed amendments require comprehensive project-wise disclosures, technical assessments, and mandatory information in resolution plans to enable informed decisions by creditors and resolution applicants.
This guide consolidates the latest TDS rates applicable to residents, non-residents, companies, and firms under the Income-tax Act. It also explains threshold limits, special conditions, and compliance requirements for various payments.
SEBI proposes replacing varying investor approval thresholds with a uniform 75% consent requirement by value wherever applicable. The move is intended to simplify compliance while strengthening minority investor protection.
