Expenditure tied to investments yielding exempt income restricted to attributable costs; broader disallowance disallowed and adjustments to WDV and mi...
Admissibility of Investigative Statements invalidated reliance on coerced emails and valuation redetermination, resulting in set aside of penalties an...
Classification of printed technical documents: specific Chapter 49.01 entry prevails, enabling claimed customs exemptions for imported manuals and rep...
Attachment of Pre Offence Mortgaged Property remains possible under PMLA; secured creditors may pursue statutory claim and seek auction with undertaki...
Launches a pilot scheme 'FLOW' under the Export Promotion Mission to subsidise overseas logistics, warehousing, fulfilment and market-facing infrastructure to enhance MSME access to foreign markets. Assistance is limited to lease/rental, common facility and operational costs (excluding capital expenditure), available to Indian incorporated entities and specified bodies; support is time bound (up to three years) and subject to project approval, milestones, utilisation certificates and monitoring. Financial aid is offered at 30% of eligible costs with prescribed ceilings per intervention; approved projects must allocate at least 20% of annual merchandise volumes to Indian MSMEs. Governance, due diligence, sustainability and recovery measures are mandated; applications follow prescribed procedures.
Launches a pilot scheme 'FLOW' under the Export Promotion Mission to subsidise overseas logistics, warehousing, fulfilment and market-facing infrastructure to enhance MSME access to foreign markets. Assistance is limited to lease/rental, common facility and operational costs (excluding capital expenditure), available to Indian incorporated entities and specified bodies; support is time bound (up to three years) and subject to project approval, milestones, utilisation certificates and monitoring. Financial aid is offered at 30% of eligible costs with prescribed ceilings per intervention; approved projects must allocate at least 20% of annual merchandise volumes to Indian MSMEs. Governance, due diligence, sustainability and recovery measures are mandated; applications follow prescribed procedures.
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