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Maternity & Paternity Benefits in Labour Law: India on Its Way to a Gender-Neutral Framework

April 15, 2026 666 Views 0 comment Print

Dhara Verma Abstract The labour welfare laws in India provide essential maternity and paternity benefits to workers which demonstrate the country’s commitment to achieving gender equity and supporting families while fostering social and economic development. The maternity protection system in India has experienced legislative and judicial improvements but its paternity benefits system remains underdeveloped because […]

DGFT notifes Import Restriction on Glufosinate: Minimum CIF Value Condition for 6 Months

April 13, 2026 633 Views 0 comment Print

The notification restricts import of Glufosinate where the combined CIF value and duty fall below the threshold. It introduces a uniform valuation-based control for six months.

Fixed Medical Allowance Extended to Central Govt Employees covered under UPS

April 13, 2026 735 Views 0 comment Print

The government clarified that employees under the Unified Pension Scheme are eligible for Fixed Medical Allowance. The key takeaway is parity of benefits with NPS employees under existing rules.

SEBI Proposes to permit net settlement of funds for transactions done by Foreign Portfolio Investor

April 11, 2026 549 Views 0 comment Print

The reform addresses inefficiencies caused by gross settlement, which increased liquidity and funding requirements for FPIs. SEBI allows netting of funds for outright transactions, reducing costs while maintaining safeguards against systemic risks.

DGFT Limits EIC Inspection Requirement for Rice Exports to Select European Countries

April 10, 2026 2046 Views 0 comment Print

The government restricts the mandatory inspection certificate requirement to EU nations and select European countries. Exporters shipping to other European regions get a six-month compliance relief, simplifying export procedures.

RBI Assigns Lead Bank Roles for Andhra Pradesh Districts of Polavaram & Markapuram

April 10, 2026 435 Views 0 comment Print

RBI has designated Union Bank of India as the Lead Bank for Polavaram and Markapuram districts. The move ensures smooth banking coordination and financial inclusion in newly created districts.

Corrigendum to Notification of Income tax return Form 7 (ITR 7)

April 10, 2026 459 Views 0 comment Print

The corrigendum corrects technical errors in multiple ITR schedules, including CG and CYLA. It ensures accurate reporting and smoother tax compliance for taxpayers.

Inter-play between Input Tax Credit and IBC

April 9, 2026 2589 Views 0 comment Print

This piece examines how restrictive provisions under GST law limit refund of unutilised ITC during insolvency, despite broader enabling clauses. It highlights judicial divergence and the resulting uncertainty for creditors and liquidators under IBC.

RBI invites comments on Draft RBI (Governance) Amendment Directions, 2026

April 8, 2026 966 Views 0 comment Print

RBI proposes major governance reforms replacing rigid rules with principle-based guidance for bank Boards. The framework allows delegation to committees while ensuring Boards retain control over strategic and material decisions.

CBIC Updates Producer Name in ADD Notification on DGTR Advice

April 8, 2026 708 Views 0 comment Print

CBIC amends Notification 15/2023-Customs (ADD) to update producer name to DNE LASER (Guangdong) Co., Ltd. based on DGTR recommendation.

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