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    Notification regarding designation of Career Centres (Central) under the Social Security (Central) Rules, 2026
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    Digital vacancy reporting requires employers and regional career centres to furnish employment information through designated central career centres.
    Career Centres (Central) comprise the Central Employment Exchange and the National Career Service Portal for the Social Security (Central) Rules, 2026. Career Centres must collect and furnish information digitally. Employers must digitally report vacancies and changes to supplied particulars, while Regional Career Centres must digitally share collected information with the Career Centre (Central) through prescribed forms. Technical and scientific vacancies meeting the prescribed pay threshold must be reported digitally to the Career Centre (Central) in Form XXV.
    Amendment in Para 1.25 of the Foreign Trade Policy, 2023.
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    One Star Export House status now accepts export performance in any two of the preceding three financial years.
    One Star Export House status under paragraph 1.25(d) of the Foreign Trade Policy, 2023 may be granted, other than in the Gems & Jewelry Sector, where export performance is established in any two of the three preceding financial years, subject to other applicable conditions. Export performance remains necessary in all three preceding financial years for other status categories, while the Gems & Jewelry Sector continues to require performance in both preceding financial years.
    Amendment to Para 4.63 of FTP-2023
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    Diamond Imprest Authorisation imports retain Integrated Tax exemption while Compensation Cess exemption is removed following its discontinuance.
    Diamond Imprest Authorisation imports continue to receive exemptions from specified customs duties and the whole of Integrated Tax. Para 4.63 of the Foreign Trade Policy 2023 omits the reference to Compensation Cess exemption following its discontinuance. The amendment preserves the Integrated Tax exemption for imports under Diamond Imprest Authorisation.
    Seeks to exempt 10 lakh MT of raw sugar falling under tariff heading 1701 from the whole of the customs duty leviable thereon under the First Schedule to the Customs Tariff Act, 1975, up to 31st October, 2026, when imported under the Tariff Rate Quota (TRQ) Scheme (Open General Licence
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    Raw sugar tariff rate quota imports receive full customs duty exemption subject to electronic quota authorisation and customs system debit.
    Customs duty exemption for raw sugar imports applies to goods under tariff heading 1701 within a Tariff Rate Quota of 10 lakh MT, until 31 October 2026. Eligibility requires quota allotment by the Directorate General of Foreign Trade. Electronic authorisation must contain importer identification, Importer-Exporter Code, customs notification, tariff heading, quantity and validity period, and must be transmitted to the Indian Customs EDI System. Imports are permitted only upon electronic debit in that system.
    Seeks to amend Notification No. 47/2021-Customs (ADD), dated the 26th August, 2021
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    Anti-dumping duty extension continues the applicable duty framework by extending the specified period until February 2027.
    Anti-dumping duty notification No. 47/2021-Customs (ADD) is amended under section 9A of the Customs Tariff Act, 1975, read with rules 18 and 23 of the Anti-dumping Duty Rules, 1995. The date in paragraph 3 is extended from 25 November 2026 to 25 February 2027, continuing the applicable anti-dumping duty framework for the extended period.
    Approval under Section 45(4)(b) of the Income Tax Act, 2025 for "International Institute of Bio Technology and Toxicology, Tamil Nadu".
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    Scientific research approval enables donor-related tax treatment, subject to annual donation reporting, prescribed compliance, and donor certification requirements.
    Scientific research approval is granted to the International Institute of Bio Technology and Toxicology, Tamil Nadu, as a Research Association for donor-related tax treatment. The approval applies for tax years 2026-2027 through 2030-2031, subject to compliance with prescribed conditions. The institution must submit an annual donation statement in Form No. 15 by the specified deadline and furnish each donor with a Form No. 16 certificate stating the donation amount.
    Corrigendum to Notification No. S.O. 2701(E) dated 29th May, 2026
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    Correction of a labour-law notification replaces the specified numerical value with the revised value at the identified location.
    Corrigendum to the Ministry of Labour and Employment notification dated 29 May 2026 substitutes the figure "0.35" with "0.18" at page 2, line 31 of that notification.
    Amendment in import policy of Raw Sugar classified under Exim Code 170114 of Chapter 17 of Schedule–1 (Import Policy) of ITC (HS), 2022 and one-time conversion from Advance Authorisation Scheme to Tariff Rate Quota (TRQ) Scheme
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    Raw sugar tariff rate quota permits duty-free imports and one-time advance authorisation conversion subject to GST payment and domestic sale conditions.
    Raw sugar under Exim Code 170114 is freely importable within a duty-free Tariff Rate Quota of 10 lakh MT up to 31 October 2026, subject to prescribed conditions. Advance Authorisations issued under SION E52 may be converted once to the Tariff Rate Quota Scheme for raw sugar actually imported up to 20 August 2026. Conversion covers refined sugar produced or to be produced from such imports, subject to payment of exempted GST, domestic sale by 31 October 2026, and further prescribed conditions.
    Amendment in Para 2.52 and 2.53 of the Foreign Trade Policy (FTP) 2023
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    Export realisations in Indian Rupees now qualify for foreign trade benefits when received through prescribed banking channels.
    Foreign Trade Policy 2023 provisions are amended to permit export contracts and invoices, except those involving Asian Clearing Union member countries, in foreign currency or Indian Rupees, with proceeds realised in either form. Exports to countries other than Nepal and Bhutan, where proceeds are realised in Indian Rupees through prescribed banking channels and qualifying Indian Rupee accounts of persons resident outside India, are eligible for export benefits, incentives and fulfilment of export obligations at par with foreign-currency realisations.
    Corrigendum of notification no. S.O. 2455(E), dated 12th May, 2026
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    Compounding of wage-code offences excludes offences punishable by imprisonment alone or by imprisonment together with fine.
    Compounding of offences under the Code on Wages, 2019 is clarified to cover any offence under the Code other than offences punishable with imprisonment only or with imprisonment and fine. The corrected wording replaces the earlier reference to compounding offences punishable with imprisonment only, or with imprisonment and fine.
    Competition Commission of India (Commitment) Amendment Regulations, 2026
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    Commitment application procedure extends filing and conclusion timelines, formalises defect refiling, and resumes inquiry after excluded-time expiry.
    The amendments extend the period under regulation 3(3) to 60 days and require defective commitment applications to be returned for curing and refiling within 10 working days. Original application fees may be adjusted upon refiling, while failure to cure defects makes the application invalid. The period for conclusion of commitment proceedings is extended to 180 days, excluding time taken for information, clarification, or responses; if not concluded within that period, the inquiry resumes. References are also updated to the CCI (General) Regulations, 2024.
    Amendment in Import Policy and Policy condition of Clear Float Glass (4 mm- 12 mm), falling under ITC (HS) Codes 70051090 and 70052990, covered under Chapter 70 of Schedule - I (Import Policy) of ITC (HS) 2022.
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    Minimum import price for clear float glass restricts lower-value imports while preserving conditional exemptions for export-linked units.
    Import policy for clear float glass classified under ITC (HS) codes 70051090 and 70052990 is changed from Free to Restricted. Imports remain free where the CIF value is Rs. 34,000 or more per metric tonne. The minimum import price condition is inapplicable to Advance Authorisation holders, Export Oriented Units and Special Economic Zone units if imported inputs are not sold into the Domestic Tariff Area, and applies for one year from publication.
    Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver
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    Customs tariff valuation revises import values for edible oils, brass scrap, precious metals and areca nuts from August 2026.
    Customs tariff values are revised for specified edible oils, brass scrap, gold, silver and areca nuts. The revised valuation tables cover crude and refined palm oil and palmolein, crude soya bean oil, brass scrap, specified gold bars, coins and findings, and specified silver forms, medallions, coins and semi-manufactured silver. Silver excludes foreign currency coins, silver jewellery and silver articles. Areca nuts are assigned a revised tariff value. The substituted tariff valuation tables take effect from 15 August 2026.
    Seeks to amend Notification No. 11/2026-Central Excise dated 26.03.2026 to revise the Road and Infrastructure Cess (RIC) rate on exports of diesel outside India.
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    Road and Infrastructure Cess on diesel exports is revised to nil under the applicable central excise exemption framework.
    Road and Infrastructure Cess on exports of diesel outside India is revised by substituting the entry against serial number 2 in the applicable exemption table with "Nil". The amendment takes effect from 15 August 2026.
    Seeks to amend Notification No. 08/2026-Central Excise dated 26.03.2026 to revise the Special Additional Excise Duty (SAED) rate on exports of ATF outside India.
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    Special additional excise duty on aviation turbine fuel exports is revised through substitution of the applicable exemption-table rate.
    Special Additional Excise Duty on exports of aviation turbine fuel outside India is revised by substituting the rate specified against serial number 1 in the relevant exemption table with Rs. 19.5 per litre. The rate revision takes effect from 15 August 2026.
    Seeks to amend Notification No. 06/2026-Central Excise dated 26.03.2026 to revise the Special Additional Excise Duty (SAED) rates on exports of petrol outside India.
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    Special Additional Excise Duty on petrol exports is reduced to nil, effective from 15 August 2026.
    Special Additional Excise Duty on exports of petrol outside India is revised by substituting the applicable rate against serial number 1 with "Nil". The amendment takes effect from 15 August 2026.
    Foreign Assets of Small Taxpayers- Disclosure Scheme Rules, 2026.
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    Foreign asset disclosure scheme enables eligible taxpayers to declare overseas assets and income through valuation, payment and electronic certification procedures.
    The Foreign Assets of Small Taxpayers Disclosure Scheme provides an electronic mechanism for declaring specified undisclosed foreign assets and foreign income, subject to aggregate-value eligibility limits. Fair market value is generally the higher of acquisition cost and market value, with separate methods for bank accounts, securities, immovable property and partnership interests. Form 1 requires asset, income, valuation and supporting details. The income-tax authority determines tax, penalty or fee in Form 2; payment and proof are furnished in Form 3. Timely payment is required, with limited interest-bearing extension. Form 4 certifies validity, settlement and the specified statutory protection.
    Supersession Notification No. S.O.9/P.A.5/2017/S.112/2026, dated the 9th March, 2026
    Show AI Summary
    Appellate Tribunal filing timelines under Punjab SGST are revised for earlier orders, while standard limitation periods continue for later matters.
    Punjab SGST appellate filing timelines under section 112 are revised, with the earlier notification superseded subject to preservation of prior actions and omissions. Appeals against orders communicated before 1 May 2026 and applications concerning orders passed before 1 February 2026 may be filed before the Appellate Tribunal up to 31 July 2026. Later appeals remain subject to a three-month period from communication, while later applications remain subject to a six-month period from the order date. The revised timelines are deemed effective from 30 June 2026.
    Companies (Indian Accounting Standards) Amendment Rules, 2026.
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    Nature-dependent electricity contracts gain dedicated accounting, hedge accounting, disclosure, expected-usage and transition requirements under amended Indian Accounting Standards.
    The amendments expand Ind AS 107 disclosures for investments, contingent cash-flow features and contracts referencing nature-dependent electricity. Entities must provide a single note on qualifying electricity contracts, covering cash-flow uncertainty, commitments, onerous-contract assessments, electricity purchases, unused electricity and related sales. Ind AS 109 defines these contracts, permits specified hedge-accounting designations, and sets expected-usage and transition requirements. Classification and measurement changes refine derecognition through electronic payment systems and the assessment of contractual cash flows as solely payments of principal and interest.
    Notification Granting Tax Exemption to the District Legal Service Authority, Panchkula under Section 11 of the Income-tax Act, 2025
    Show AI Summary
    Tax exemption for specified legal services authority income is conditional on non-commercial activity, return filing, and unchanged activities.
    Tax exemption under Schedule III read with section 11 of the Income-tax Act, 2025 applies to specified income of the District Legal Service Authority, Panchkula, for the tax year 2026-27. Covered income includes institutional and government grants, court-ordered receipts, recruitment application fees, and bank-deposit interest. The Authority must not undertake commercial activity, must file its income-tax return as prescribed, and must maintain unchanged activities and specified income; non-compliance leads to withdrawal of exemption and proceedings.

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      The rate of exchange of conversion for exported goods w.e.f. 1st December 2005 - 105/05 - Customs - Non Tariff

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      Exchange rate determination sets conversion rates for specified foreign currencies for export goods valuation effective immediately.
      The Board specifies the rate of exchange of conversion for listed foreign currencies into Indian rupees and vice versa for export goods valuation, ... Summary

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      ActsIncome Tax