Bhogapuram airport designated for unloading imported goods and loading export goods under customs notification amendment.
Insertion of entry (d) Bhogapuram into the Table of Notification No. 61/94-Customs (N.T.) designates Bhogapuram airport in Andhra Pradesh for the unloading of imported goods and the loading of export goods or any class of such goods, under powers granted by section 7 of the Customs Act, 1962.

Credit rating agency regulations amended to permit Board specified activities and ratings under other regulators' purview.
Regulation 9(f) is amended to permit credit rating agencies to carry out any other activities as specified by the Board and to carry out ratings of financial instruments under the purview of other financial sector regulators or authorities specified by the Board. The substituted Explanation requires ratings to be in accordance with the respective rating guidelines specified by the relevant regulator or authority and remain under that regulator's purview. The existing proviso to clause (f) is omitted.

Renewal of recognition to AMC Repo Clearing Limited for one year, limited to repo clearing and settlement in debt securities.
Renewal of recognition is granted to AMC Repo Clearing Limited for one year from 17 January 2026 to 16 January 2027, under the statutory recognition framework, subject to compliance with conditions prescribed by rules or specified by the regulator, and on the proviso that the Clearing Corporation shall undertake only clearing and settling of repo and reverse repo transactions in debt securities dealt with or traded on a recognized stock exchange.

National Financial Reporting Authority appoints four specified part-time members under amended appointment rules, effective on Gazette publication.
Amendment revises rule 2 of the 2022 appointment rules to substitute four named part-time members-a Joint Secretary (Ministry of Corporate Affairs), the Deputy Comptroller and Auditor General of India, the Chief Financial Officer (Reserve Bank of India), and an Executive Director (SEBI). The rules are made under the Companies Act authority and take effect on publication in the Official Gazette.

Export and import of goods and services: declarations, timelines, authorised dealer oversight, and mandatory reporting requirements.
These Regulations require exporters to submit an Export Declaration Form (EDF), prescribe fifteen month realisation timelines (eighteen months if invoiced in INR), empower Authorised Dealers to verify genuineness, update/close EDPMS/IDPMS entries, permit limited declaration based closures for small values, allow extensions, reductions, set off and third party payments where bona fides are shown, and mandate Authorised Dealers to maintain SOPs and report transactions in FETERS.

Tariff values for edible oils, brass scrap, areca nut, gold and silver fixed and made operative from the commencement date.
Substitution of Tables 1-3 in the principal Customs (N.T.) notification fixing tariff values in US dollars for specified imported commodities-edible oils, brass scrap, areca nut, and defined forms of gold and silver-with explanatory notes on covered forms and exclusions; the amendment is made under section 14(2) of the Customs Act, 1962 and the new values take effect from the stated commencement date.

Investor Education and Protection Fund Authority appoints an Executive Director as an ex officio Member under Companies Act powers.
The Central Government, exercising powers under sections 125(5) and 125(6) of the Companies Act, 2013 read with Rules 5 and 7 of the IEPF Authority Rules, 2016, substitutes serial number 3 of the principal notification to designate Smt. Sonali Sen Gupta, Executive Director, as an ex officio Member of the Investor Education and Protection Fund Authority.

Corrigenda: textual corrections to multiple 2025 Acts and a regulation, fixing typographical, numbering, and pronoun errors.
Corrigenda make narrow textual amendments to several 2025 enactments and one regulation: correcting typographical errors, clause lettering, subsection cross reference, and pronoun/punctuation usage in the Health Security Se National Security Cess Act, the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Act, the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, and the Lakshadweep (Indian Stamp Amendment) Regulation, with each replacement specified by page and line in the Gazette publication.

Core Settlement Guarantee Fund notified for tax treatment of specified income for AY 2024-25; filing and recognition conditions apply.
Notification under clause (23EE) of section 10 designates the Core Settlement Guarantee Fund (PAN: AAAJA3150B), set up by AMC Repo Clearing Limited, as entitled to the tax treatment for specified income in Explanation (iii) for assessment year 2024-25 and subsequent years, subject to conditions including filing returns under sub-section (4C) of section 139 and continued recognition of AMC Repo Clearing Limited as a clearing corporation.

Normal Butanol imports from EU, Malaysia, Singapore, South Africa and USA: anti-dumping duty extended until 12 July 2026.
Anti-dumping duty continues to apply to imports of Normal Butanol (N-Butyl Alcohol) originating in or exported from the European Union, Malaysia, Singapore, South Africa and the United States; the Central Government, invoking the Customs Tariff Act and applicable anti-dumping rules, inserts a provision keeping the duty in force up to and inclusive of 12th July 2026 unless earlier revoked, superseded or amended.

Stock brokers and clearing members must register, meet networth and conduct standards, and implement surveillance and reporting systems.
These regulations create a framework for registration and regulation of stock brokers and clearing members: procedures for grant or refusal of a certificate, eligibility and fit and proper criteria, conditions on certificates including notification of material changes and prior approval for change in control, and transitional requirements. Registered brokers must maintain prescribed books and records, appoint a compliance officer, protect client funds and securities, implement risk management and cybersecurity, adhere to conduct standards, and comply with surveillance, whistleblower and reporting obligations. Inspections, audits, fee collection, networth and deposit requirements, and enforcement powers are specified.

Gorakhpur Industrial Development Authority tax exemption effective AY 2025-26 under section 10(46A), conditional on specified purposes.
Gorakhpur Industrial Development Authority is notified as an authority for the purposes of clause (46A) of section 10 of the Income-tax Act, with tax exemption on specified income effective from assessment year 2025-26, subject to the condition that the assessee continues to be constituted under the State industrial area development enactment and to have one or more purposes specified in sub-clause (a) of clause (46A); the notification includes a certification that retrospective effect does not adversely affect any person.

Kota Development Authority designated for tax exemption, effective AY2025 26, conditional on statutory constitution.
Notification designates Kota Development Authority (PAN: AAAJK2043D) as a notified authority under sub clause (b) of clause (46A) of section 10 of the Income tax Act, 1961, making specified income eligible for exemption. The designation takes effect from assessment year 2025 26, conditional on the Authority remaining constituted under the Kota Development Authority Act, 2023 and having one or more purposes in sub clause (a) of clause (46A). The explanatory memorandum notes retrospective effect to the year of application and that no person is adversely affected.

Guarantees regulation requires RBI permission and quarterly GRN reporting for resident involvement in guarantees with non-residents.
The regulations prohibit residents from being party to guarantees involving non-residents except with RBI permission or as provided; define key roles and scope; specify exemptions for AD branches, IFSC operations, IPCs for FPIs, and overseas investment guarantees; permit residents to act as surety or principal debtor subject to transaction permissibility and Borrowing and Lending eligibility with limited exceptions; allow resident creditors to obtain guarantees subject to non-prohibition of the underlying transaction; and impose quarterly reporting via a prescribed GRN with a late submission fee formula for delays.

Mussoorie Dehradun Development Authority granted tax exemption on specified income, effective subject to continued qualification and retrospective effect.
Central Government notifies tax exemption for Mussoorie Dehradun Development Authority as an authority under clause (46A) of section 10 of the Income tax Act, recognising its constitution under the Uttar Pradesh Urban Planning Development Act and regulation under the Uttarakhand amendment; the notification is effective from the assessment year 2024-25, conditional on the Authority continuing to meet the statutory purposes specified in sub clause (a) of clause (46A), with retrospective effect certified by the explanatory memorandum.

Joint Electricity Regulatory Commission granted income-tax exemption on specified income, effective AY 2024-25, conditional on continued status.
Central Government notifies the Joint Electricity Regulatory Commission (for the State of Goa and Union Territories except Delhi) as an authority constituted under the Electricity Act for the purpose of income-tax exemption on specified income, effective from assessment year 2024-25, conditional on continuation as an authority and on serving one or more purposes specified in the income-exemption provision; retrospective effect to the year of application before the Board/Department is certified not to adversely affect any person.

GST amendments: tobacco products reclassified-biris at 9%, several tobacco items at 20%, 14% schedule omitted from Feb 1, 2026.
State GST schedules are amended to add biris to the 9% Schedule II; to add pan masala, unmanufactured tobacco, cigars and cigarettes, other manufactured tobacco (excluding the biris entry), and inhalation products to the 20% Schedule III; and to omit Schedule VII (14%). The changes are made under the Karnataka GST Act and take effect from 1 February 2026.

Retail sale price valuation mandated for specified tobacco and related packaged goods, using declared maximum retail sale price for GST valuation.
Amendment requires valuation of specified packaged goods by reference to the declared retail sale price on the package, treating the maximum of multiple printed prices, any altered increased price as operative, and area specific printed prices as applicable to supplies in those areas; it defines retail sale price to include all taxes and adopts First Schedule Customs Tariff interpretative rules for tariff classification, and sets a commencement date for the valuation rule.

Securities notification corrigendum corrects numbering of sub-regulations and schedule items in prior Gazette publication for clarity.
Corrigendum effects numbering corrections to a prior securities notification: Regulation 6's sub-regulation (3) is to be read as (2); Regulation 10's sub-regulation (5) is to be read as (4); Schedule I, Form A, Part I item 5 sub-items 5.8-5.10 are to be read as 5.5-5.7 respectively; and Schedule III, clause 31 sub-clauses d-f are to be read as a-c.

Tobacco and nicotine products: valuation set at retail sale price minus applicable tax under new Tripura SGST rule.
Tripura inserts Rule 31D deeming the value of supply for specified tobacco and nicotine products to be the declared retail sale price on packaged goods less the amount of tax, with the tax component calculated by: (Retail sale price x tax rate) / (100 + sum of applicable tax rate). Definitions clarify "applicable tax" and "retail sale price," including rules for multiple, altered, or area-specific declared prices. Rule 86B is amended to exempt registered persons other than manufacturers for these goods where the supplier has paid tax on the retail sale price.