The notification replaces cess rates with “Nil” across extensive Schedule entries. The key takeaway is the effective withdrawal of Compensation Cess on the listed goods starting 1 February 2026.
The government has decided to keep small savings interest rates unchanged for January–March 2026. The move ensures stability and predictability for investors relying on these schemes.
It was held that identity and address verification lies with the entity last uploading KYC data to CKYCR. AIFIs relying on compliant records need not repeat verification but remain responsible for all other CDD requirements.
The regulator held that identity and address verification rests with the entity last uploading KYC data to CKYCR. Local area banks relying on valid records need not re-verify, while remaining responsible for all other CDD requirements.
The regulator held that identity and address verification lies with the last entity uploading KYC data to CKYCR. Payments banks relying on valid records need not repeat verification, while retaining responsibility for other CDD requirements.
The regulator held that identity and address verification rests with the last entity uploading KYC data to CKYCR. Rural banks relying on valid records need not repeat verification, though full CDD responsibility otherwise continues.
The regulator held that the bank last uploading or updating KYC data in CKYCR is responsible for identity and address verification. Other banks may rely on such records without re-verification, streamlining compliance while retaining broader CDD accountability.
Acting under statutory powers, the Centre has substituted the main table of a September 2025 customs notification. Stakeholders must rely on the new table to assess applicable duty benefits.
The government has substituted the operative table in an existing customs notification, revising how duty exemptions apply. The new table now exclusively governs eligibility and conditions.
Acting in public interest, the Centre has substituted Table I of a September 2025 customs notification. Stakeholders must follow the revised table for duty benefits.
