The new rules revise general free allowance, laptop eligibility, and jewellery limits. Passengers must now assess baggage entitlements under the updated framework effective February 2026.
While certain customs exemption notifications stand rescinded, the government has ensured no retrospective impact. The ruling draws a clear line between past compliance and future liability.
The Budget proposes Mega Textile Parks and relaxes export timelines for textile and leather exporters. The measures aim to improve scale, cash flow and global competitiveness.
The Union Budget 2026–27 launches a major biopharma initiative to boost domestic production of biologics and biosimilars, aiming to reduce imports and strengthen healthcare security.
With stable tax slabs and surcharges, the Bill focuses on ease of living through extended deadlines, electronic processes, and clearer TDS rules. The emphasis is on certainty and voluntary compliance rather than higher taxation.
The government revised excise rules to formally define how maximum machine speed is calculated for tobacco packing machines. The key takeaway is a standardized formula based on RPM, gear ratio, and cups or funnels.
The India–European Union Free Trade Agreement (FTA) is a comprehensive pact covering trade in goods, services, rules of origin, trade remedies, intellectual property, sustainable development, and institutional mechanisms. On goods, the EU commits to eliminating tariffs on nearly 97% of tariff lines covering over 99% of India’s export value, delivering early gains across sectors such […]
Proposed amendments aim to reduce timelines and simplify procedures for refunds of unclaimed shares and dividends. The changes focus on efficiency, clarity, and investor convenience.
The Registrar of Companies, Kolkata passed an adjudication order under Section 454 of the Companies Act, 2013, imposing penalties for violation of Rule 8(3) of the Companies (Registration Offices and Fees) Rules, 2014 read with Section 450 of the Act. The case arose from the filing of an e-Form MGT-7A containing incorrect particulars, where the […]
Stressing that the MCA registry is a public and relied-upon record, the authority imposed penalties for inaccurate disclosures. The ruling underscores strict compliance expectations for statutory e-filings.
