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    Advisory on “Multistate Registration” Facility for GST Registration
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October 3, 2026
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Multistate GST registration enables normal taxpayers to submit common information once for simultaneous State and UT applications.
Multistate Registration enables normal taxpayers seeking GST registration under the same PAN in more than one State or Union Territory to apply simultaneously. A Master TRN is generated after selection of the intended jurisdictions and must be submitted with Common Registration Information. Individual TRNs are then generated for each selected jurisdiction, with common information auto-populated and editable. Applicants must provide principal and additional places of business, State-specific information, and Aadhaar authentication.
October 3, 2026
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Private corporate CAPEX survey collects forward investment data through secure self-reporting while protecting enterprise-level confidentiality.
CAPEX 2026 collects information from selected large private corporate enterprises on past, provisional and intended capital expenditure across asset groups and sectors, including investment strategies, financing, green energy and robotics. Responses are self-compiled through a secure portal with bilingual and digital assistance. Complete, accurate and timely reporting supports validation and aggregate investment indicators. Individual enterprise information is protected through confidentiality safeguards, and unit-level CAPEX data are not disseminated.
October 3, 2026
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International trade negotiations training addressed WTO rules, dispute settlement, sustainability, trade remedies, digital trade, and services.
Trade-negotiation capacity-building introduced foundational trade theory and the WTO framework, followed by instruction on treaty interpretation, trade data and dispute settlement. Specialised sessions addressed trade remedies, rules of origin, non-tariff measures, intellectual property rights, digital trade and services. It also considered labour, environmental and sustainability issues, including carbon border adjustment and deforestation requirements, within an increasingly complex global trade environment.
October 3, 2026
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Food security safeguards distinguish transparent public stockholding measures from coercive trade actions within multilateral trade cooperation.
India maintains public stockholding, procures food from small and marginal farmers, and may adopt temporary, transparent measures during harvest shortfalls to preserve food availability and affordability. These food-security measures are identified as recognised within the WTO framework. A distinction is advanced between legitimate food-security interventions and coercive trade actions used to exert pressure on other countries. G20 Trade Ministers reached consensus on a statement addressing the weaponization of food through coercive trade actions and committed to continued cooperation.
October 3, 2026
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Insolvency resolution reform prioritises timely, value-maximising outcomes through technology adoption, mediation, and legislative responsiveness across the insolvency ecosystem.
The Insolvency and Bankruptcy Code seeks faster, value-maximising resolutions through legislative responsiveness, technology adoption and adherence to prescribed timelines. Reform priorities include reducing case-disposal delays, speeding consideration of resolution plans, revising admission thresholds, mediation and sector-specific carveouts. The framework is associated with creditor recoveries, rescue of viable businesses and changed debtor-creditor behaviour.
October 3, 2026
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Drug abuse prevention awareness promotes student education, peer outreach, and youth responsibility for a drug-free society.
Operation Jagriti promotes drug abuse and addiction awareness among students by addressing the harmful effects of substance use and practical prevention measures. Students are encouraged to avoid drugs, spread prevention awareness among peers and communities, and contribute responsibly to the Nasha Mukt Bharat objective of a drug-free India.
October 3, 2026
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Forced-labour border measures require verifiable evidence, due process and WTO consistency while preserving cooperation without unilateral trade action.
Global trade distortions should be addressed through WTO-consistent, evidence-based anti-dumping and countervailing measures, without restricting developing countries' policy space for industrialisation. Most-Favoured-Nation treatment, consensus decision-making, special and differential treatment, and a two-tier dispute-settlement system remain central to multilateral trade governance. Imports produced using forced labour are prohibited, while border measures must rely on specific, verifiable evidence, observe due process and WTO rules, and avoid presumptions concerning entire countries, regions or sectors.
October 3, 2026
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Export-led market access for Makhana expands overseas buyer linkages, supports higher producer returns, and promotes European market diversification.
Export-oriented market access for Bihar's Makhana is being expanded through a facilitated shipment of popped Makhana from Purnea to Greece. APEDA's support connects producers and exporters with international buyers and strengthens the export value chain. Higher price realisation than domestic selling prices indicates scope for improved producer returns, wider farmer and producer-group participation, and diversification into European markets. Export promotion is linked to a proposed Agri Export Policy and packhouse development.
October 3, 2026
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FPO-led export market access links processed food producers with global buyers and strengthens agricultural value-chain participation.
APEDA facilitated an FPO-led export of frozen food products to Canada by Aterna Foods Producer Company Limited, with support under its Financial Assistance Scheme. The export included frozen vegetables, sweet corn, samosa and other processed food products. Market-linkage initiatives connect Farmer Producer Organisations and Farmer Producer Companies with exporters and global buyers, promoting export-oriented value chains and integrating agricultural produce with processing and international markets.
October 3, 2026
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RELIEF timeline extension preserves credit-insurance support and premium protection for exporters facing West Asia maritime disruptions.
Component II of the RELIEF intervention extends operational timelines for exporters affected by West Asia maritime-logistics disruptions. It encourages eligible exporters to obtain ECGC cover for upcoming shipments to specified regions with 95% risk coverage. Benefits apply to qualifying Stand Alone Policies and Whole Turnover Policies, covering full container load, less than container load, and reefer containers, but excluding energy shipments. Eligible exporters' insurance premium cannot increase beyond the pre-disruption level during the relevant period.
October 3, 2026
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RoDTEP duty remission continues for eligible exporters, preserving existing rates and value caps through the extended period.
RoDTEP Scheme continuation is extended until 31 December 2026 for exports made by Domestic Tariff Area units, Advance Authorisation holders, Special Economic Zone units and Export Oriented Units. The scheme remits embedded, un-rebated Central, State and local duties, taxes and levies borne on exported products. Existing RoDTEP rates and value caps remain unchanged throughout the extension.
October 3, 2026
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Wildlife trafficking enforcement targeted unlawful possession, transport and proposed sale of ivory, leopard skin, pangolins and tiger parts.
Illegal wildlife trafficking operations addressed alleged possession, transportation, and attempted sale of elephant ivory, leopard skin, live pangolins, and tiger parts. Possession without licence and trade in elephant ivory or ivory articles are prohibited under the Wild Life (Protection) Act, 1972. Leopards, pangolins, tigers, and their body parts receive Schedule I protection, while pangolins are also listed in CITES Appendix I, prohibiting international trade. Recovered wildlife articles, live animals, and vehicles were transferred or seized for action by forest and specialised wildlife enforcement agencies.
October 3, 2026
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Two-way airport smuggling: airport staff allegedly facilitated clandestine gold entry and illicit diamond export through transit and outbound passengers.
An alleged two-way smuggling arrangement involved airport staff receiving foreign-origin gold dust in wax capsules from transit passengers for clandestine removal into India and transferring diamonds to an outbound passenger for illicit export to Dubai. Seizure included 23 capsules of 24-carat foreign-origin gold dust in wax form and natural and lab-grown diamonds. The modus operandi used the same airport employee to facilitate import-side gold smuggling and export-side diamond smuggling.
October 3, 2026
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Seized narcotic-drug disposal prevents contraband re-entry through supervised destruction, lawful opium deposit, and environmentally safe incineration.
Authorised disposal of seized narcotic drugs under the Narcotic Drugs and Psychotropic Substances Act, 1985 involved destruction of 10,842.150 kg of contraband through an approved process supervised by the Drug Disposal Committee and attended by a pollution-control representative. Seized opium was separately deposited with the Government Opium and Alkaloid Works as part of the disposal process, aimed at preventing contraband from returning to illicit drug trafficking and ensuring environmentally safe incineration.
October 3, 2026
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International postal narcotics trafficking: hydroponic ganja concealed in cake pouches was seized under NDPS procedures.
Seizure under the relevant provisions of the Narcotic Drugs and Psychotropic Substances Act, 1985, covered hydroponic weed (ganja) recovered from an international parcel received from Thailand. The contraband was concealed in cake pouches placed among other packets and articles to camouflage its presence. Specific intelligence prompted examination, recovery, weighing and seizure following due legal procedure, with further investigation in progress.
October 3, 2026
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NDPS enforcement enabled opium and vehicle seizure, with arrest after an intelligence-led roadside interception operation.
Intelligence-based enforcement under the Narcotic Drugs and Psychotropic Substances Act, 1985, resulted in the interception of a motorcycle and recovery of 4.240 kg of opium. The opium and motorcycle used for transportation were seized after legal formalities, and one person was arrested. Investigation continues to trace the contraband's source and intended destination and identify other persons connected with the suspected trafficking network.
October 1, 2026
Show AI Summary
GST revenue accounting distinguishes gross collections, refunds, net domestic and customs revenue, and SGST-IGST settlement reporting.
Gross GST revenue for September 2026 distinguishes domestic collections and IGST on imports; after domestic and ICEGATE refund adjustments, net revenue is calculated separately for domestic and customs GST. Cumulative collections through September similarly distinguish gross receipts, refunds and net revenue. SGST reporting compares pre-settlement receipts with post-settlement amounts that include the SGST portion of IGST settled to States and Union Territories. State and Union Territory revenue comparisons exclude GST on imported goods, while April-September domestic collections are split between Central and State formations.
October 1, 2026
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Annual Survey of Industries results record broad manufacturing growth and define survey coverage, enumeration, digital data collection, and reliability limits.
ASI 2024-25 records broad-based growth in registered manufacturing, including establishments, output, Gross Value Added, employment, emoluments, fixed capital, invested capital, net income and net profit. The survey covers specified registered factories, bidi and cigar establishments, certain electricity undertakings, and qualifying large units in State-maintained business registers. Data are collected electronically under the statutory framework for collection of statistics using an establishment-based approach, with quality checks and caution required because the estimates arise from a sample survey.
October 1, 2026
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Economic resilience policy dialogue examines financial stability, digital governance, trade fragmentation, and investment priorities amid global uncertainty.
The fifth Kautilya Economic Conclave will examine economic resilience amid global shocks through discussions on macroeconomic stability, monetary policy, financial stability, investment, fiscal federalism and capital-market development. Its agenda also covers digital economy governance, artificial intelligence, trade fragmentation, strategic autonomy, climate resilience, food systems, demographic change and global health security. Plenaries, parallel sessions and closed-door roundtables will consider policy responses and mobilisation of domestic and foreign capital for long-term investment.
September 30, 2026
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Equity acquisition in a life insurer receives competition clearance for BNP Paribas Cardif's proposed investment.
Competition Commission of India approval covers a proposed combination under which BNP Paribas Cardif will acquire certain equity share capital in IndiaFirst Life Insurance Company Limited. The transaction is an acquisition of an ownership interest in an Indian life insurer. IndiaFirst Life Insurance Company Limited is incorporated in India, is an IRDAI-licensed insurer, and provides life insurance in India.

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China's premier and American president: Two leaders, two speeches, two differing world visions

March 6, 2025

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Beijing, Mar 6 (AP) Their words came just an hour apart this week — two major speeches by two of the world's most powerful leaders, delivered on opposite sides of the planet. Together, they illustrate the very different approaches the world's 21st-century powers are taking to achieve their respective national ambitions.

For China, it was a call for unity to overcome obstacles through innovation and “opening up” — a time-honoured phrase in Chinese politics — to eventually accomplish national rejuvenation. It came from Chinese Premier Li Qiang in Beijing as he delivered an annual work report to the National People's Congress, nearly 3,000 representatives from a nation of 1.4 billion people.

Seven thousand miles away and an hour later, at 9 p.m. in Washington, President Donald Trump addressed both chambers of the U.S. Congress, more than 500 lawmakers representing a nation of 340 million, as he vowed to levy tariffs on imports and defeat inflation to "make America great again" — an equally resonant phrase for many in the United States.

From setting to speaking style, the speeches were an ocean apart. Yet they struck a similar tone — that of a desire for greatness at a moment when the reigning superpower and its biggest challenger are seeing their interests increasingly at odds.

The paths their leaders choose will shape both countries' futures — and the rest of the world's, too.

Divided democracy vs. authoritarian unity Li's speech was a set piece delivered to a loyal audience. For 55 minutes, he read a condensed version of a mostly dry and laudatory report on the government's performance last year and its plans for 2025.

He spoke from the stage of a grand, theatre-like chamber in the Great Hall of the People, a monumental, communist-era edifice on Beijing's renowned Tiananmen Square. China's top leader, Xi Jinping, sat on the dais behind him. The thousands of delegates arrayed before them politely applauded at the appropriate junctures.

Trump's address, which clocked at about an hour and 40 minutes, took place in the white-domed Capitol on the eastern end of the National Mall, dotted with national monuments. With his vice president and the Republican House speaker behind him, Trump delivered a longer, more theatrical speech to a divided Congress reflecting a divided nation.

Republicans clapped and cheered robustly at times. Democrats mostly sat in stony silence and occasionally shouted in protest. One, Rep. Al Green of Texas, was ejected from the chamber early on after he stood up and interrupted the president.

Such unscripted moments — and the high emotions visible behind them — are rare in China. It is a one-party state, and the Communist Party brooks no dissent in public. It strives to present a facade of unity. In his remarks, Li praised unity and urged the country to “rally more closely” around Xi's leadership.

In Washington, Trump lamented that “there is absolutely nothing I can say to make” Democrats “happy or to make them stand or smile or applaud” and called his Democratic predecessor, Joe Biden, "the worst president in American history.” Tariffs vs. globalisation Trump was upbeat about the economy, in the cheerleading way of American politicians pumping up support for their policies. He promised steps — including cutting energy costs — to defeat inflation, a pain point for many Americans. And he pledged to put more tariffs on imports, a move he claimed would boost U.S. industries but threatens to upset the global trade order and inflict pain on China and its export-dependent economy.

“Plants are opening up all over the place. Deals are being made like never seen. That's a combination of the election win and tariffs. It's a beautiful word, isn't it?” Trump said.

China is more worried about deflation than inflation. But Li acknowledged the other challenges the economy faces, chiefly falling real estate prices and depressed consumer spending. He reaffirmed Beijing's “unswerving commitment” to opening up.

“Regardless of changes in the external environment, we should remain steadfast in our commitment to opening up,” Li said. “We will continue to expand our globally oriented network of high-standard free trade areas." In a statement that no doubt referred in large part to the United States, he cautioned that “an increasingly complex and severe external environment may exert a greater impact on China in areas such as trade, science and technology." Leaving climate accord vs. green transition Trump touted his move to withdraw from the Paris Climate Accord and described his energy policy with the moniker “drill, baby, drill.” He boasted of ending the previous administration's environmental restrictions and (incorrectly) its electric vehicle mandate, “saving our auto workers and companies from economic destruction.” Beijing, on the contrary, is betting on a greener economy. Li said it would be a priority to accelerate “green transition” for "all areas of economic and social development". China already has the world's largest electric vehicle industry. Echoing earlier pledges by Xi, Li said China would “actively and prudently” work towards carbon peak and carbon neutrality.

Li stressed the importance of innovation and of developing the tech economy in China, including artificial intelligence. It's a push that many US policymakers worry could challenge America's lead in technology, with impacts on both the economic and military rivalry between the two.

Trump made no mention of technology except to say that it would help build “a golden dome” missile defense shield over the U.S. He declared his focus as commander-in-chief to be “building the most powerful military of the future.” One measure, he said, was to resurrect the American shipbuilding industry. Li's report touched on defence only briefly but said China would “speed up the development of new combat capabilities.” MAGA vs. Chinese rejuvenation' There's something in common, too: Both countries are yearning for greatness again.

The United States, as a rising and then reigning power, dominated the second half of the 20th century and the start of the 21st. Its economy and military are still the world's most powerful. As China emerges as a rising power, its interests increasingly and inevitably collide with those of Americans and their allies over trade, technology and far-flung Pacific islands.

Today, through China's control of its domestic media, it plays up America's divisions and violent crimes. The message to its people: It offers a better choice for their future than the messiness of democracy.

Trump presented a different view. He opened his speech much as he spent great parts of his inaugural address in January: by declaring that “America's momentum is back.” “Our spirit is back. Our pride is back. Our confidence is back. And the American Dream is surging bigger and better than ever before,” Trump said. “Our country is on the verge of a comeback.” Xi has fashioned what has been called the “Chinese Dream," by which the nation would be rejuvenated or restored to a position of greatness it held in centuries past.

China doesn't necessarily want to be a leader in the U.S. sense, but it wants to be considered an equal. Concretely, China wants a greater say in setting rules in a global system long dominated by the United States.

Trump appears more intent on freeing the US from global rules. Aside from the Paris agreement, he has pulled the US from other global groups including the World Health Organisation and the UN Human Rights Council — withdrawals that he held up as accomplishments in his speech.

As Trump pulls the United States back from international involvement, it creates an opportunity for China to fill the void. What's unclear is to what extent the Communist Party thinks that doing so is in its interest and is able and willing to do so.

At the start of his speech, Li told the delegates that China has made “solid new strides” in advancing its modernisation — an echo of the “Four Modernisations” that became a mantra during the rule of the late Deng Xiaoping in the late 1970s and 1980s.

In ending his report, Li, as expected, made the call that so many Chinese leaders do at these annual March meetings: “Build a great country," he said, "and advance national rejuvenation." (AP) AMS

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