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September 30, 2026
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Merger control clearance permits Chubu's acquisition of equity in Continuum Green Energy through primary and secondary transactions.
Competition Commission of India approval covers the acquisition of certain equity shareholding in Continuum Green Energy Limited by Chubu Electric Power Company Netherlands B.V. The proposed combination comprises a primary subscription for, and secondary purchase of, the Target's equity shares from Continuum Green Energy Holdings Ltd., Singapore. The Target and its Indian subsidiaries primarily generate and sell renewable power from wind and solar sources.
September 30, 2026
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Competition clearance authorises Bain Capital funds to acquire majority control of Everllence through a share transfer from Volkswagen.
Competition approval covers the indirect acquisition of a majority of the shares and voting rights in Everllence SE and its direct and indirect subsidiaries by funds managed or advised by Bain Capital Investors, LLC, from Volkswagen Aktiengesellschaft through a share transfer. Nikolaus (BC) Bidco GmbH acts as the purchaser and is a special purpose vehicle ultimately controlled by Bain Capital-managed or advised funds.
September 30, 2026
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Full-shareholding acquisition in crop protection receives competition clearance, combining businesses spanning agrochemicals, seeds, and agricultural equipment.
Competition Commission of India approved Crystal Crop Protection Limited's acquisition of the entire, fully diluted shareholding of FMC India Private Limited from FMC Netherlands Holdings II B.V. and its affiliates. The approved combination comprises the acquisition of 100% of FMC India's shareholding by Crystal Crop. Crystal Crop is an Indian public limited company engaged in development, manufacture, and distribution of crop protection products, seeds, and agricultural equipment.
September 30, 2026
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Investment facilitation supports cross-border manufacturing, technology, supply-chain, and business expansion partnerships between the two economies.
India-U.S. economic engagement extends beyond conventional trade to investment, manufacturing, technology, innovation, resilient supply chains, and high-value capabilities. Business engagement with manufacturing and technology companies addresses opportunities in India and expansion of partnerships. The Government of India indicates readiness to facilitate corporate operations, expansion, and investments in India.
September 30, 2026
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Monthly fiscal accounts report receipts, tax devolution, and revenue and capital expenditure against budget estimates.
Monthly accounts up to August 2026 record total receipts of Rs.13,67,709 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution to State Governments totals Rs.5,90,391 crore. Total expenditure is Rs.20,77,958 crore, divided between revenue expenditure of Rs.15,68,009 crore and capital expenditure of Rs.5,09,949 crore, with revenue expenditure including interest payments and major subsidies.
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
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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
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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
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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.

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Customs, DGFT & SEZ

Rajya Sabha passes Jan Vishwas (Amendment of Provisions) Bill, 2023 in Parliament

August 3, 2023

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The Bill aims at giving further boost to Ease of Living and Ease of Doing Business

The Bill proposes to amend 183 provisions to be decriminalized in 42 Central Acts administered by 19 Ministries/Departments

Bill received overwhelming support cutting across political parties at the Joint Parliamentary Committee stage

The Jan Vishwas (Amendment of Provisions) Bill, 2023 was passed in Lok Sabha on 27th June 2023 and Rajya Sabha on 2nd August 2023.

The Bill was first introduced in Lok Sabha on 22nd December 2022. Subsequently, it was referred to the Joint Committee of the Parliament. The Jan Vishwas (Amendment of Provisions) Bill received overwhelming support and insightful suggestions from the Members of the Committee across parties. The Joint Committee on the Jan Vishwas (Amendment of Provisions) Bill, 2022 held detailed discussions with all the 19 Ministries/Departments along with Legislative Department and Department of Legal Affairs. The Committee conducted clause-by-clause examination of the Bill through a series of 9 sittings between 09.01.2023 and 17.02.2023. The Committee finally adopted its Report in its sitting held on 13.03.2023.

The Report of the Committee was laid before Rajya Sabha and Lok Sabha on 17th March 2023 and 20th March 2023 respectively. The Committee recommended a few more amendments in the Bill. Committee also made 7 general recommendations which provide advice and guidance for future decriminalization efforts. One of the recommendations include constitution of a group consisting of legal professionals, industry bodies, members of bureaucracy and regulatory authorities, etc. to examine other acts and carry out exercise similar to the Jan Vishwas (Amendment of Provisions) Bill, 2023. Working group has been constituted as per the recommendation of the Committee.

Through The Jan Vishwas (Amendment of Provisions) Bill, 2023, a total of 183 provisions are being proposed to be decriminalized in 42 Central Acts administered by 19 Ministries/Departments. Decriminalization is proposed to be achieved in the following manner: -

(i) Both Imprisonment and/or Fine are proposed to be removed in some provisions.

(ii) Imprisonment is proposed to be removed and fine retained in few provisions.

(iii) Imprisonment is proposed to be removed and Fine enhanced in few provisions.

(iv) Imprisonment and Fine are proposed to be converted to Penalty in some provisions.

(v) Compounding of offences is proposed to be introduced in few provisions.

For effective implementation of the above, the bill proposes measures such as (a) pragmatic revision of fines and penalties commensurate to the offence committed; (b) establishment of Adjudicating Officers; (c) establishment of Appellate Authorities; and (d) Periodic increase in quantum of fine and penalties

It is also ensured that degree and nature of punishment is commensurate with the severity of the offence.

The benefits of the Amendment Bill are outlined as under:

1. The Amendment Bill will contribute to rationalizing criminal provisions and ensuring that citizens, businesses and the government departments operate without fear of imprisonment for minor, technical or procedural defaults.

2. The nature of penal consequence of an offence committed should be commensurate with the seriousness of the offence. This bill establishes a balance between the severity of the offence/violation committed and the gravity of the prescribed punishment. The proposed amendments ensure the adherence to law by businesses and citizens, without losing the rigor of the law.

3. The criminal consequences prescribed for technical/procedural lapses and minor defaults, clog the justice delivery system and puts adjudication of serious offences on the back burner. Some of the amendments proposed in the Bill are to introduce suitable administrative adjudication mechanisms, wherever applicable and feasible. This would go a long way in reducing undue pressure on the justice system, reduce the pendency of cases and help in a more efficient and effective justice dispensation.

4. Decriminalization of provisions which affect citizens and certain categories of government employees will help them live without the fear of imprisonment for minor violations.

5. The enactment of this legislation would be a landmark in the journey of rationalizing laws, eliminating barriers and bolstering growth of businesses. This legislation would serve as a guiding principle for future amendments in various laws. Consolidated amendments in various laws with a common objective will save time and cost for both Government and Businesses alike.

Ministry/Department-wise List of 42 Acts 

(Covered under The Jan Vishwas (Amendment of Provisions) Bill, 2023)

Sl. No.

Name of the Acts

Name of Ministries / Departments

  1.  

The Agricultural Produce (Grading and Marking) Act, 1937

D/o Agriculture, & Farmers Welfare

  1.  

The Marine Products Export Development Authority Act, 1972

D/o Commerce

3.

The Rubber Act, 1947

  1.  

The Tea Act, 1953

  1.  

The Spices Board Act, 1986

  1.  

The Legal Metrology Act, 2009

D/o Consumer Affairs

  1.  

The Cantonments Act 2006 

D/o Defence

  1.  

The Government Securities Act, 2006

D/o Economic Affairs

  1.  

The High Denomination Banknotes (Demonetization) Act, 1978

  1.  

The Public Debt Act, 1944

  1.  

The Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016

M/o Electronics and Information Technology

  1.  

The Information Technology Act, 2000

  1.  

The Air (Prevention and Control of Pollution) Act, 1981 

M/o Environment, Forest and Climate Change

  1.  

The Environment Protection Act, 1986

  1.  

The Indian Forest Act, 1927

  1.  

The Public Liability Insurance Act, 19941 

  1.  

The Deposit Insurance and Credit Guarantee Corporation Act, 1961

D/o Financial Services

  1.  

The Factoring Regulation Act, 2011

  1.  

The National Bank for Agriculture and Rural Development Act, 1981

  1.  

The National Housing Bank Act, 1987

  1.  

The Payment and Settlement Systems Act, 2007

  1.  

The Food Corporations Act, 1964

D/o Food & Public Distribution

  1.  

The Warehousing Corporation Act, 1962

  1.  

The Drugs and Cosmetics Act, 1940

D/o Health & Family Welfare

  1.  

The Food Safety and Standards Act, 2006

  1.  

The Pharmacy Act, 1948

  1.  

The Metro Railways (Operation and Maintenance) Act, 2002

M/o Housing & Urban Affairs

  1.  

The Press and Registration of Books Act, 1867

M/o Information & Broadcasting

  1.  

The Cinematography Act, 1952

  1.  

The Cable Television Networks (Regulation) Act, 1995

  1.  

The Merchant Shipping Act, 1958

M/o Ports, Shipping & Waterways

  1.  

The Indian Post Office Act, 1898 

D/o Posts

  1.  

The Boilers Act, 1923

Department for Promotion of Industry & Internal Trade

  1.  

The Copyright Act, 1957

  1.  

The Geographical Indications of Goods Act, 1999

  1.  

The Industries (Development and Regulation) Act, 1951

  1.  

The Patents Act, 1970

  1.  

The Trade Marks Act, 1999 

  1.  

The Railways Act, 1989

M/o Railways

  1.  

The Motor Vehicles Act, 1988

M/o Road Transport & Highways

  1.  

The Prevention of Money-laundering Act, 2002

D/o Revenue

  1.  

The Collection of Statistics Act, 2008

M/o Statistics & Programme Implementation

Illustrative examples of amendments carried out- 

  • The Indian Post Office Act, 1898

    • 23 Sections related to misconduct, voluntary withdrawal from duty, making false entry in register, defiling or injuring post office letter boxes, etc. are proposed to be omitted. These provisions relate to default by postal employees, other postal workers, employees of other agencies and other individuals. Provisions for appropriate action against such defaulting employees, workers and other individuals can effectively be taken under various Acts and Rules including CCS (CCA) Rules, 1965 or GDS (Conduct and Engagement) Rules, 2020, the Indian Contract Act, 1872 and the Indian Penal Code, 1860.

  • Indian Forest Act, 1927

    • This act (Section 26 (1) (d)) had Imprisonment provision for pasturing cattle in Forest land. This provision is being amended by removing imprisonment and fine. Now this contravention will attract penalty. This amendment will benefit tribals/villagers who may unknowingly enter forest land while pasturing cattle. Since the violation is not serious in nature and may not be intentional, imprisonment provisions were not justified. However, deterrence is proposed to be achieved by levying penalty of Rs. 500/- 

  • The Food Corporations Act, 1964 & The Warehousing Corporations Act, 1962

    • These acts provide imprisonment and fine for using the name of Food/warehouse Corporation without Corporation’s consent. Imprisonment (up to 6 months) and fine (₹1,000) is proposed to be removed for the use of Food/Warehouse Corporation’s name in any prospectus or advertisement without Corporation’s consent

  • The Cantonments Act, 2006

    • This act (Section 289 (5)) had imprisonment provisions for carrying or using non-biodegradable nature-polythene bags in cantonment area. This provision is being removed as most of the times, citizens using polyethene bags may not be aware about them being bio-degradable or not. 

  • Legal Metrology Act, 2009

    • Giving false information to legal metrology officer, controller or director (Legal Metrology Act, 2009) is proposed to be made compoundable (Section 48)

  • Motor Vehicles Act, 1988

    • Contraventions related to driving regulations, obstructing to free flow of traffic and producing false registration document (Motor Vehicles Act, 1988) are proposed to be made compoundable (Section 200 (1)).

  • Collection of Statistics Act, 2009

    • This act facilitates collection of statistics on economic, demographic, social, scientific, environmental aspects. This act had imprisonment provisions for Minor procedural offenses like failure to produce books, accounts, documents, or records, making any false or misleading statement or information, destroying, defacing, removing, or mutilating any information. Violations of provisions of this act are not severe in nature and do not cause any damage. These criminal provisions are being removed from the Act now. 

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