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    Union Minister of Commerce and Industry Shri Piyush Goyal to Visit the United States to Participate in G20 Trade Ministers’ Meeting
    14th India-UAE High Level Joint Task Force Meeting Held in Mumbai
    CBDT extends due date for furnishing Return of Income for AY 2026-27 in respect of persons subject to audit under the Income-tax Act, 1961
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September 28, 2026
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Rules-based multilateral trade engagement supports bilateral agreement negotiations, enterprise opportunities, investment partnerships, and developing-country policy space.
India's G20 trade engagement promotes a rules-based, open and non-discriminatory multilateral trading system while preserving policy space for developing countries. Bilateral discussions seek to expand opportunities for farmers, fishermen, women entrepreneurs, startups, MSMEs and other enterprises. India-United States engagement is intended to advance a balanced Bilateral Trade Agreement and an interim trade deal, alongside investment and industry outreach promoting manufacturing partnerships with Indian enterprises.
September 28, 2026
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Cross-border investment facilitation under CEPA supports local-currency settlement, payment integration, joint projects and timely resolution of investor concerns.
Financial-sector cooperation covers local-currency settlement, integration of payment and messaging systems, and central-bank digital currencies, with steps to support timely implementation for more efficient, accessible and resilient bilateral trade and investment. The UAE-India Fast Track Mechanism remains available for addressing outstanding concerns affecting investments and companies in both jurisdictions, and the parties agreed to support timely resolution of such matters.
September 28, 2026
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Return filing and tax audit deadlines are extended for the identified taxpayer category under the applicable statutory framework.
CBDT extends the Assessment Year 2026-27 Return of Income filing deadline for persons identified at serial no. 2 in the Table below Explanation 2 to section 139(1) of the Income-tax Act, 1961, from 31 October 2026 to 21 November 2026. The specified date for furnishing the audit report for the same class is extended from 30 September 2026 to 21 October 2026.
September 28, 2026
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Courier-based gold smuggling enforcement targets concealed distribution through paper entities and foreign-origin gold consignments nationwide.
Coordinated customs enforcement targeted an organised gold-smuggling network that used courier consignments to distribute foreign-origin gold after cross-border entry. The operation led to seizure of 6.61 kg of gold bars under the Customs Act, 1962, and arrests of eleven associated persons. The network allegedly split gold into small consignments and used paper entities or persons without legitimate gold transactions to conceal distribution through courier channels.
September 28, 2026
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Anti-drug awareness and cultivator outreach combine prevention, direct grievance redressal, and safeguards against illicit narcotics diversion.
Jan Sunwayi programmes provide direct, prompt and accessible grievance redressal for opium cultivators, including name corrections, Namantaran, and eligibility connected with the upcoming Settlement Operation. Cultivators are advised to avoid middlemen or intermediaries and seek clarification or assistance directly. These measures complement anti-drug awareness and preventive outreach aimed at preventing illegal trafficking, diversion and abuse of narcotic drugs and psychotropic substances.
September 28, 2026
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NDPS enforcement targets concealed poppy straw, opium and cannabis trafficking through seizures, arrests, and continuing supply-chain investigation.
Narcotics enforcement operations in Rajasthan led to seizures of poppy straw, opium, hydroponic cannabis, cash, vehicles and a loaded country-made pistol, with four arrests. Poppy straw was recovered from vehicles and premises, including a truck where it was concealed beneath cement bags. Opium and cash were recovered from residential premises, while hydroponic cannabis concealed in an international parcel was recovered at the Foreign Post Office, Jaipur. The seized articles were taken under relevant provisions of the Narcotic Drugs and Psychotropic Substances Act, 1985, and supply-chain investigation continues.
September 28, 2026
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Free trade agreement market access is positioned to expand export opportunities and international investment for local entrepreneurs.
Free Trade Agreement-led market access is positioned to expand international opportunities for entrepreneurs in Uttar Pradesh by supporting exports, investment inflows and access to overseas markets. International trade engagement is supported through direct business access to global markets, buyer-seller meetings and promotion of the State's products, cuisines and services. Export expansion, international investment, tourism and global recognition of State brands form the stated next phase of economic development, supported by coordination between governments and trade and industrial stakeholders.
September 28, 2026
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Multilateral infrastructure cooperation guides annual development bank participation and bilateral engagement on sustainable investment and economic connectivity.
The official visit includes participation, as India's Governor, in the Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank, alongside bilateral meetings and engagement with governmental leadership, business leaders and investors. The AIIB focuses on sustainable infrastructure and productive-sector investment in Asia to promote sustainable economic development, wealth creation and infrastructure connectivity.
September 25, 2026
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Reciprocal trade agreement negotiations face tariff and subsidy pressures as both governments pursue lower bilateral trade barriers.
India-US bilateral trade negotiations seek completion of the first-phase Bilateral Trade Agreement through a reciprocal trade arrangement lowering trade barriers and tariffs. Further negotiations are required because of changed US tariff conditions, forced-labour tariffs on Indian goods, a possible investigation into excess industrial capacity and subsidies, and sanctions legislation relating to Russia. Ministerial and bilateral engagements will review progress on the proposed reciprocal arrangement.
September 25, 2026
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Banking strike contingency measures direct customers toward advance transactions and digital channels as branch operations may be disrupted.
Banking-service continuity measures anticipate possible disruption from a three-day employee strike. Customers are advised to complete essential transactions in advance and use ATMs/ADWMs, mobile and internet banking, UPI, business correspondent points and other digital channels. Branch and office operations at participating institutions may be affected, while essential services are to be maintained where possible. Union demands include a five-day banking week, pension improvements and transition options from the National Pension System to the old pension scheme.
September 25, 2026
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Government borrowing calendar: Reduced dated-securities borrowing will use weekly auctions, green bonds, switches and buyback operations.
Second-half dated-security borrowing will be completed through weekly auctions across maturities ranging from 3 years to 50 years, including Sovereign Green Bonds. Switching and buyback operations will continue to smooth the redemption profile, while a greenshoe option may permit retention of additional subscriptions. Treasury Bill borrowing will proceed through 91-day, 182-day and 364-day instruments. Auctions will offer non-competitive bidding for specified retail investors, and flexibility is retained to modify issuance terms or introduce non-standard maturity instruments, floating-rate bonds and inflation-indexed bonds.
September 25, 2026
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Interest-free working capital assistance for FCV tobacco growers supports liquidity, institutional loan repayment, crop inputs, and reduced private borrowing.
A one-time, interest-free working-capital loan of Rs. 50,000 per barn is approved for FCV tobacco growers in Andhra Pradesh under the Interest-Free Working Capital Assistance Scheme. Covering about 44,000 growers, the assistance is proposed to be delivered through direct benefit transfer. It is intended to provide liquidity for household requirements, institutional loan repayment and crop inputs, while reducing dependence on private borrowing.
September 25, 2026
Show AI Summary
Government securities auction calendar establishes retail bidding access, flexible issuance terms, greenshoe subscriptions, and periodic debt switch operations.
Each auction carries a non-competitive bidding facility, under which five per cent of the notified amount is reserved for specified retail investors. The Government may modify indicated amounts, issuance periods and maturities, and may issue instruments with non-standard maturities, floating-rate bonds or inflation-indexed bonds, having regard to governmental requirements, market conditions and other relevant factors. It may retain additional subscriptions through a greenshoe option and conduct switch or buyback auctions of dated securities.
September 25, 2026
Show AI Summary
Market borrowing plan sets dated securities auctions, Treasury Bill issuance, redemption management, and temporary cash-flow support.
Government market borrowing for the second half of FY 2026-27 is to be raised through weekly auctions of dated securities, including Sovereign Green Bonds, across maturities from 3 to 50 years. Debt-management measures include switching and buyback operations to smooth the redemption profile and a greenshoe option for additional subscriptions. Treasury Bills are to be issued through weekly auctions in 91-day, 182-day and 364-day maturities. The Ways and Means Advances limit is fixed to address temporary mismatches in government accounts.
September 25, 2026
Show AI Summary
GI-tagged agricultural exports expand farmer access to international markets through FPO-led value chains and higher price realisation.
APEDA facilitated the export of a one-metric-tonne consignment of GI-tagged Gulbarga Tur Dal from Karnataka to the Maldives through an FPO-led brand. Gulbarga Tur Dal has held GI registration since 2019. The export-linked channel provides farmers a realisation of Rs.82 per kg compared with a prevailing market price of Rs.60 per kg, while supporting closer integration of FPOs and farmers into export-oriented supply chains.
September 25, 2026
Show AI Summary
Trader welfare policy discussions covered GST reform, digital commerce, finance access, export promotion, and coordinated institutional support.
Deliberations covered GST rationalisation, refund delays, audit duration, amnesty schemes, input tax credit anomalies and pending appeals, alongside proposed inclusion of traders in MSME facilitation committees, a centralised loan portal with a 30-day timeline, CIBIL score reforms and grievance helplines. Trader welfare measures considered timely contractor payments, safeguards against technical penalties, loan-repayment flexibility during lean periods and stronger Centre-State coordination.
September 25, 2026
Show AI Summary
Gold smuggling through powdered gold concealed in food products led to seizure and arrests under customs law.
Intelligence-led interception and baggage examination identified foreign-origin gold converted into fine powder and mixed with packaged food products of similar colour, texture and consistency. Segregation and assaying yielded 9.40 kg foreign-origin gold, which was seized under the Customs Act, 1962. Questioning linked the passengers to the same organised gold-smuggling syndicate, and they were arrested under that Act.
September 25, 2026
Show AI Summary
Customs seizure of suspected smuggled areca nuts and restricted poppy seeds followed intelligence-led cross-border enforcement operations.
Intelligence-led customs enforcement in Mizoram and Assam resulted in seizure, under the Customs Act, 1962, of suspected foreign-origin areca nuts and poppy seeds believed on preliminary inquiry to have been smuggled from Myanmar. Searches of locked, unattended godowns near the Indo-Myanmar border recovered the commodities, while interception of two trucks carrying poppy seeds without valid import documents led to seizure of the consignments and vehicles. Four persons connected with transportation of the poppy seeds were arrested.
September 25, 2026
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Industrial control system cybersecurity certification validates system-level protection across wind farm controls, networks, and lifecycle security services.
IEC 62443-3-3 Security Level 2 certification applies to a wind farm control system covering SCADA, PPC, PLC and industrial network devices. It assesses system-level security requirements, including the interaction of components, networks and security mechanisms within an overall industrial control environment. The cybersecurity framework also spans secure development, certified core control components, system-level protection, and security integration and maintenance services across the lifecycle of wind energy technologies.
September 25, 2026
Show AI Summary
Foreign exchange reserve composition reflects a weekly decline driven by foreign currency assets despite a modest gold increase.
India's foreign exchange reserves declined by USD 14.881 billion to USD 765.901 billion for the week ended 18 September 2026. The contraction was principally driven by a reduction in foreign currency assets, which also reflect valuation effects from movements in non-US reserve currencies. Gold reserves increased, while Special Drawing Rights decreased and the reserve position with the International Monetary Fund remained reported separately.

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News and Press Release

GeM takes a number of initiatives for procurement of goods and services by Government departments in the fight against COVID-19 Pandemic

March 28, 2020

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Government e-Marketplace (GeM), a Special Purpose Vehicle under the Ministry of Commerce and Industry, has taken a number of initiatives in the fight against COVID-19 Pandemic. GeM, which operates a dynamic, self-sustaining and user friendly portal for procurement of goods and services by Government offices, has taken steps to enable quick, efficient, transparent and cost-effective purchases in this hour of need. Procurement on GeM has been authorized by General Financial Rules by making necessary changes in government rules. Presently more than 7400 products in about 150 product categories and hiring of transport service are available on GeM portal. GeM is a completely paperless, cashless and system driven e-market place that enables procurement of common use goods and services with minimal human interface.

The steps taken recently are as follows:

  1. A dedicated page for COVID 19 related categories has been created on GeM: https://gem.gov.in/covid19
  2. Following categories have been created for medical supplies in addition to the 32 existing ones and are live on GeM:
    1. Novel Coronavirus (COVID-19) Sample Collection Kit
    2. Reusable vinyl/rubber gloves (cleaning)
    3. Eye protection (visor/goggles)
    4. Disposable thermometers.
    5. Single-use towels
    6. UV tube light for sterilization.
    7. Surgical Isolation Face Shield
    8. Medical waste incinerator
  1. Following categories have been created for auxiliary supplies in addition to 52 categories and 7 services that existed:
    1. General purpose tool kit
    2. Wrought aluminum utensils

Total

173

Medical Related

120

Auxiliary

53

  1. With this, all categories recommended by NITI Ayog in medical and auxiliary supplies are now on GeM. All OEMs, resellers and suppliers for the above newly created categories are being identified for onboarding on GeM.
  2. The total number of COVID-19 related  categories on GeM as on date are:

     Detailed list of categories for medical and auxiliary supplies are enclosed at Annexure – 1 and Annexure – 2 respectively.

  1. The timelines and status of various interventions for ease of procurement for COVID-19 related items are as follows-
  1. Shorter duration Bids with shorter delivery period for specific categories. Bid Cycle for COVID-19 related categories has been reduced to 3 days from existing 10 days. Buyers would also be able to reduce the Delivery Period for such items to 2 days considering the time critical nature of the items. This is already live on the portal.
  2. Filter for Delivery Lead Time selection by buyer in  L1 buying. Will be live by 1 April 2020
  3. Prioritization of Product/Brand Approval for Covid Specific Categories. Will be live by 28 March 2020
  4. New business rule for controlling price increase. Will be live by 1 April 2020
  5. Allow Delivery Period Extension 30 days beyond expiry of original Delivery Period. Will be live by 28 March 2020.
  6. New business rule to stock out sellers who do not update stock within 48 hours of notification for specific categories. This is already live.
  7. New page for tracking COVID-19 categories and the number of sellers. Will be live by 28 March 2020.
  1. The World Bank increased procurement threshold at GeM for COVID 19 Response Project, from $ 1 Lakh to $ 1 Million.
  1. Seller Onboarding:
    1. OEMs & Sellers have been identified for eight new COVID categories
    2. Relevant medical categories were searched on GeM and outside GeM.  Targeted mailers were sent to appx. 10,000 sellers including OEMs.  Mail content detailed new Covid-19 categories and prioritization introduced by GeM  in brand & product approval process for faster onboarding.
    3. OEMs & sellers have also been contacted telephonically.  200+ such sellers have been engaged.  They have been informed about the new Covid-19 categories created by GeM and have been asked to onboard.  OEMs have been asked to ask their resellers to onboard and hold sufficient inventory levels.
    4. OEMs & Sellers have been exhorted to view the current situation as an opportunity and contribute in whatever way they can to the requirements of a national health emergency.
    5. OEMs/Sellers outside GeM have also been guided on how to get in contact with regional business facilitators.
    6. OEMs are being sensitised about the orders issued by the Ministry of Home Affairs, exempted businesses and various SOPs.  Online link: https://www.ndma.gov.in/en/ has also been shared.
    7. Brand approval & product approval requests from OEMs/Sellers have been accorded topmost priority and have been cleared on the same day.

Annexure - 1

List of categories for medical supplies 

S. No.

Item

1

Ventilators

2

Alcohol based hand-rub

3

Face shield (eye, nose & mouth protection)

4

N95 Masks

5

Latex single use gloves (clinical)

6

Reusable vinyl / rubber gloves (cleaning)

7

Eye protection (visor / goggles)

8

Protective Gowns / Aprons

9

Disposable thermometers

10

UV tube light for sterilization

11

Medical masks (surgical / procedure)

12

Detergent / Disinfectant

13

Detergent / Disinfectant

14

Detergent / Disinfectant

15

Single use towels

16

Biohazard bags

17

Wheel Chair

18

Glucometer with strips

19

Hard-frozen Gel Packs

20

Sample Collection Kit

21

Thermocool box / Ice-box

22

Stretcher

23

Stretcher

24

Thermal scanners

25

Batteries for thermal scanners

26

BP apparatus

27

IV Sets

28

IV Cannula

29

IV Stand

30

Ambulance

31

First aid

32

Medical Waste Incinerator

33

ICU Beds

34

Cardiac monitors

35

Syringe pumps

36

Syringe pumps

37

Portable x ray machines

38

Endotracheal tube

39

Suction tube

40

Suction tube

41

Oxygen cylinders

Annexure - 2

List of categories for auxiliary supplies

S. No.

Item

1

Soap

2

Rubb Hall Tents

3

Chairs/Benches

4

Tables/Desks

5

Printer

6

Computer

7

Extension Boards

8

Matches

9

Candles

10

ID for Patients

11

ID for  volunteers

12

Flyer - information booklet

13

White board + markers

14

Garbage bags, bins

15

Drinking Water+ Dispenser (4)

16

Cleaning items (Brooms)

17

Cleaning items (Mop)

18

Fire extinguisher

19

E Toilet

20

Genset / Back up

21

Whistle

22

Tool set – basic

23

Registration details - sticker/printer

24

Mattresses

25

Foldable Cots / Beds

26

Bed sheets

27

Pillows

28

Pillow Covers

29

Towels

30

Rubber Sheets

31

Blankets

32

Emergency Lamp

33

Laundry (Detergents)

34

Refrigerator – smallest

35

Tokens with number

36

Mosquito Repellent

37

Sanitary Pads

38

Diapers – kids

39

Steel Plates

40

Steel Glasses

41

Spoons

42

Jugs

43

Stove – Big

44

Large vessels

45

Buckets

46

Mugs

47

Tissue paper

48

Smaller bins

49

Paper

50

Pen

51

Stapler

52

Stapler Pins

53

Box file

54

Letterhead

 

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Acts Income Tax