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August 12, 2026
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Judicial allowance exemptions under the new tax regime remain disputed, with return processing and resulting demands kept in abeyance.
Tax treatment of specified judicial allowances under the new income-tax regime is disputed. Statutory service-condition provisions are asserted to exclude allowances, including official residence, conveyance, sumptuary allowance and leave travel concession, from income computation and to override the Income-tax Act. Pending consideration, affected judges may show these amounts as receipts not in the nature of income, and their returns are not to be processed further. Any resulting demand remains in abeyance, while refundable amounts are withheld subject to the pending proceedings.
August 12, 2026
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Corporate closure data highlights worker-claim treatment through insolvency adjudication and liquidation priority, while affected-worker information remains unmaintained.
Corporate closure data recorded 36,211 private companies in Maharashtra as liquidated, dissolved or struck off during the preceding five financial years. Central information is not maintained on workers affected by closures or special rehabilitation packages. In corporate insolvency resolution, employee and worker claims are adjudicated under orders of the adjudicating authority. In winding-up or liquidation, the liquidator deals with pending wages and other admissible statutory dues, subject to available funds and the statutory order of priority.
August 12, 2026
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Compressed biogas development converts organic waste into cleaner fuel, rural income and reduced dependence on imported fossil fuels.
CBG development is presented as a route for converting agricultural and organic waste into biomethane, bio-fertiliser and briquettes while reducing fossil-fuel imports, crop-residue burning and waste-management burdens. NexGen Energia's asset-light land-partner model uses landowner-provided sites while the company designs, installs and operates plants, including gas upgrading and offtake logistics. Anaerobic digestion and alternative gas-purification technologies support use of agricultural residue, food waste, manure and distillery effluent. Expansion is linked to the GOBARdhan National Circular Bioenergy Scheme, despite capital, feedstock-aggregation and commissioning constraints.
August 12, 2026
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Bilateral trade cooperation advances through investment focal points, services and health working groups, and planned preferential trade agreement negotiations.
India-Namibia economic cooperation is being progressed through agreed follow-up mechanisms focused on value addition, investment facilitation and sectoral collaboration. Investment focal points have been designated, and a Services Working Group is to prepare a work plan for the Joint Trade Committee. Priority areas include health and pharmaceuticals, critical-mineral processing, gems and jewellery, digital payments, FinTech, railways, renewable energy and green hydrogen. Terms of Reference for the India-SACU preferential trade agreement were finalised, with negotiations to begin after signature and conclude within one year.
August 12, 2026
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AI governance in banking requires explainability, board accountability, rigorous testing, vendor controls and meaningful human oversight for customer-facing decisions.
AI adoption in banking should be governed through a principles-based and proportionate framework that aligns innovation with financial stability, customer protection and accountability. Banks should maintain inventories of AI systems, adopt board-approved governance policies, ensure explainability for material lending and fraud decisions, conduct periodic red-teaming and stress testing, and preserve meaningful human oversight. Key risks include opacity, bias, vendor concentration, third-party dependence, data misuse, cyber vulnerability and loss of institutional accountability. Vendor arrangements require audit and explanation rights and credible exit plans.
August 11, 2026
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Land acquisition funding and regulatory approvals advance satellite-city development, tax relief, identity enrolment, employment verification, and jail reform.
Assam Cabinet approvals include first-phase funding for land acquisition and development of the Aerotropolis Satellite City Project and a lease deed for a hotel supporting the Jagiroad semiconductor ecosystem. Measures also provide Aadhaar enrolment relaxation for Moran and Matak communities, zero agricultural tax up to the prescribed net-income threshold, OBC Non-Creamy Layer certificates, and trainee and graduate-assistance funding. Government jobs will be provisionally held pending police verification, with automatic confirmation where no report is submitted within six months. Jail rules will be amended to promote non-discrimination, sanitation, security and fair work allocation.
August 11, 2026
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Money-laundering investigation into alleged liquor-sale proceeds led to arrest and custodial questioning amid contested political allegations.
Money-laundering investigation concerning an alleged liquor scam led to the Enforcement Directorate's arrest of Ramgopal Agrawal and seven days' custodial remand under the Prevention of Money Laundering Act. The agency alleged his connection with proceeds of crime, non-attendance despite multiple summonses, and evasiveness during questioning. Allegations concern purported control of the state excise department, illegal liquor sales, and sharing of commissions. The Congress has denied the allegations and described the investigation as politically motivated.
August 11, 2026
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GST inquiry closure bribery allegations prompted anti-corruption proceedings against a Sales Tax officer under corruption law.
Alleged bribery in GST inquiry closure led to the arrest of a Sales Tax Assistant Commissioner after a scrap trader complained of a demand for illegal gratification to close an inquiry initiated through a GST show-cause notice. Anti-corruption officials reportedly verified the allegation through intermediaries, during which the officer allegedly agreed to accept payment for closing the matter. A criminal case was registered under the Prevention of Corruption Act, with further investigation ongoing.
August 11, 2026
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Direct tax collection growth reflected stronger non-corporate taxes and securities transaction tax receipts alongside slower refund issuances.
Net direct tax collections increased by 23 per cent to over Rs 8.11 lakh crore through August 10, driven by higher non-corporate tax collections and slower refund growth. Gross direct tax collections grew by 19.75 per cent to about Rs 9.55 lakh crore. Net corporate tax collections rose about 20 per cent, net non-corporate tax collections rose 23 per cent, and Securities Transaction Tax collections increased 51 per cent. Refund issuances grew by 3.8 per cent year-on-year.
August 11, 2026
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Vicarious liability in cheque dishonour cases cannot attach to trust associates without statutory status or transaction-specific involvement.
Vicarious criminal liability for cheque dishonour under section 141 of the Negotiable Instruments Act does not extend to a trust, because a trust is not a juristic person. A person cannot be summoned merely for alleged active involvement in a trust where the person was neither drawer nor signatory of the cheques, trustee, office-bearer, authorised account operator, guarantor, or executor of transaction documents.
August 11, 2026
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Cross-border payment integration through CBDCs and fast payment systems remains under BRICS discussion to reduce transfer costs.
Cross-border payment integration is under discussion through potential linkages between central bank digital currencies and fast payment systems, including UPI-type platforms. These approaches seek faster and less costly trade and remittance transfers, particularly retail payments, but remain at a discussion stage. Rupee internationalisation is also being pursued through central-bank memorandums of understanding for bilateral trade settlement in local currencies, with existing arrangements covering Indonesia, Maldives, Mauritius and the UAE.
August 11, 2026
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Integrated infrastructure planning under PM GatiShakti coordinates project evaluation, multimodal connectivity, geospatial data use, and decentralized implementation.
PM GatiShakti National Master Plan provides an integrated, data-driven infrastructure planning framework using geospatial data, satellite imagery and API integration. Project approval, implementation and funding remain with the respective Central Ministries, Departments and States or Union Territories under their own plans and budgetary provisions; the framework sets no separate budgetary allocation or quantified targets. The Network Planning Group evaluates critical Central Government projects at the planning stage for multimodality, synchronisation, last-mile connectivity, comprehensive local development and coordinated decision-making.
August 11, 2026
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MSME procurement through GeM has expanded alongside analytics-driven controls against suspicious bidding, collusion, and vendor misconduct.
GeM uses AI/ML analytics to detect order splitting, suspicious bidding, abnormal pricing, repeated participation and potential buyer-seller collusion. Flagged cases are placed before buyer organisations for review and action, while suspected cartels are assessed through digital-footprint, pricing and bid-timing indicators. Its Incident Management framework addresses false documents, fraud, collusive behaviour and other misconduct through administrative measures, including suspension. Anti-competitive conduct and cartel formation are Severe/Grave deviations, with proven cases attracting suspension for up to 365 days.
August 11, 2026
Show AI Summary
Direct tax collections show stronger corporate, non-corporate and securities transaction tax receipts, alongside increased refunds during the fiscal period.
Net direct tax collections grew by 23.09 per cent to over Rs 8.11 lakh crore up to August 10 of the current fiscal year, while gross direct tax collections increased by 19.75 per cent to about Rs 9.55 lakh crore. Corporate tax, non-corporate tax including personal income tax, and Securities Transaction Tax receipts recorded growth. Refunds issued between April 1 and August 10 also rose over the corresponding earlier period. Direct tax collections are budgeted at Rs 26.97 lakh crore for the fiscal year.
August 11, 2026
Show AI Summary
Mobile food testing laboratory accreditation expands quality-assured testing access and supports coordinated food-safety surveillance and regulatory efficiency.
NABL has launched an Accreditation Scheme for Mobile Food Testing Laboratories under the Integrated Assessment Programme. The framework enables mobile laboratories to provide reliable, quality-assured and internationally benchmarked food-testing services closer to communities, extending accredited testing beyond conventional laboratory settings. It is intended to strengthen food-safety surveillance, improve access to quality testing, support faster regulatory intervention and enhance consumer confidence. Coordinated assessments, regulatory harmonisation and mutual recognition are also intended to reduce duplication and improve regulatory efficiency while maintaining quality and compliance standards.
August 11, 2026
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Digital public procurement will expand AI-led price intelligence, marketplace integrity, inclusive access, credit linkages and sustainable purchasing.
Government e-Marketplace is advancing an AI-enabled public procurement ecosystem focused on efficiency, transparency, competition, price intelligence and marketplace integrity. Priorities include last-mile access through Suvidha Kendras, integration of public entities, credit linkages, sustainable procurement and university outreach. A nationwide five-digit Helpdesk short code, 14550, mapped to existing infrastructure, is intended to maintain service continuity and improve access to support and official communications. The platform seeks to provide enterprises with a more accessible and predictable procurement market and buyers with a data-driven procurement experience.
August 11, 2026
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Expedited flood insurance claims require insurers and partners to simplify documentation and provide immediate service to affected policyholders.
Expedited insurance-claim handling for flood-affected policyholders in Assam is being pursued through simplified documentation, prompt settlement and immediate service response. PolicyBazaar is coordinating with insurer partners to reduce processing delays. The Insurance Regulatory and Development Authority of India has directed insurers, including life insurers and standalone health insurers, to mobilise resources for immediate assistance, alongside governmental efforts for expeditious and hassle-free claim disposal.
August 11, 2026
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Money laundering investigation in alleged liquor scam leads to arrest and proposed custodial-remand proceedings under anti-money-laundering law.
Money laundering investigation concerning an alleged liquor scam in Chhattisgarh led to the arrest of Congress leader Ramgopal Agrawal under the Prevention of Money Laundering Act. Custodial remand is to be sought for interrogation. The allegations concern an alleged syndicate that purportedly controlled the state excise department, enabled illegal liquor sales and distributed resulting commissions. Chargesheets name political figures, excise officials and officials associated with the Chief Minister's Office.
August 11, 2026
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Money-laundering investigation into an alleged liquor scam leads to arrest and proposed custodial interrogation under the prevention law.
Money-laundering investigation under the Prevention of Money Laundering Act concerns an alleged liquor scam in Chhattisgarh. A former state political party treasurer has been arrested for alleged involvement and is to be produced before a local court for a request for custodial interrogation. The alleged scheme is stated to have involved control of the state excise department by a criminal syndicate, with multiple accused named in six chargesheets.
August 11, 2026
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Immediate FIR registration for every missing person is mandatory, with missing children treated as suspected kidnapping or abduction cases.
Immediate FIR registration is required whenever information is received that any person is missing, irrespective of age or gender, without preliminary inquiry. Missing-person FIRs must include relevant provisions concerning kidnapping and trafficking. A missing child must be treated from the outset as a suspected case of kidnapping or abduction. States and Union Territories may face contempt action for non-compliance. Traced children should ordinarily be restored to their families within 24 hours unless trafficking or exploitation by the family is suspected.

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Customs, DGFT & SEZ

Union Minister of Commerce & Industry, Shri Piyush Goyal inaugurates APEDA’s first Office in Patna marking a new chapter in Bihar’s Agri-Export Journey

September 12, 2025

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Landmark initiative to empower Farmers, FPOs, FPCs and boost global market access for agriculture and processed food produce, GI-tagged and One District One Product (ODOP) produce from Bihar

Empowering Agri-Exports: Union Minister, Shri Piyush Goyal flagged off 7 Metric Ton consignment of GI-tagged Mithila Makhana for New Zealand, Canada and the USA

In a significant step towards transforming Bihar into a powerhouse of agricultural and processed food exports, Union Minister of Commerce & Industry, Shri Piyush Goyal inaugurated the Regional Office of the Agricultural and Processed Food Products Export Development Authority (APEDA) in Patna at the Bihar Idea Festival held on 11th September, 2025 in Patna, Bihar. The momentous occasion was graced by the Deputy Chief Minister of Bihar, Shri Samrat Chaudhary, and  Minster Industries, Bihar Sh. Nitish Mishra alongside senior officers of the  Government of Bihar, APEDA leadership, entrepreneurs, FPOs and farmer groups.

Bihar’s rich agri-ecosystem is home to a diverse range of high-potential agri-produce, from Shahi Litchi, Jardalu Mango, Mithila Makhana and Magahi Pan to staple grains and a vibrant mix of fruits and vegetables. The Geographical Indication (GI) tags attached to several of these products elevate their global appeal, giving Bihar a unique edge in the international agri-trade arena.

The establishment of APEDA’s Patna Office heralds a new era for Bihar’s agrarian economy, offering farmers, producers and exporters direct access to registration, advisory services, market intelligence, assistance in certification, facilitation of export procedures, market facilitation, infrastructure development and international trade opportunities. Until now, exporters from Bihar were reliant on APEDA’s regional office in Varanasi. The new office will offer direct support to FPOs, FPCs and exporters significantly reducing turnaround time for addressing exporter queries and strengthening coordination with state-level institutions.

Speaking on the occasion, Shri Piyush Goyal stated, “The opening of the APEDA Regional Office in Patna is not just an administrative milestone—it is a mission to integrate Bihar’s farmers with the global economy. Our farmers, entrepreneurs and exporters have the potential to feed the world. With the right support, Bihar will emerge as a leader in high-value, sustainable agri-exports.”

Echoing the sentiment, the Deputy CM commended the Centre’s initiative and reaffirmed Government of Bihar’s commitment to creating an enabling environment for farmer-led growth and export readiness. APEDA’s continuous support through capacity building, market linkage and quality enhancement has played a pivotal role in making these exports a reality.

Adding a historic touch to the inaugural event, a 7 metric ton consignment of GI-tagged Mithila Makhana was flagged off for New Zealand, Canada and the USA. The export was executed by a woman entrepreneur Ms. Neha Arya, founder of Nehashi from Darbhanga, Bihar, a testament to APEDA’s commitment to inclusive and gender-sensitive trade promotion.

The story of Ms. Arya stands as a strong encouragement to women-led entrepreneurship in Bihar while highlighting the growing global appetite for Bihar’s high-value, GI-tagged produce and provides a shining example of cooperative federalism, reflecting Government of India’s commitment to the people of Bihar by providing institutional support provided by the Ministry of Commerce and Industry through APEDA and Government of Bihar.

This initiative reflects APEDA’s ongoing efforts to promote inclusive growth by empowering women-led enterprises and integrating rural producers into global value chains. This shipment serves as a testament to the growing export readiness of women entrepreneurs in Bihar’s agri-sector.

As a result of sustained efforts, Bihar has achieved several export milestones. GI-tagged Mithila Makhana has already been exported to the UAE and USA in 2024–25. In 2023, GI-tagged Jardalu Mango also made its way to international markets. Traditional sweets like Tilkut and Til Laddu, and fruits such as Shahi Litchi, are now finding global buyers, showcasing the unique value of Bihar’s indigenous produce.

Over the last three years, APEDA has implemented a comprehensive engagement strategy in Bihar to strengthen the state’s agri-export ecosystem. This has included capacity-building programs—both physical and virtual—to train farmers, Farmer Producer Organizations (FPOs), exporters and other stakeholders on global quality standards, packaging, logistics and international compliance protocols. To provide practical exposure, APEDA facilitated international visits for FPOs and stakeholders to destinations such as the UAE and domestic centers of excellence in Maharashtra and Uttar Pradesh, including IIVR, IRRI and CISH Lucknow, enabling participants to gain critical insights into best practices in post-harvest handling, quality assurance and export documentation. Special emphasis was laid on promoting sustainable packaging for GI-tagged Shahi Litchi in Muzaffarpur, while strategic collaborations with state departments, universities and agri-research bodies like NRC Litchi and NRC Makhana enhanced technical know-how and value chain efficiencies. Further, to connect Bihar’s agri-produce with global markets, an International Buyer-Seller Meet (IBSM) was jointly organized by the Ministry of Food Processing Industries, APEDA and the Government of Bihar on 19–20 May, 2025, at Gyan Bhawan in Patna, where over 70 international buyers from 22 countries participated alongside 40+ key domestic exporters, five agri trade associations and other stakeholders.

The opening of the APEDA office in Patna, along with the successful flag-off of international Makhana shipments, marks the beginning of a new era for Bihar. The APEDA office in Patna marks more than just a new building; it represents a gateway to prosperity for thousands of farmers, agripreneurs, women-led enterprises, FPOs, FPCs, start-ups and budding young exporters across Bihar. It brings institutional strength, market access and technical guidance directly to the grassroots. With sustained support from APEDA and the Ministry of Commerce and Industry, Bihar is set to emerge as a vibrant hub for high-value, sustainable and inclusive agri trade.

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