Political restraint in public communications was urged after a social-media remark directed at Sunetra Pawar was criticised as ideologically irresponsible. It was stated that regret alone was insufficient and that leaders should exercise care in public comments. Press-conference protocol was also emphasised: the principal dignitary should respond to media questions, and those seated alongside should not participate in the interaction. Party colleagues were expected to act more responsibly in future media engagements.

Depreciation on acquired intangible assets requires recomputation of written-down value under earlier Tribunal directions, followed by allowance in accordance with law; TDS credit must also be granted. For transfer pricing, CUP applies only to a genuinely comparable uncontrolled transaction; because the proposed comparables were controlled or materially dissimilar, TNMM was appropriate for sales to associated enterprises. Entities exercising dominant commercial influence through substantial sales may qualify as associated enterprises through de facto control. Goodwill amortisation from a business acquisition is non-operating and should be excluded from TNMM margins, while ordinary depreciation remains operating. The ICCD interest adjustment requires fresh computation after verification of comparability and interest rate.

Monetary policy maintained the benchmark policy repo rate and a neutral stance pending clearer evidence that energy-cost pressures will generate broad-based inflation. Inflation is expected to rise temporarily due principally to food and fuel prices before moderating, while core inflation remains benign. The approach remains data-dependent, supported by two-way liquidity operations. Proposed measures include resuming urban cooperative bank licensing, revising rural cooperative bank credit-monitoring directions, and harmonising interest-rate regulation on advances across regulated entities to improve transparency and consumer protection.

Transactional Net Margin Method remained the most appropriate method for benchmarking exports of chemical additives to associated enterprises because it had been consistently accepted in comparable transactions and earlier years. With no change in facts, circumstances or law, and no sound basis to depart from the established approach, the rule of consistency precluded replacement with the Comparable Uncontrolled Price Method. The transfer-pricing adjustment was therefore deleted.

Importation of Schedule-C controlled substances requires an application under Form-K containing importer, exporter, transport, substance, quantity, packaging, valuation, invoice, licensing, and no-objection certificate particulars. Applicants must disclose the purpose and use of import, prior imports, domestic procurement, transaction arrangements, and quantities procured, consumed, resold, or lost. Supporting drug licences, commercial records, disposal details, and manufacturing or trading licences are required where applicable. First-time importers must provide additional corporate, financial, operational, regulatory, and authorised-signatory information.

The amendments operationalise waiver of interest and penalty for eligible demands under section 73 through electronic applications in FORM GST SPL-01 or SPL-02. Applicants must provide demand and payment details, make the requisite tax payment, and submit proof of withdrawal of any appeal or writ petition where applicable. The proper officer may issue a notice and provide a hearing, accept eligible applications through FORM GST SPL-05, or reject them through FORM GST SPL-07. Timely inaction results in deemed approval. Required unpaid additional tax or residual interest or penalty can render an approved waiver void.

Monetary policy maintained the repo rate at 5.25 per cent following a unanimous policy committee decision. The growth forecast for FY27 was marginally increased, while the inflation projection was lowered. Inflation conditions remain uncertain because of monsoon, El Nino and geopolitical developments. Liquidity remained in surplus, and external-sector indicators reflected a current-account surplus, buoyant foreign direct investment inflows, renewed foreign portfolio investment inflows, and adequate foreign-exchange reserves.

Input tax credit for specified motor-cab related services taxed at a concessional state-tax rate is limited to the tax payable at that concessional rate on input services received in the same line of business. Credit of tax charged by the input-service supplier in excess of that rate is unavailable. The notification also revises licensing-related gambling and betting service entries and omits corresponding service-classification entries, with effect from 20 October 2023.

Polymer currency notes are targeted for circulation at the beginning of the next financial year, subject to implementation proceeding as planned. They are intended to improve durability, especially for lower-denomination notes with high circulation velocity. Monetary policy decisions will remain data-dependent and focused on aligning headline inflation with its medium-term target. Foreign Currency Non-Resident (Bank) scheme inflows are expected to remain healthy until closure, with no proposal for premature termination. Rupee management aims to maintain an orderly exchange-rate trajectory.

Madhya Pradesh SGST exemption notification is amended to provide a nil-rate entry for services supplied to a Governmental Authority relating to water supply, public health, sanitation conservancy, solid waste management, and slum improvement and upgradation. The amendment also includes the Ministry of Railways (Indian Railways), alongside the Department of Posts, in specified service-related entries, explanations and provisos. The changes are deemed effective from 20 October 2023.

In cheque dishonour proceedings, admission of the cheque and signature creates a rebuttable presumption of a legally enforceable debt, which the accused may rebut on a preponderance of probabilities through evidence or effective cross-examination. The complainant's financial capacity to advance the alleged loan and the source and timing of the transaction were not consistently substantiated; the remaining funds were unexplained and the asserted chit amount had been received earlier. Although notice service at the accused's consistently used address was accepted, the presumption stood rebutted and the underlying loan was not proved. The concurrent conviction and sentence were set aside, resulting in acquittal.

Export drawback for shipping bills with a Let Export Order on or after 1 April 2014 is monitored through the RBI-BRC Module. Export proceeds must be realized within nine months unless extended by the RBI; otherwise, the related drawback is recoverable with applicable interest. Exporters should verify shipment-wise realization details on ICEGATE and ensure realized proceeds are updated in EDPMS through their authorised dealer bank. Short realization due to foreign-bank charges or overseas agency commission must be supported by documentary evidence.

Export of Schedule-B controlled substances requires an application containing exporter and importer particulars, licensing information, import authorisation details, transport and routing information, substance identification, quantity, packaging and transaction particulars. Applicants must disclose the proposed end use, consignee, brokers, payment arrangements, free-zone or bonded-warehouse transit, and procurement source. Supporting documents include purchase orders, applicable import certificates, end-use declarations and relevant drug licences. First-time exporters must also provide business, factory, registration, financial and authorised-signatory information.

Form I requires an applicant seeking destruction of a Schedule-A controlled substance to furnish registration, applicant, substance, quantity, packing, storage, justification, and proposed destruction details. Quantity must be stated in kilograms. The applicant must disclose and, where applicable, support the quantity's appearance in the Form 2 or Form 3 Register and filed returns. Each controlled substance requires a separate application, to be sent to the concerned Zonal Director of the Narcotics Control Bureau.

Reverse charge liability for specified Government services is amended to include the Ministry of Railways (Indian Railways) with the Department of Posts in the relevant Government-service entry. The separate entry for services supplied by the Central Government is revised to exclude the Ministry of Railways (Indian Railways). The amendments are deemed effective from 20 October 2023.

Quarterly reporting of controlled-substance consignments outside a consignor's zone requires Form H to contain the consignor's registration details, the controlled substance, and particulars of each consignment sent to the relevant jurisdiction. Required particulars include the dispatch date, quantity, consignee's registration number, name and address, consignment note number, and mode of transport. Quantities must be indicated in kilograms. A separate quarterly return is required for each controlled substance, signed and dated by an identified signatory.

Corporate guarantee services supplied to a related person for a banking company or financial institution are valued at one per cent of the guarantee amount or actual consideration, whichever is higher. The amendments also replace an order with an intimation under rule 142(3), impose a maximum one-year operation for provisional attachment unless released earlier, revise registration cancellation and compliance forms, include One Person Companies in registration, and update GST practitioner enrolment qualifications.

Customs bonded transshipment permission for carriage of import and export cargo between all Customs Airports in India and Jaipur Airport, in both directions, is extended to InterGlobe Aviation Ltd. (IndiGo) for a further one year. The extension is subject to all conditions prescribed in the earlier public notices governing the permission.

Consignment notes accompanying controlled-substance consignments must record the parties' registration details, substance description and quantity, package and weight particulars, transport details, tamper-proof seals, and consignor certification. The consignee must record receipt details, remarks, and signature. Notes must be serially numbered annually, each book must carry a certificate of its page count, and used or current books must be produced to an authorised officer when required.

Customs officers intercepted two passengers arriving from Istanbul after Advance Passenger Information System profiling and their activation of the Door Frame Metal Detector. A personal search recovered approximately one kilogram of gold, silver-coated and concealed as traditional armlets worn on the upper arms. The gold was seized under the Customs Act, a smuggling case was registered, and investigation was initiated into the source and any wider smuggling network.