The issue involved foreign investment from countries sharing land borders with India. The amendment mandates Government approval for such investments, including indirect ownership. The ruling strengthens scrutiny to safeguard national interests.
The RBI confirmed that nearly all ₹2000 banknotes have been returned since the 2023 withdrawal announcement. With only a small fraction remaining in circulation, the process is nearing completion. The update highlights the effectiveness of the phased withdrawal strategy.
DGFT revised the RoDTEP schedule to reflect amendments in the Customs Tariff Act. The update ensures consistency between export incentives and tariff classifications.
CBIC has amended Notification No. 9/2025-Union Territory Tax (Rate) to revise tariff entries under UTGST schedules from May 1, 2026.
CBIC has amended Notification No. 9/2025-Integrated Tax (Rate) to revise tariff entries under IGST schedules in line with Finance Act, 2026.
CBIC has amended Notification No. 9/2025-Central Tax (Rate) to revise tariff entries in GST schedules in line with Finance Act, 2026, from May 1.
CBIC has amended a Customs (CVD) notification to revise tariff item codes in line with Finance Act, 2026 changes, effective May 1, 2026.
CBIC has amended multiple Customs (ADD) notifications to revise tariff item codes in line with changes introduced under the Finance Act, 2026, from May 1.
Notification No. 21/2026-Central Excise revises the RIC rate on exports of high-speed diesel oil outside India to Nil, effective May 1, 2026.
Notification No. 20/2026-Central Excise revises the SAED rate on exports of ATF outside India to Rs. 33 per litre, effective May 1, 2026.
