The government imposed definitive safeguard duty on specified steel imports after finding serious injury to domestic producers. The duty applies in phased rates over three years starting April 2025.
The notification clarifies that anti-dumping duty on hot rolled steel imports will be reduced by any safeguard duty imposed. This ensures importers are not subjected to overlapping trade remedial duties.
The notification introduces draft rules under the OSH Code to unify and modernise labour regulation. The key takeaway is a shift toward digital registration, faster approvals, and stronger worker protections.
The draft rules consolidate and replace numerous wage-related rules under older labour statutes. The key takeaway is a unified, simplified compliance regime under the Code on Wages, 2019.
The notification explains how new Central Rules are proposed to replace multiple earlier labour law rules following the enforcement of the Social Security Code, 2020, consolidating compliance and administration under a single framework.
The notification substitutes tariff value tables for key commodities under the Customs Act. Importantly, all notified values remain unchanged, maintaining valuation stability.
The notification grants statutory approval for scientific research under section 35, enabling tax deductions for eligible donations.
The circular addresses ambiguities in calculating liquid net worth under the CMI Regulations. It clarifies what capital, margins, and exclusions must be considered for compliance.
The MCA has allowed companies to file annual returns and financial statements for FY 2024–25 up to 31 January 2026 without additional fees. The key takeaway is a temporary but significant compliance relief for delayed filings.
The Directions mandate robust KYC and AML/CFT controls for AIFIs with immediate effect. The key takeaway is stricter customer identification and monitoring aligned with FATF standards.
