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    Gross and Net GST revenue collections for the month of September, 2026
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    5th Kautilya Economic Conclave to be held in New Delhi from 3 to 5 October 2026 under the theme “Resilience in an Age of Flux”
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October 1, 2026
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GST revenue collection reporting distinguishes gross and net collections for a monthly period without further collection particulars.
GST revenue collection reporting for September 2026 concerns both gross and net collections. Both collection categories are identified for that monthly period, without any stated amount, component-wise breakup, computation basis, adjustment mechanism, comparison with earlier periods, taxpayer obligation, administrative process, or legal consequence. No assessment, recovery, refund, credit, or enforcement position is indicated. Their relationship, inclusions, exclusions, and treatment are not specified.
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.
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.

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India Leads Historic 20th Tipitaka Chanting Ceremony, Reawakening Buddhism’s Motherland

October 16, 2025

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Mumbai (Maharashtra) [India], October 16: Recently, A press conference was held at the Press Club in Mumbai to announce the 20th International Tipitaka Chanting Ceremony, scheduled to take place from December 2–13, 2025, at the Sacred Seat of Enlightenment in Bodhgaya, Bihar. Organized by seventeen Buddhist organizations from across India, this milestone event celebrates two decades of spiritual unity and the revitalization of the Buddha’s teachings under the sacred Bodhi Tree. The press conference was graced by esteemed dignitaries, including ITCC President Most Venerable Bhante Sanghasena, Secretary General Most Venerable Bhante Vinay Rakkhita, Vice President Most Venerable Bhante Agradhamma, and Treasurer Venerable Ayya Sakya Dhammadeena, who shared their vision for this historic gathering. Since its inception in 2006, the International Tipitaka Chanting Ceremony has grown into the largest international Buddhist event in South East Asia and India, uniting monastics and lay devotees from around the world to celebrate and revitalize the Dharma in the land where the Buddha attained enlightenment. This year, India takes the lead in hosting this noble tradition, reaffirming its role as the motherland of global Buddhism. A Global Gathering for Peace and Spiritual Revival The 10-day festival will bring together over 20,000 Indian monks and laypeople, including 10,000 devotees from Maharashtra, and more than 5,000 international monastics from Thailand, Myanmar, Sri Lanka, Cambodia, Laos PDR, Vietnam, Indonesia, Nepal, Bangladesh, and the United States. Over 1,000 volunteers from across India, including 500 from Maharashtra, will dedicate their service to support the event. The ceremony will feature daily recitations of the Buddha’s teachings in Pali under the Bodhi Tree, discourses by Buddhist Dhamma gurus, question-and-answer sessions, an art gallery, cultural performances by artists from India and abroad, and a vibrant exchange of ideas and cultures. A highlight of this year’s event is the consecration and donation of 220 four-foot golden Buddha statues, handcrafted in Odisha, to lay devotees and communities across India. These statues, symbolizing wisdom and compassion, will serve as spiritual foundations for new temples, meditation centers, and community spaces, marking the resurgence of Buddhism in its sacred homeland. Event Highlights The ceremony will commence on December 2, 2025, with a grand international Buddhist parade at 8:00 a.m., featuring pandals representing Buddhist nations in a resplendent display of devotion and unity. Thai and Vietnamese devotees will offer magnificent floral decorations, with vivid blossoms honoring the Buddha beneath the Bodhi Tree. The event will conclude on December 13 with a commemorative walk from Jethian Valley to the Mango Grove of Rajgir, retracing the Buddha’s footsteps, with over 1,000 pilgrims from 22 countries expected to join this historic yatra. Confirmed dignitaries for the opening ceremony include Pema Khandu, Chief Minister of Arunachal Pradesh; Chowna Mein, Deputy Chief Minister of Arunachal Pradesh; and Wangki Lowang, Minister of Forest & Environment, Mining & Minerals, Government of Arunachal Pradesh. Invitations have been extended to Mohammad Arif Khan, Governor of Bihar; Kiren Rijiju, Union Minister (December 6); Ramdas Athawale, Minister of State for Social Justice & Empowerment (December 7); and Nitin Gadkari, Union Minister, for the closing ceremony on December 12. Economic and Cultural Impact: The event is expected to generate approximately 20 crore in business for Bodhgaya and its surrounding areas, significantly boosting the local tourism and hospitality sectors. With chartered and scheduled flights bringing international pilgrims, the ceremony underscores Bodhgaya’s importance as a global spiritual hub. Voices of Inspiration: Wangmo Dixey, Executive Director of the Light of Buddhadharma Foundation International (LBDFI) and founder of the event, shared: “It is a great honor to bring the sound of Dharma back to the Motherland of India. Each recitation under the Bodhi Tree carries a wish for peace—not just for ourselves, but for all beings. In these urgent times, our prayers in Bodhgaya become a global call for unity, compassion, and harmony.” Most Venerable Bhante Sanghasena, President of ITCC–India, reflected: “For twenty years, the International Tipitaka Chanting Ceremony has served as a sacred bridge connecting the Buddha’s homeland with Buddhist nations worldwide. Beneath the Bodhi Tree, the voices of the Sangha rise together as one—transcending borders, traditions, and languages. I express my deep appreciation to Most Venerable Tarthang Tulku Rinpoche and Ms. Wangmo Dixey, whose noble vision and tireless efforts gave birth to this extraordinary spiritual movement. This ceremony is a spiritual renaissance for humanity, reminding us that the Buddha’s timeless wisdom continues to illuminate our world today. I wholeheartedly invite all to join this historic gathering.” Supporting the Sangha and Attendees A 30,000-square-foot food tent at the Kalachakra grounds beside the Mahabodhi Temple will provide free meals to all participants, with daily dāna offerings hosted by lay devotees and Buddhist organizations in a spirit of generosity and fellowship. About the Organizers The event is organized by the Light of Buddhadharma Foundation International (LBDFI) in collaboration with the International Tipitaka Chanting Council (ITCC), dedicated to preserving and promoting the Buddha’s teachings through prayer gatherings and pilgrimages. For more information, visit www.lbdfi.org and www.tipitakachantingcouncil.org. The 20th International Tipitaka Chanting Ceremony invites all to join this historic gathering to lend their voices to the sacred chanting and their hearts to the preservation of the Buddha Dhamma. (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI

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