The Lakshadweep Excise Regulation, 2026 establishes a comprehensive framework for licensing, manufacture, sale, transport, and consumption of liquor. The Regulation introduces strict compliance requirements, enforcement powers, and penalties for violations.
RBI has amended FEMA export regulations to reduce the time available for realization and repatriation of export proceeds from 15 months to 9 months. Exporters must now ensure faster receipt of export earnings and stricter compliance with foreign exchange rules.
CBIC exercised its powers under the Customs Act, 1962 to appoint a common adjudicating authority for two customs proceedings involving the same noticee. The Chennai Import Customs Commissionerate will conduct the adjudication.
Appointment of Common Adjudicating Authority in the case of M/s. Hewlett Packard Enterprise India Private Limited, (IEC: 0715007190) – Consolidated Adjudication of Multiple Show Cause Notices arising from SVB Investigation Report No.18/2024 dated 28.08.2024 The Central Board of Indirect Taxes and Customs (CBIC), through Notification No. 50/2026-Customs (N.T.) dated 5 June 2026, has appointed a […]
The vacancy circular highlights opportunities for professionals to contribute to financial reporting and auditing oversight. Applicants meeting the prescribed educational and experience criteria may apply within the stipulated timeline.
IBBI has notified amendments across several insolvency regulations to operationalize the Insolvency and Bankruptcy Code (Amendment) Act, 2026. The changes introduce new disclosure, authentication, grievance-handling, and procedural requirements.
IFSCA has warned regulated entities that advanced AI models can accelerate cyberattacks by rapidly identifying and exploiting vulnerabilities. The advisory urges stronger cyber resilience measures and risk reassessments.
DGFT has authorized the Porbandar District Chamber of Commerce & Industries to issue Non-Preferential Certificates of Origin. The move expands the list of recognized agencies under Appendix 2E of FTP 2023.
ROC Pune held that possession of more than one Director Identification Number constitutes a violation of Section 155 of the Companies Act. Despite the absence of mala fide intent, penalty under Section 159 was imposed for the default.
ROC held that circulating the private placement offer letter before filing Form MGT-14 violated Section 42(3) and Rule 14(8). The case underscores the importance of completing prerequisite filings before initiating private placement offers.
