The government has permitted export of an additional 5 LMT of wheat flour under HS Code 1101, even though exports remain classified as Prohibited. Detailed procedures will be notified separately by DGFT.
The draft regulations introduce a structured framework for engagement of IFSC Financial Advisers by Financial Institutions. The move aims to enhance advisory-stage oversight and align IFSC with global regulatory standards.
The Ministry of Corporate Affairs has introduced CCFS-2026 allowing companies to file pending annual returns by paying only 10% of additional fees. The scheme offers a one-time compliance relief from 15 April to 15 July 2026.
ROC Ahmedabad imposed penalties after finding prolonged non-compliance with mandatory Independent Director requirements. The ruling underscores that delay in board composition compliance attracts adjudication under Section 454.
The ROC Mumbai imposed a ₹10,000 penalty under Section 450 after an incorrect AGM date was mentioned in Form AOC-4. The order clarifies that authorized signatories are liable for inaccuracies in digitally signed e-forms, even if errors are inadvertent.
Government clarifies that SEZ Developers and Units can submit BLUT electronically, dispensing with stamp paper and notarization requirements under revised instructions.
The regulator has permitted sharing of structured subscriber information with Pension Funds to strengthen scheme promotion and performance assessment. The circular mandates strict compliance with data protection laws and regulatory oversight to prevent misuse.
The government has limited RoDTEP benefits to 50% of existing rates and value caps with immediate effect. The notification amends Appendix 4R and 4RE under the Foreign Trade Policy 2023.
RBI amended FEMA regulations to require a Currency Declaration Form when foreign exchange carried by passengers exceeds prescribed limits. The rule improves transparency in cross-border currency movement.
GSTN has launched an online facility allowing eligible taxpayers to opt out of Rule 14A registration. Filing of pending returns and Aadhaar authentication are mandatory pre-conditions.
