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    MSRTC won't face fuel supply issue for next 2 months, but there is no plan B, says minister
    CBDT notifies rules for simplified income tax law, to be effective from April 1
    MRO services in India to grow to USD 5.7 billion by 2030
    IEA advocates work from home, reduced air travel to tackle oil shock
    Uttarakhand GST scam: Officials float firms, make dealings with dubious company to unearth evasion
    SC rejects another PIL alleging violation of wildlife norms by Vantara
    HDFC Bank chairman quits; bank says 'baffled' as Chakraborty declines to detail ethics concerns
    'Sense of worry among exporters': Govt approves Rs 497 cr 'RELIEF' scheme amid West Asia disruptions
    NICDC to Anchor Implementation of BHAVYA Scheme for Development of 100 Industrial Parks
    Chakraborty was asked to reconsider resignation, elaborate on concerns, change language in letter: HDFC Bank CEO
    CIC flags Aadhaar update delays, asks UIDAI to fix timelines
    Government approves RELIEF (Resilience & Logistics Intervention for Export Facilitation) – an intervention under Export Promotion Mission to support...
    Govt classifies energy data as national security matter; mandates disclosure across oil, gas chain
    Foreign Travel Insurance Guide: A List of Vital Documents for Immigration and Customs This Vacation Season
    Govt launches Rs 497-cr 'RELIEF' scheme to help exporters hit by West Asia crisis; sets up IMG
    TN surpasses Gujarat, Maharashtra to become India''s top textile exporter
    Built on Service, Trust and Quality: How Alpex Pharma Became the Manufacturing Partner Pharma Brands Rely On
    GSTAT/Pr. Bench - User Advisory for the GSTAT E-Filing Portal
    UP: Man arrested for involvement in gang manufacturing forged Aadhaar cards
    TN surpasses Gujarat, Maharashtra to become India's top textile exporter
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March 20, 2026
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Fuel supply security ensured short term by priority allocations, but no contingency plan exists for prolonged disruption.
MSRTC's diesel supply is secured for the next two months by central priority allocations and Indian Oil Corporation deliveries, but the corporation has no contingency plan if supplies stop. The fleet of around 15,800 buses depends on diesel; electric buses are too few to substitute meaningfully. Competitive tendering has produced higher per litre discounts and projected annual procurement savings, while MSRTC continues to carry substantial accumulated operational losses and anticipates higher fuel costs with the planned induction of additional diesel buses.
March 20, 2026
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House Rent Allowance rules revised to expand higher-city relief and require landlord-tenant disclosure for exemption claims.
The notification establishes Income-tax Rules effective April 1 to implement the simplified Income-tax Act, preserving a refined House Rent Allowance framework with higher-city treatment and mandatory landlord-tenant disclosure for HRA claims; it tightens capital gains, non-resident taxation and stock-exchange rules, prescribes inclusion of pre-conversion holding time for converted securities when determining holding period, and imposes expanded auditor and corporate verification duties alongside over one hundred and fifty official forms.
March 20, 2026
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MRO sector expansion driven by fleet and airport growth, enabled by trade and investment reforms supporting domestic aerospace capacity.
Projected expansion of India's MRO market to 5.7 billion USD by 2030 is driven by fleet and airport capacity growth and enabled by policy reforms such as ratification of the Cape Town Convention, liberalised foreign direct investment, and reductions in GST and customs duties on aviation components. Special economic zones, greenfield airport projects and offset driven reinvestment support manufacturing and leasing, while accelerated logistics, skilled personnel and higher value engine and component overhaul capabilities remain essential to realise the forecast.
March 20, 2026
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Demand reduction measures recommended to ease oil shock, prioritise targeted consumer relief and transport demand management.
The IEA recommends immediate demand side measures-remote work, lower highway speeds, reduced business air travel, expanded public transport, LPG use restriction for non essentials, and improved driving and industrial fuel efficiency-to cut oil and refined product consumption. It advises targeted fiscal relief for vulnerable consumers due to limited fiscal space, highlights coordinated strategic stock releases as a supply response, and stresses restoring Strait of Hormuz transit as essential for stabilising markets while prioritising demand reduction to ease macroeconomic pressures.
March 19, 2026
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Undercover GST investigation exposes supplier using closed firms to suppress sales, prompting seizure and ledger blockage.
Uttarakhand GST officials covertly floated and staffed firms to engage a supplier suspected of evading GST by misusing closed-entity names and suppressing sales; documents on sales, purchases, stock movement and financial transactions were seized during a search and seizure, recoveries were deposited to the GST exchequer and ledgers blocked pending forensic analysis.
March 19, 2026
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Validity of import permits affirmed; documented wildlife imports under valid permits cannot be later invalidated.
The court accepted the Special Investigation Team's finding that no violations were found under domestic statutes or the Convention on International Trade in Endangered Species, and noted the CITES Secretariat also found no missing documentation or evidence of commercial importation. Emphasising finality of authorised administrative acts, the court held that imports made under valid permits with requisite documentation cannot be subsequently treated as prohibited merely because objections are raised later, and dismissed the duplicative petition.
March 19, 2026
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Corporate governance concerns after a chairman's ethics based resignation prompt interim leadership and regulator engagement.
An abrupt resignation by the part time non executive chairman citing differences over values and ethics-without specific allegations-triggered board engagement, a Nomination and Remuneration Committee disclosure, appointment of an interim chairman, and regulatory consultation; the bank and regulator publicly reported no material governance concerns while market confidence reacted to the leadership change.
March 19, 2026
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Export relief scheme RELIEF extends obligations and subsidises freight/insurance to ease conflict linked logistics disruptions for exporters.
The RELIEF scheme, implemented by ECGC under the Export Promotion Mission with a dedicated financial outlay, provides targeted, time bound measures for exporters affected by West Asia conflict related logistics disruptions. It includes automatic extension of export obligations for Advance Authorisations and EPCG authorisations without penalty, facilitation of ECGC coverage for forthcoming consignments, and partial reimbursement of extraordinary freight and insurance costs for MSMEs lacking ECGC cover. The scheme applies to consignments destined for or transhipped through specified Gulf and West Asia markets and is subject to dashboard monitoring and periodic review by the EPM Steering Committee.
March 19, 2026
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Plug-and-play industrial parks to streamline permits and infrastructure, accelerating establishment of manufacturing ecosystems and investment readiness nationwide.
NICDC will implement the BHAVYA scheme to develop 100 plug-and-play industrial parks with pre-approved land, ready infrastructure, integrated services and streamlined approval mechanisms including single-window systems, aligned to multimodal connectivity and infrastructure planning (including underground utilities) to ensure investment-ready industrial ecosystems.
March 19, 2026
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Ethics concerns prompted board inquiry and regulator engagement, leading to interim chair appointment to preserve governance continuity.
The chairman's resignation citing ethical misalignment prompted the board to seek specific instances and request withdrawal of certain language; unable to secure clarity, the Nomination and Remuneration Committee engaged the banking regulator, which appointed an interim chair to ensure governance continuity. Management maintained there were no substantive issues warranting resignation, described an overseas investigation as closed with accountability fixed, and directed the NRC to address executive reappointment and chairman selection under standard succession processes.
March 19, 2026
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Aadhaar update timelines: call for time bound processing and stronger grievance redressal to reduce RTI and litigation.
Delays and lack of clarity in processing Aadhaar demographic update requests, notably date of birth corrections, led the Commission to urge UIDAI to adopt clear timelines and time bound disposal procedures and to strengthen grievance redressal and public awareness so citizens need not resort to RTI or court petitions.
March 19, 2026
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Export relief scheme RELIEF supports exporters with enhanced insurance cover and reimbursements amid West Asia logistics disruptions.
RELIEF is a time bound Export Promotion Mission intervention designating ECGC Ltd. as the nodal implementing agency to provide enhanced risk coverage for ECGC insured consignments during the disruption period, supported ECGC cover for forthcoming shipments over a defined three month window, and a partial reimbursement mechanism for eligible non insured MSME exporters to offset extraordinary freight and insurance surcharges, subject to documentary verification and notified ceilings; implementation is funded from an approved EPM outlay and monitored via dashboard and periodic steering committee review.
March 19, 2026
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Energy data classified as national security mandates real time disclosure across oil and gas supply chains to central agency.
The Petroleum and Natural Gas (Furnishing of Information) Order, 2026 classifies energy data as national security and requires entities across the petroleum and natural gas supply chain to furnish production, imports, exports, stocks, storage, allocation, transportation, supply, consumption and utilisation data, aggregated or disaggregated by geography, time or consumers, to PPAC in such form, manner, electronic platform and periodicity as specified, and overrides contractual confidentiality or commercial sensitivity claims.
March 19, 2026
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Travel Document Requirements: carry passport, visa, insurance and proof of funds to smooth immigration checks.
Entry into foreign jurisdictions requires organised proof of identity, travel authorisation and intent: carry a valid passport, visa or electronic travel authorisation, proof of onward or return travel and an accessible itinerary in cabin baggage with digital backups. Carry travel insurance documents-policy certificate, coverage summary and emergency contacts-saved offline when required by entry rules. Also present accommodation confirmations, financial evidence and destination-specific health documentation such as vaccination certificates, prescriptions and medical device notes. Consolidate these papers in a single folder and ensure consistency of names and dates across documents.
March 19, 2026
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Export relief scheme extends export obligations and offers logistical and financial support to exporters affected by West Asia conflict.
The government launched a targeted export support scheme to assist exporters disrupted by the West Asia conflict, with ECGC as implementing agency and an inter ministerial group coordinating daily. The scheme covers consignments to specified West Asia destinations and comprises three components: automatic, penalty free extension of Advance Authorisation and EPCG export obligations and protection of insured shipments over an immediate one month window; measures to promote ECGC coverage for upcoming consignments over a three month period; and targeted partial reimbursement of extraordinary freight and insurance costs for MSMEs not covered by ECGC during a specified one month period.
March 19, 2026
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Textile export leadership: Tamil Nadu tops India in textile shipments, surpassing Gujarat and Maharashtra in 2024-25.
Tamil Nadu leads India in textile exports for fiscal year 2024-25 with shipments of USD 7,997.17 million, up from USD 6,193.39 million in 2020-21 and representing 21.84% of national textile exports; Gujarat and Maharashtra follow in second and third place. The National Import-Export Record for Yearly Analysis of Trade is cited as the source, and the state credits cross-departmental schemes for the multifaceted export growth.
March 19, 2026
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GMP compliance as a market access tool: certified divisional containment and neutral code manufacturing enable regulated exports and client reliability.
Alpex Pharma is a certified third party manufacturer holding WHO GMP, GMP, GLP and Ghana GMP credentials, operating three fully separated divisions (General, Beta Lactam, Cephalosporin) with dedicated containment and compliance architectures to prevent cross contamination, enable export compliance, and support neutral code manufacturing partnerships alongside a client centric account management model aligned to regulatory and commercial timelines.
March 19, 2026
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GSTAT e-filing guidance sets out role selection, document upload, payment, digital signing, and filing number generation.
GSTAT e-filing for appeals requires advance preparation through the offline draft Excel sheet, role selection, sequential completion of the appeal form, upload of PDF documents within the prescribed size limit, payment of appeal fee through the approved modes, and digital signing for final submission. The advisory also highlights mandatory vakalatnama requirements for certain representatives, entry of demand details where APL-04 is unavailable, and payment of the pre-deposit required under section 112(8). Successful filing generates a filing number and acknowledgement.
March 19, 2026
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Aadhaar forgery: arrest and seizure of devices as suspect taken for further interrogation and investigation.
Allegations concern a gang producing forged Aadhaar cards and the arrest of an individual alleged to have provided technical assistance to that syndicate; electronic devices and documentary material were recovered during a raid and the suspect was transferred for further interrogation as part of an ongoing inter-district probe.
March 19, 2026
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Textile export leadership shifts as Tamil Nadu becomes nation's top textile exporter, surpassing Gujarat and Maharashtra.
Tamil Nadu has become India's leading state in textile exports for fiscal 2024-25, surpassing Gujarat and Maharashtra, according to national import-export data compiled on a centralised trade-data platform; the state's rise is attributed to coordinated departmental schemes and planned policy measures driving multifaceted growth in the textile sector.

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Japan's Leading Crypto Tax Platform, cryptact, Introduces INR-Priced Plans for India - 30% Off Through July 2026 to Support Tax Filing Season

April 1, 2026

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New Delhi, Delhi, India – Business Wire India cryptact, Japan's leading crypto tax platform with over 200,000 users since 2017, now serving investors across Japan, Canada, and India, today announced the launch of INR-denominated pricing plans for Indian users, effective April 2026. Since expanding into India in July 2025, cryptact has positioned its initial rollout as a trial period, offering its full suite of crypto tax calculation and portfolio tracking tools completely free of charge. This allowed thousands of Indian investors to experience the platform's capabilities firsthand and simplify their Virtual Digital Asset (VDA) tax reporting. Starting in April 2026, cryptact will fully commit to the Indian market by introducing paid INR-priced plans, enabling the company to deliver higher-quality services and features that better respond to the evolving needs of Indian crypto investors. Why Now India's crypto tax landscape demands precision. With a flat 30% tax on VDA gains, a 1% TDS on transactions, and no provision for loss offsets, accurate record-keeping and timely filing are essential — not optional. As the Income Tax Return filing window for AY 2026–27 runs from April to July, now is the time for crypto investors to get their records in order. For details on India's VDA tax provisions, refer to Section 115BBH of the Income Tax Act, 1961 on the official Income Tax Department website: https://www.incometaxindia.gov.in/w/section-115bbh-1 cryptact automates the complex work of compiling transaction histories across exchanges, DeFi protocols, and wallets, calculating gains and losses under Indian tax rules, and generating Schedule VDA-ready reports — so users can file with confidence and stay fully compliant. New INR Pricing Plans Starting April 2026, cryptact will offer the following plans priced in Indian Rupees: Plan Annual Price (INR) Transactions/Year Basic Rs 699 Up to 300 Prime Rs 2,999 Up to 2,000 Pro Rs 5,999 Up to 10,000 Pro+ Rs 14,999 Up to 50,000 Pro Unlimited Rs 29,999 Unlimited By subscribing to a paid plan, users gain the ability to download the documents required for tax filing. *A Free plan remains available for portfolio tracking and transaction management; however, tax report downloads are not included in the Free plan. Special Launch Offer: 30% Off Through July 2026 To support Indian investors during the critical tax filing season, cryptact is offering a 30% discount on all paid plans through July 31, 2026. No coupon code is needed — the discount is automatically applied at checkout. • Discount: 30% off all paid plans • Valid Until: July 31, 2026 • Applicable To: All paid INR plans • How to Apply: No coupon code required — the discount is automatically applied at checkout CEO's Comment "We are thrilled to bring cryptact's full capabilities to cryptocurrency investors in India. The ITR framework is tightening its regulations to capture crypto income more effectively. We are committed to providing taxpayers with an accurate and efficient calculation solution, bringing peace of mind to their cryptocurrency investments," said Amin Azmoudeh, Co-CEO, pafin Inc. Filing Crypto Taxes — Stay Compliant with Crypto Taxes in India India's tax authorities are increasingly using TDS data and advanced analytics to identify unreported crypto income. Penalties for non-compliance can be severe, including additional tax of up to 60% and potential prosecution. "Whether trading on Indian exchanges, international platforms, or through DeFi protocols, every taxable event must be reported." cryptact makes it easy: • Automatic data import from 137+ exchanges and blockchains via API and wallet connections • Support for 24,000+ cryptocurrencies, including DeFi and NFT transactions • India-specific tax reports, including Schedule VDA-compatible output • Accurate calculations aligned with Section 115BBH and TDS under Section 194S Get Started Today Sign up for free at https://www.cryptact.com/en and take control of crypto tax obligations before the filing deadline. For Existing India Exclusive Plan Users If you are currently subscribed to the India Exclusive Plan, please visit cryptact's Help Center for details on transitioning to the new INR-priced plans: https://support.cryptact.com/hc/en-us/articles/47258802526361#h_01KMPV5MSMXP9GX1AGVD3C8332 About pafin Inc. Services cryptact - Crypto tax calculations: Simplified. – Automatically calculate capital gains, access all the information needed for tax filing, and efficiently manage portfolios — all in one place. Trusted by over 200,000 active users. Website: https://www.cryptact.com/en X account: https://x.com/cryptact_India Company Name: pafin Inc. Date Founded: January 2018 Rep. Directors: Amin Azmoudeh, Co-CEO / Gaku Saito, Co-CEO Location: Frontier Kojimachi 5F, Kojimachi 3-2-4, Chiyoda City, Tokyo, Japan 102-0083 Media Contact Details pafin Inc., [email protected] (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI PWR

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