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August 1, 2026
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GST compliance enforcement through AI analytics supported sustained net GST collection growth despite rate rationalisation reforms and reduced compliance costs.
GST revenue mobilisation in Andhra Pradesh showed year-on-year growth in net GST and total commercial tax collections through July 2026, despite rate-rationalisation reforms. Revenue growth was attributed to AI-based scrutiny and analytics, machine-learning risk scoring, AI-driven IGST reversals, UPI-based enforcement analytics, data sharing, predictive analytics, registration verification, and Aadhaar-integrated expansion of the professional-tax base. These measures were stated to strengthen compliance, curb wrongful input tax credit claims, broaden taxpayer coverage, and improve revenue mobilisation.
August 1, 2026
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Economic-offences fraud chargesheets address alleged fictitious loans, forged insurance surrender papers, and diversion of bank and policy funds.
Economic-offences chargesheets were filed in separate alleged bank and insurance fraud matters. The bank investigation alleged fictitious loan sanctions and overdrafts beyond delegated authority, involving cheating, forgery, use of forged documents and criminal conspiracy. The insurance investigation alleged that duplicate policy records and forged surrender documents were used to open a fraudulent account in a policyholder's name and divert policy proceeds. Records, witness statements, documentary evidence and forensic examination were cited in support of the allegations.
August 1, 2026
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PM Vishwakarma Scheme implementation expands artisan enrolment, skills, credit, e-commerce access and export facilitation while addressing documentation barriers.
PM Vishwakarma Scheme implementation in Delhi facilitated artisan enrolment, application processing, skill training, toolkit distribution, loan access, e-commerce onboarding and export-related support. Awareness workshops and tele-calling campaigns were used to promote participation and follow up on benefits. Key implementation challenges concerned outreach to informal clusters, digital literacy, delays in Aadhaar and IEC documentation, and additional support for Divyang artisans. Planned action includes expanding workshops, scaling e-commerce onboarding, strengthening export facilitation and coordination with implementing agencies.
August 1, 2026
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Goods and Services Tax collections rise on domestic consumption and imports, while elevated import revenue prompts assessment of underlying drivers.
Goods and Services Tax collections for July increased over the corresponding prior-year period, supported by domestic sales and imports. Gross receipts included Central GST, State GST and Integrated GST, with net GST revenue calculated after adjusting refunds. For the April-July period, gross and net collections also increased. Commentary linked domestic GST growth to consumption, formalisation and industrial activity, while identifying elevated import GST collections as an area requiring assessment of import composition, currency effects and volumes.
August 1, 2026
Show AI Summary
GST revenue collections show provisional gross, refund and net revenue trends, with State-wise settlement and domestic collection data.
GST revenue collections for July 2026 are reported provisionally through gross domestic and import revenue, domestic and export-related refunds, and net GST revenue after refunds. The data also sets out SGST collections and the SGST share of IGST settled to States and Union Territories, both monthly and cumulatively. State-wise domestic GST growth excludes GST on imported goods, while jurisdiction-wise data allocates collections between central and State formations and identifies CGST, SGST and IGST components.
August 1, 2026
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Bilateral trade cooperation expands through a Joint Trade Committee covering investment, critical minerals, healthcare, digital technologies and market access.
Bilateral trade and investment cooperation between India and Rwanda is to be advanced through a structured Joint Trade Committee mechanism for reviewing commerce, diversifying trade, promoting investment, facilitating business engagement and addressing market-access and logistical issues. Priority cooperation includes critical minerals, pharmaceuticals and healthcare, agriculture and agro-processing, standards harmonisation, digital public infrastructure, fintech, cybersecurity, green mobility and renewable energy. Investment focal points will support engagement, while capacity-building assistance and close monitoring of the Agreed Minutes are intended to support time-bound implementation.
August 1, 2026
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GST collection growth in West Bengal continued year-on-year in July but remained below the national growth trend.
West Bengal's July GST collection increased year-on-year and over the preceding month, marking a second consecutive month of annual growth. Official data also indicated that the State's annual growth rate was below the national trend, while gross domestic GST revenue excluding imports and overall gross GST collections including import-related taxes rose nationally during July.
August 1, 2026
Show AI Summary
GST collection growth reflects higher revenue mobilisation from domestic transactions and imports, with refunds adjusted in net revenue.
Goods and Services Tax collections increased in July, driven by higher revenue from domestic transactions and imports. The gross collection comprised Central GST, State GST and Integrated GST components. Refunds also increased during the month, and net GST revenue was determined after adjustment of refund outflows from gross tax receipts.
August 1, 2026
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Concessional foreign-exchange swaps encourage bank deposits and foreign borrowings to strengthen balance-of-payments resilience and foreign-exchange liquidity.
The Reserve Bank of India introduced a concessional foreign-exchange swap facility to encourage foreign-currency inflows, strengthen the balance of payments and support foreign-exchange liquidity. The facility applies to fresh Foreign Currency Non-Resident (Bank) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings. Foreign Currency Non-Resident (Bank) deposits constitute the principal source of inflows mobilised under the arrangement. The facility is available for specified time-bound periods, with a later availability period for Overseas Foreign Currency Borrowings and External Commercial Borrowings.
August 1, 2026
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Unauthorised pledge of listed-company land triggered securities-market bars for disclosure failures and misuse of management authority.
Unauthorised pledge of ZEEL's Hyderabad land as security for loans obtained by promoter-linked entities was treated as a related-party transaction lacking prior audit committee approval. ZEEL failed to disclose the land's deployment in its financial statements. Its Chairman Emeritus was stated to have transferred title deeds by falsely representing management approval and to have concealed the transaction's nature. Securities-market prohibitions and monetary penalties were imposed with immediate effect.
August 1, 2026
Show AI Summary
Trade and sustainable development policy integrates carbon regulation, sustainability standards and domestic frameworks to strengthen trade competitiveness and preparedness.
Trade and Sustainable Development policy was examined in relation to international trade disciplines, sustainability regulation and India's trade strategy. Discussions considered carbon markets, carbon pricing, carbon border adjustment measures, sustainability standards and regulatory cooperation, and their implications for trade and industrial competitiveness. Domestic mechanisms, including the Carbon Credit Trading Scheme, Indian Carbon Market, Extended Producer Responsibility framework, and accreditation and conformity assessment systems, were considered for strengthening preparedness for emerging sustainability-related trade disciplines.
August 1, 2026
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Digital public procurement engagement begins with stakeholder events promoting transparent, efficient and inclusive marketplace governance.
Government e-Marketplace launched ten-day celebrations preceding its tenth Foundation Day, including a commemorative logo, stakeholder events and recognition of employees, buyers and sellers. The programme begins a year-long nationwide outreach initiative bringing together buyers, sellers, policymakers, industry representatives and ecosystem partners through events, dialogues and collaborative platforms. Its stated focus is technology-enabled, transparent, efficient and inclusive public procurement.
July 31, 2026
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Strategic trade controls require dual-use exports to comply with national law and international obligations amid arms-transfer allegations.
Strategic trade controls governing dual-use exports require Indian exports of dual-use items and technologies to comply with national law and India's international obligations. The stated framework applies to exports to various countries. In response to allegations concerning supplies to Israel, the position notes calls for an arms embargo covering direct or indirect transfers of arms and military material, including weapons, ammunition, parts and components, without determining the underlying allegations.
July 31, 2026
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Greenfield airport development under a public-private partnership advances licensed international passenger, cargo, logistics, and sustainable infrastructure.
A greenfield international airport is being developed under a Public-Private Partnership and Design, Build, Finance, Operate and Transfer framework, with airport, aviation-hub, education and supporting infrastructure components. The airport has obtained an aerodrome licence and required safety, fire and environmental clearances. Passenger, airfield and terminal systems are designed for domestic and international operations. A cargo terminal with cold-chain facilities and integration with port, industrial-corridor and logistics networks are intended to strengthen exports and air-cargo logistics. Recycled-water use and LEED Platinum development standards form part of its environmental measures.
July 31, 2026
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Regulatory and legal developments cover trade measures, legislative action, offshore exploration support, court directions and platform algorithm scrutiny.
The compilation reports proposed United States tariff measures concerning purchasers of Russian oil and gas, India-United Kingdom trade engagement, extension of farmer-support measures, and approval of offshore exploration support. It also covers passage of the Registration of Births and Deaths (Amendment) Bill, 2026, a privilege-motion notice, a criminal sentencing, and directions to appoint a nodal officer for families affected by the Russia-Ukraine war. Regulatory items include industrial credit data and examination of social-media algorithms, bias and public-order implications.
July 31, 2026
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Russian oil purchases may trigger proposed targeted tariffs, with periodic reassessment based on countries' purchasing behaviour.
Proposed United States measures would authorise sanctions against Russia and persons supporting its war in Ukraine, while permitting targeted tariffs on imports from countries purchasing substantial volumes of Russian oil or gas or facilitating sanctions evasion. The framework identifies major purchasers and shadow-fleet facilitators for possible additional tariffs and provides for periodic reassessment and tariff adjustments based on purchasing behaviour. India stated that its energy-security policy rests on national priorities and diversified energy sources.
July 31, 2026
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Money-laundering proceedings face challenge over absent predicate offence, alleged lack of criminal intent, and treatment of related FIRs.
Money-laundering proceedings linked to alleged diversion of homebuyer funds are challenged on the ground that no scheduled offence or criminal intent is attributable to the petitioner. The petitioner relies on his asserted exoneration in two predicate FIRs, where charge sheets did not name him, and settlement of the remaining FIR. Notice was issued for a response and status report, and the petitioner undertook to cooperate with the investigation.
July 31, 2026
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Rupee appreciation reflected foreign capital inflows and central bank support, tempered by crude prices and geopolitical tensions.
Rupee appreciation against the US dollar was linked to sustained foreign capital inflows and Reserve Bank support through dollar selling. Higher crude oil prices, a stronger US dollar and geopolitical tensions in West Asia constrained further gains. A slightly positive near-term rupee bias was associated with softer dollar conditions, dovish US monetary expectations, favourable global markets and improved foreign inflows, while geopolitical risks remained relevant. Domestic equity indices rose, foreign-exchange reserves increased, and fiscal-deficit data showed the central government's position against its full-year target.
July 31, 2026
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India-UK trade agreement enables duty-free access and bilateral cooperation on investment, technology, and strategic partnership.
The India-UK Comprehensive Economic and Trade Agreement provides zero-duty market access in the UK for nearly 99 per cent of India's exports and is intended to expand bilateral trade and investment opportunities. The governments committed to maximise its benefits through the Comprehensive Strategic Partnership, including cooperation on technology, innovation, security, clean energy, education and people-to-people links. Advanced technology collaboration, including artificial intelligence, is also contemplated.
July 31, 2026
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Excise duty increases on cigarettes pressured profitability, while calibrated pricing and FMCG growth supported market resilience.
Excise duty increases on cigarettes affected consolidated profitability, prompting calibrated pricing and portfolio measures to protect market share and limit migration to illicit trade. The cigarette portfolio was re-architected across price points through value-accretive offerings and staggered pricing actions. Non-cigarette FMCG growth was supported by demand for packaged foods, dairy and personal-care products. Input-cost inflation was mitigated through inventory cover, commodity hedging and price-volume rebalancing amid crude-price volatility, supply-chain disruption and imported inflation concerns.

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Customs, DGFT & SEZ

60 Agri Export Zones Set up

August 5, 2013

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The Government has setup several Agri Export Zones in different parts of the country. The details of 60 AEZs set-up in different part of the country state -wise and location-wise are as follow. All the 60 AEZs notified by DGFT have completed their span of five years. Annexure – I

Annexure – I

State-wise and location wise details of agri export zones

S No

State

AEZ Project

State and Districts

1

Assam

(1)

 

Fresh & Processed Ginger

Assam (Kamrup, Nalbari, Barpeta, Darrang, Nagaon, Morigaon, Karbi Anglong and North Cachar districts)

2

Andhra Pradesh

(5)

Mango Pulp &

Fresh Veg.

Andhra Pradesh (Chittoor District)

3

 

Mango and Grapes

Andhra Pradesh (Districts of Ranga Reddy, Medak & parts Mahabob nagar districts)

4

 

Mango

Andhra Pradesh (Krishna District)

5

 

Gherkins

Andhra Pradesh (Districts of Mahboobnagar, Rangareddy, Karimnagar, Warangal, Medak Ananthapur and Nalgonda)

6

 

Chilli

Guntur

7

Bihar

(1)

Lychee, Vegetables & Honey

Bihar (Muzaffar-pur, Samastipur, Hajipur, Vaishali, East and West Champaran, Bhagalpur, Begulsarai, Khagaria, Sitamarhi, Saran and Gopalganj)

8

Gujarat

(3)

Mango and Vegetables

Gujarat (Districts of Ahmedabad, Khadia, Anand, Vadodra, Surat, Navsari, Valsad, Bharuch and Narmada)

9

 

Value Added Onion

Gujarat (Districts of Bhavnagar, Surendranagar, Amreli, Rajkot, Junagadh and Jamnagar Districts)

10

 

Sesame Seeds

Amerali, Bhav-nagar, Surendra-nagar, Rajkot, Jamnagar

11

Himachal Pradesh (1)

Apples

Himachal Pradesh (Shimla, Sirmour, Kullu, Mandi, Chamba and Kinnaur)

12

Karnataka

       (4)

Gherkins

Karnataka (Tumkur, Bangalore Urban, Bangalore Rural, Hassan, Kolar, Chitradurga, Dharwad and Bagalkot)

13

 

Rose Onion

Karnataka (Bangalore Urban

Bangalore (Rural), Kolar

14

 

Flowers

Karnataka (Bangalore(Urban)

Bangalore(Rural), Kolar, Tumkur, Kodagu and Belgaum

15

 

Vanilla

Karnataka (Districts of Dakshin Kannada, Uttara Kannada, Udupi, Shimoga, Kodagu, Chickamagalur)

16

Jammu & Kashmir (2)

Apple

Jammu and Kashmir (Districts of Srinagar, Baramula, Anantnag, Kupwara, Badgaum and Pulwama)

17

 

Walnuts

Jammu & Kashmir Region- Baramulla, Anantnag, Pulwama, Budgam, Kupwara and Srinagar) (Jammu Region

- Doda, Poonch, Udhampur, Rajouri and Kathua)

18

Jharkhand (1)

Vegetables

Jharkhand (Ranchi, Hazaribagh and Lohardaga)

19

Kerala

(2)

 

Horticulture Products

Kerala (Districts of Thrissur, Kollam, Ernakulam, Kottayaam, Alapp-uzha, Pathanum-thitta, Thiruvantha-puram, Idukki and Palakkod)

20

 

Medicinal Plant

Wayanad, Mallapuram, Palakkad, Thrissur, Ernakulam, Idukki, Kollam, Pathana-mittha, Thiruva-nanthapuram

21

Madhya Pradesh

(5)

Potatoes

Onion Garlic

Madhya Pradesh (Malwa, Ujjain, Indore, Dewas, Dhar, Shajajpur, Ratlam, Neemuch and Mandsaur)

22

 

Seed Spices

Madhya Pradesh (Districts of Guna, Mandsaur, Ujjain, Rajgarh, Ratlam, Shajapur and Neemuch)

23

 

Wheat (Duram)

Madhya Pradesh

(Three distinct and contiguous zones :-

Ujjain Zone comprising of Neemach, Ratlam, Mandsaur and Ujjain

Indore Zone comprising of Indore, Dhar, Shajapur and Dewas

Bhopal Division, comprising of Sehore, Vidisha, Raisen, Hoshangabad, Harda, Narsinghpur and Bhopal

24

 

Lentil and Grams

Shivpuri, Guna, Vidisha, Raisen, Narsinghpura, Chhindwara

25

 

Oranges

Chhindwara.Hoshangabad. Betul

26

Maharashtra

(8)

Grape and grapewine

Maharashtra (Nasik, Sanghli, Pune, Satara, Ahmednagar and Sholapur)

27

 

Mango

(Alphonso)

Maharashtra (Districts of Ratnagiri, Sindhudurg, Raigarh and Thane)

28

 

Kesar Mango

Maharashtra (Districts of Aurangabad, Beed, Jalna, Ahmednagar and Latur)

29

 

Flowers

Maharashtra (Pune, Nasik, Kolhapur and Sangli)

30

 

Onions

Maharashtra (Districts of Nasik, Ahmednagar, Pune Satara, Jalgaon and Solapur)

31

 

Pomegranate

Districts of Solapur, Sangli, Ahmednagar, Pune Nasik, Latur, Osmanabad.

32

 

Banana

Jalgaon, Dhule, Nandurbar, Buldhana, Wardha, Parbhani, Hindoli, Nanded.

33

 

Oranges

Nagpur and Amraoti

34

Orissa (1)

Ginger and Turmeric

Orissa (Kandhamal District)

35

Punjab (3)

Vegetables

Punjab (Fatehgarh Sahib, Patiala, Sangrur, Ropar and Ludhiana)

36

 

Potatoes

Punjab (Singhpura Zirakpur (Patiala) Rampura Phul, Muktsar, Ludhiana, Jullunder

37

 

Basmati Rice

Punjab (Districts of Gurdaspur, Amritsar, Kapur-thala, Jalandhar, Hoshiarpur and Nawanshahar)

38

Rajasthan (2)

Coriander

Kota, Bundi, Baran, Jhalawar & Chittoor

39

 

Cumin

Nagaur, Barmer, Jalore, Pali and Jodhpur

40

Sikkim (2)

Flowers

(Orchids) & Cherry Pepper

Sikkim (East Sikkim)

41

 

Ginger

Sikkim (North, East, South & West Sikkim)

42

Tripura

(1)

Organic pineapple

Tripura (Kumarghat, Manu, Melaghar, Matabari and Kakraban Blocks

43

Tamil Nadu (4)

Flower

Tamil Nadu (Dharmapuri)

44

 

Flowers

Tamil Nadu (Nilgiri District)

45

 

Mangoes

Tamil Nadu (Districts of Madurai, Theni, Dindigul, Virudhunagar and Tirunelveli)

46

 

Cashewnut

Cuddalore, Thanjavur, Pudukottai and Sivaganga

47

Uttar Pradesh

   (4)

Potatoes

Uttar Pradesh (Agra, Hathras, Farrukhabad, Kannoj, Meerut, Baghpat and Aligarh

48

 

Mangoes and Vegetables

Uttar Pradesh (Lucknow, Unnao, Hardo, Sitapur and barabanki)

49

 

Mangoes

Uttar Pradesh (Saharanpur, Muzzfarnagar, Bijnaur, Meerut, Bhagpat and Bulandshahar)

50

 

Basmati Rice

Uttar Pradesh (Districts of Bareilly, Shahajahanpur, Pilibhit, Rampur, Badaun, Bijnor, Moradabad, J B Phulenagar, Saharanpur, Mujjafarnagar, Meerut, Bulandshahar, Ghaziabad)

51

Uttaranchal

     (4)

Lychee

Uttaranchal

(Udhamsingh Nagar, Dehradun and Nainital )

52

 

Flowers

Uttaranchal

(Districts of Dehradun and Pantnagar)

53

 

Basmati Rice

Uttaranchal (Districts of Udham Singh Nagar, Nainital, Dehradun and Haridwar)

54

 

Medicinal & Aromati Plants

Uttaranchal (Districts of Uttarkashi, Chamoli, Pithoragarh, Dehradun and Nainital).

55

West Bengal

(6)

Lychee

West Bengal (Districts of Murshidabad Malda, 24 Pargana (N) and 24 Pargana(s)

56

 

Potatoes

West Bengal (Districts of Hoogly, Burdwan, Midnapore (W) Uday Narayanpur and Howrah)

57

 

Mango

W. Bengal (Malda and Murshidabad)

58

 

Vegetables

W Bengal (Nadia, Murshidabad) and North 24 Parganas

59

 

Darjeeling Tea

West Bengal (Darjeeling)

60

 

Pineapple

West Bengal (Darjeeling, Uttar Dinajpur, Cooch Behar and Jalpaiguri)

A peer evaluation of the existing AEZs was carried out in 2005 to assess the performance of AEZs. On the basis of the recommendations of the Peer Group in 2005, it was decided not to consider notification of new AEZs unless there were strong compelling reasons.

The information was given by the Minister of State in the Ministry of Commerce and Industry Dr. D. Purandeswari in a written reply in the Lok Sabha.

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