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Notification No. S.O. 742(E) Dated:- 7-2-2025 Information Technology
Computer resources supporting IDFC FIRST Bank's core banking and specified payment systems, including associated dependencies, are declared protected systems under the Information Technology Act, 2000. Access is restricted to designated employees, authorised managed-service-provider or third-party-vendor personnel requiring access, and specified consultants, regulators, Government officials, auditors and stakeholders holding written authorisation. The framework takes effect upon publication in the Official Gazette.
Notification No. 42/2026-27 Dated:- 9-10-2026 Foreign Trade Policy
Paragraph 4.49 of the Foreign Trade Policy 2023 permits eligible foreign entities to import rough diamonds into a Special Notified Zone and undertake auction, sale and re-export on a consignment or outright basis. Eligible entities include foreign diamond-mining companies, their sightholders, and specified brokers, aggregators, tender entities and auction entities connected with rough-diamond sales, subject to applicable conditions. Activities remain under Customs supervision, while procedures for import, auction, sale and re-export of unsold rough diamonds are governed by specifications issued from time to time.
Notification No. G.S.R. 846(E) Dated:- 13-11-2025 Information Technology
Data Fiduciaries must protect personal data through encryption or comparable controls, access restrictions, logs, monitoring, backups, processor-contract obligations, and technical and organisational safeguards. They must retain relevant personal data and logs for at least one year, subject to applicable law. On becoming aware of a personal data breach, they must promptly give affected Data Principals clear information on the breach, likely consequences, mitigation, protective steps, and contact details, and notify the Board without delay, followed by detailed information within seventy-two hours unless the Board allows more time.
News and Press Release
Dated:- 9-10-2026
The AITIGA Joint Committee directed its sub-committees to accelerate pending review chapters through firm, time-bound deliverables and close coordination. Work covers legal and institutional issues, national treatment and market access, and rules of origin. ASEAN and India reaffirmed their commitment to resolve outstanding policy issues, deepen economic integration, and modernise the Agreement into a balanced and mutually beneficial framework strengthening bilateral trade.
Customs, DGFT & SEZ
Dated:- 9-10-2026
International trade and investment law are increasingly shaped by sustainability-linked trade measures and digital trade and require rigorous legal analysis. CTIL supports trade capacity through legal analysis for free trade agreement negotiations, WTO processes, dispute settlement and institutional knowledge-building. International investment law increasingly recognises States' regulatory authority alongside investment protection, with institutionalisation, legitimacy and the balance between investment and public power identified as central concerns. Research and capacity-building also address climate, sustainability, supply chains, artificial intelligence and other emerging trade-policy areas.
News and Press Release
Dated:- 9-10-2026
Draft guidelines establish a uniform framework for compiling expenditure-side Gross State Domestic Product estimates using base year 2022-23. They cover data sources, estimation procedures and methodologies for private and government consumption, gross fixed capital formation, inventory changes, valuables and net exports. State-specific data and allocation indicators are preferred, while recommended allocation methods support consistent estimates where direct subnational data are unavailable. The approach is intended to harmonise estimation practices and strengthen subnational national accounts capacity.
Mediated land-acquisition settlements can replace prior compensation decrees, with compulsory-acquisition payments made without tax deduction at source.
Executed and authenticated mediation agreement resolving land-acquisition compensation claims was treated as a voluntary, comprehensive settlement under the Code of Civil Procedure framework for mediated compromise. Its terms on compensation, statutory benefits, interest, payment schedule, default, closure of pending claims and final discharge govern in substitution of earlier awards, judgments and decrees, with a decree drawn accordingly. Compensation for compulsory acquisition payable under the settlement is to be disbursed without tax deduction at source.
Notification No. S.O. 4621(E) Dated:- 22-10-2024 Information Technology
Protected-system status applies to the Indian Overseas Bank's Core Banking Solution, Real Time Gross Settlement system, Unified Payments Interface Switch, and associated computer-resource dependencies. Access is authorised for designated employees with written authorisation, authorised managed-service-provider or third-party-vendor personnel requiring need-based access, and consultants, regulators, government officials, auditors, and stakeholders granted written case-by-case authorisation. The designation takes effect upon publication in the Official Gazette.
Residence-based State-service reservation permits corrective reversion of ineligible promotees without disciplinary inquiry or inter-State migration restrictions.
State-service reservation, including promotion, may be confined to Scheduled Castes and Scheduled Tribes native to Bihar where a residence-based classification seeks adequate representation. The third proviso to Section 4(2), effective from 11 June 1996 in line with the prior executive policy, excludes non-Bihar residents and does not impair a vested promotion right for candidates ineligible under that policy. The measure regulates reservation entitlement in State public services rather than inter-State migration and falls within the State legislative field. Lack of consultation with the National Commission for Scheduled Castes does not invalidate it. Reversion of ineligible promotees is corrective, not punitive, so an Article 311(2) inquiry is unnecessary.
2026 (9) TMI 323 - ITAT CHANDIGARH AT
The special regime in Section 115BBE is consequential: it applies only after the amount is properly brought within a specified deeming provision, and a survey surrender, book entry or return description cannot itself create that character. Mixed stock forming part of ordinary business inventory and credibly explained through business records may be assessed as business income at normal rates. Similarly, excess cash may be treated as business income where a commercial source is satisfactorily established and no separate or non-business source is shown.
Notification No. S.O. 3568(E) Dated:- 9-10-2020 Information Technology
Cyber Forensic Laboratory of the Indian Computer Emergency Response Team (CERT-In) was designated as an Examiner of Electronic Evidence within India under section 79A of the Information Technology Act, 2000. Its permitted activities comprised computer (media) forensics, excluding floppy disk drives, and mobile devices forensics. The examiner designation was rescinded on 27 November 2024.
Dabhol Port's specified customs purposes are substituted to permit unloading of machinery and equipment for the Ratnagiri Gas and Power project, liquefied natural gas, naphtha, and goods for shipbuilding and repair. The revised entry also covers loading for export of imported project machinery and equipment, import of ships, barges, similar vessels and rigs for repair, and their export by the specified shipyard. These changes expand and define the authorised customs activities at Dabhol Port for power-project cargo, energy imports, and shipyard-related operations.
Notification No. S.O. 5191(E) Dated:- 27-11-2024 Information Technology
Cyber Forensic Laboratory, CERT-In, is designated as an Examiner of Electronic Evidence under section 79A of the Information Technology Act, 2000. Its remit covers computer-media forensics, including drone storage media but excluding floppy disk drives; mobile-device forensics; and CCTV media recovery, excluding video authentication and enhancement. Cloud forensics may be performed from its premises using access-authentication tokens and credentials recovered from seized exhibits.
The Digital Personal Data Protection (Removal of Difficulties) Order, 2026 corrects the child and disability consent provision to require verifiable consent before processing personal data of a child or of a person with disability who has a lawful guardian. It also replaces "audit" with "data audit" in the periodic-audit obligation applicable to Significant Data Fiduciaries, aligning that obligation with the requirement to appoint an independent data auditor. These textual corrections apply from 6 October 2026, the date of Gazette publication.
Screen Protectors for smartphones are added to the Schedule of the Electronics and Information Technology Goods (Requirement for Compulsory Registration) Order, 2021. They must conform to Indian Standard IS 19348:2025, Glass Screen Protector - Specification, under the compulsory registration framework from 1 April 2027. Customs field formations must take the amendment into account for necessary implementation action.
SEBI has revised ISIN limits for privately placed debt securities with immediate effect. Issuers may have up to seventeen ISINs maturing in a financial year, plus six additional ISINs for eligible capital gains tax debt securities. Of the seventeen, up to twelve may be plain vanilla debt securities, with additional ISINs permitted for prescribed incremental issuances after outstanding maturities exceed the specified threshold; up to five may cover structured, market-linked, floating-rate, zero-coupon and Tier II debt instruments. Legacy ISINs in the latter category are grandfathered subject to restrictions on further issuances. GoI-serviced/EBR bonds and ESG debt securities are excluded from ISIN-limit calculations.
Credit Risk-o-Meter disclosure becomes mandatory for listed and proposed issuances of non-convertible securities, commercial paper, securitised debt instruments, security receipts, and structured or market-linked debentures. Issuers and online bond platform providers must display the colour-coded meter in offer materials, private placement memoranda, advertisements, and relevant web and mobile interfaces. The meter maps credit ratings to six risk levels, must show the CRA, actual rating and unsecured status, and must use the lowest rating where multiple ratings apply. OBPPs must source ratings only from registered CRAs, update changes within 24 hours of depository intimation, prohibit manual overrides, and retain audit trails. These requirements take effect 45 days after issuance.
Notification No. S.O. 744(E) Dated:- 7-2-2025 Information Technology
Protected-system status applies to City Union Bank computer resources supporting its Core Banking Solution and Unified Payments Interface Switch, including associated dependencies. Access is limited to employees, service-provider and vendor team members, and specified consultants, regulators, officials, auditors and stakeholders, each authorised in writing under the applicable designation. The status takes effect upon Official Gazette publication.
News and Press Release
Dated:- 9-10-2026
Monetisation of a 5.119-acre freehold industrial land parcel owned by HIL (India) Limited at Najafgarh Industrial Area, New Delhi, is facilitated through an E-Tender followed by E-Auction. Eligible bidders must complete registration, submit technical bids, and furnish the required Earnest Money Deposit or Bank Guarantee by the stipulated deadline. Sale is subject to "as is where is", "as is what is", "whatever there is" and no-recourse or no-complaint conditions. The exact land extent is to be determined through a joint survey with the successful bidder.
Notification No. S.O. 745(E) Dated:- 7-2-2025 Information Technology
Computer resources supporting Karur Vysya Bank's Core Banking Solution, Real Time Gross Settlement and Unified Payments Interface Switch, including associated dependencies, are declared protected systems under the Information Technology Act, 2000. Access is authorised for designated employees, need-based managed service-provider personnel or third-party vendors, and specified consultants, regulators, Government officials, auditors and stakeholders, subject to written authorisation.