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    Government Extends Remission of Duties and Taxes on Exported Products ( RoDTEP) Scheme upto 31st December 2026
    DRI cracks down on illegal wildlife trafficking; elephant ivory, leopard skin, live pangolins and tiger parts seized; 11 persons arrested
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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
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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.
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.

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India's dairy sector grows 70 pc in past 11 years: Amit Shah

October 3, 2025

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Rohtak, Oct 3 (PTI) Union Home Minister Amit Shah on Friday said India has made significant strides in the dairy sector over the past 11 years, noting that it has grown by 70 per cent during this period and is now the fastest-growing sector in the world.

He said that under the leadership of Prime Minister Narendra Modi, India's dairy sector has expanded by 70 per cent in terms of capacity.

In the world, India's dairy sector is the fastest-growing, Shah said after inaugurating the newly constructed Sabar Dairy Plant facility in Industrial Model Township here as part of efforts to promote the cooperative sector.

Built for Rs 325 crore, the plant will house state-of-the-art machinery and is expected to generate direct and indirect employment.

The newly inaugurated Sabar Dairy plant here is the country's largest production facility for curd, buttermilk, and yogurt, with a daily capacity of 150 metric tonnes of curd, 3 lakh litres of buttermilk, 10 lakh litres of yogurt, and 10 metric tonnes of sweets.

Gujarat-headquartered Sabarkantha District Cooperative Milk Producers' Union is known as Sabar Dairy.

Shah, who also holds the cooperation portfolio, said that over the past four years, this ministry, in collaboration with all state governments, has worked to lay a strong foundation of cooperatives.

"I want to assure you that by 2029, not even one Panchayat will be there in the country, which will not have a cooperative society," Shah said.

He said the milk production has increased from 146 million tonnes in 2014-2015 from 146 million tonnes to 239 million tonnes in 2023-24.

As many as eight crore farmers are connected with the dairy sector, and the per capita milk availability, which was earlier 124 grams, is now 471 grams, he added.

During the last 11 years, a lot of changes have taken place in the dairy sector because of which farmers have become prosperous, he further said, adding that India has emerged as the top milk producer in the world.

Shah also mentioned the White Revolution 2.0 initiative.

He stated that our current milk processing capacity is 660 lakh litres per day, and our target is to increase this to 100 million litres by 2028-29.

There is an increase in the milk procurement under the cooperative sector, and its profit goes directly to our farmer mothers and sisters engaged in the dairy sector, he noted.

In the last one year, around 33,000 cooperatives have been registered, he further said.

The milk of the indigenous cattle breed, which is beneficial for health, increased from 39 million tonne to 50 MT, he said.

"In the past 11 years, many changes have taken place in the dairy sector, and because of which, our farmers have been empowered," Shah added.

We will also develop a system so that the country has the world's most modern plants in India, the minister said.

About Sabar Dairy's new plant here, Shah said it will meet the needs of the entire National Capital Region and Northern states.

Sabar Dairy serves farmers of Rajasthan, Haryana, Maharashtra, Punjab, Uttar Pradesh and Bihar.

In Haryana, it will reach everywhere, which will increase the income of farmers, he further said.

Shah also said that in terms of per capita milk availability, Haryana consistently ranks between first and third place every year.

Shah stated that Sabar Dairy, which began in Gujarat's Sabarkantha district, has created vast opportunities for milk producers across nine states.

Through cooperative dairy, 35 lakh women in Gujarat are doing business of Rs 85,000 crore, the minister said.

Meanwhile, Shah said, under the White Revolution 2.0, over 75,000 dairy cooperatives will be set up in the country.

Besides, 46,000 cooperative societies will be strengthened, he added.

Shah also informed about the government's decision to establish three new multi-state cooperative societies for the dairy sector.

The first society will focus on 'animal feed production, disease control and artificial insemination', the second will promote 'developing cow dung management models' and the third will promote 'circular use of dead cattle remains'.

The government brought the National Gokul mission, ran the national artificial insemination programme and set up the animal husbandry infrastructure development fund, he said.

"We will also develop a system so that the country has the world's most modern plants in India, and there is work on research and development." He also mentioned the launching and modernising of various dairy and cooperative projects associated with the National Dairy Development Board (NDDB).

The minister said that under Amul's leadership, extensive scientific work has been carried out in Gujarat on modern breeding technologies, such as embryo transfer and sex-determination.

These technologies should also be made available to livestock farmers in Haryana.

Along with this, there is a need to promote beekeeping and organic farming in the state.

He also mentioned that several successful experiments on biogas have been carried out in Gujarat, and such initiatives should also be implemented in Haryana.

Haryana Chief Minister Nayab Singh Saini, Gujarat Vidhan Sabha Speaker Shankarbhai Chaudhary, Union Ministers of State Rao Inderjit Singh and Krishan Pal, Gujarat Minister Bhikhusinh Parmar, Chairman, Sabar Dairy, Shamalbhai B Patel, Amul chairman Ashok Chaudhary and Haryana Minister Arvind Sharma, Haryana BJP president Mohan Lal Badoli were among others present at the event. PTI SUN CHS VSD BAL BAL

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