Govt retains 12% GST on mango pulp; no proposal sent for reduction. Support to mango farmers continues through MIDH scheme with subsidies and assistance.
Crypto not yet regulated in India; FIU monitors VASPs under PMLA. 1% TDS applies to VDAs. RBI issues advisories on crypto risks; no formal awareness drive.
ICSI advises continued MGT-8 certification on letterhead with UDIN for Form MGT-7 filing under MCA V3, pending MCAs clarification on new integration.
India continues anti-dumping duty on Aniline imports from China PR for five years to prevent injury to domestic industry. Duty rates vary by exporter and origin.
Govt exempts customs duty on polo horses for army, police, and eligible civilian players under new rules effective 19 July 2025, with quantity and time limits.
GST registration is mandatory above set turnover limits, regardless of payment mode. Traders advised to comply and seek guidance from tax offices if notified.
Finance Ministry updates special courts under Benami Act; Raipur and Jaipur court designations revised in July 2025 notification for effective adjudication.
CBDT notifies New Okhla Industrial Development Authority as exempt under Section 10(46A), effective from AY 2024–25, subject to compliance conditions.
DGFT issues correction to port restriction policy on imports from Bangladesh; updates HS Code from 530010 to 531010 for unbleached jute woven fabrics.
IRDAI approves QIS 2 guidance, R1 license, and FY26-FY27 obligations in its 132nd meeting held on 14 July 2025; regulatory updates and panel formations noted.
