CBDT issues corrigendum adding Sikkim to Schedule 80-IE for income tax deductions under Section 80-IE for North-Eastern undertakings.
India’s CCPA has issued guidelines effective May 27, 2025, to regulate the listing and sale of radio equipment, including walkie-talkies, on e-commerce platforms.
The Vishweshwar Sahakari Bank Ltd., Pune, has been added to the RBI’s Second Schedule as per a notification dated April 07, 2025, published on May 09, 2025.
India’s DGFT removes port restrictions and CLRI testing requirements for Finished, Wet Blue, EI Tanned, and Crust Leather exports, effective immediately.
Cabinet hinges with CIF value below ₹280/kg under Chapter 83 are now restricted for import, as per DGFT Notification dated May 26, 2025.
India’s Ministry of Home Affairs updates FCRA Rules 2011, introducing revised documentation for foreign contribution registration, prior permission, renewals, and annual reporting.
India’s DGFT has restricted the import of certain roller chains and parts (HS codes 73151100, 73151900, 73159000) if their CIF value is less than ₹235 per kilogram.
The Directorate General of Foreign Trade (DGFT) has updated Para 4.41(5) of the FTP 2023, correcting the name of the International Gemmological Institute (India) Pvt. Ltd. to International Gemmological Institute (India) Limited.
The Indian government has restored RoDTEP scheme benefits for exports made by Advance Authorization holders, Special Economic Zones, and Export-Oriented Units, effective June 1, 2025.
RoDTEP schedule updated from May 1, 2025, to align with Customs Tariff Act changes under Finance Act 2025. Updated rates available on DGFT website.
