The government revised the import policy for platinum articles, moving them from free to restricted import status. Only limited re-import categories are now permitted without restriction.
Explains the CBDT notification granting section 10(46) exemption to a district legal services authority and the categories of income covered.
Finished umbrella imports are now restricted unless the CIF value is ₹100 or above per piece. Export-linked units such as EOUs and SEZs remain exempt from the MIP condition.
The High Court directed removal of a Chartered Accountant s name for one year after finding him guilty of Other Misconduct under the 1949 Act. ICAI implemented the order through official notification.
The 2026 notification revises the definition of startups, expanding eligibility to more entities while setting turnover and time limits. It clarifies innovation criteria and introduces updated compliance norms.
The draft notification proposes easing import and landing permission requirements for specified gas cylinders and components. Stakeholders have been invited to submit objections before the rules are finalized.
Agency banks must remain open on the public holiday to ensure all government receipts and payments are recorded within FY 2025–26.
This piece explains how the 2015 regulations govern exits, withdrawals, and annuity requirements under NPS. The key takeaway is that exit benefits vary by subscriber category, age, and corpus size, balancing flexibility with long-term pension security.
Nil excise duty now applies only to unbranded, non-retail raw tobacco, while other forms attract 18%, ensuring tax clarity and preventing misuse.
The government has withdrawn an earlier central excise exemption notification with effect from 2 February 2026. The rescission is prospective, ensuring past actions under the old notification remain valid.
