Interim bail was granted to Anwar Dhebar in a matter involving alleged corruption and an illegal commission mechanism linked to a state marketing corporation. Conditions require him to remain outside Chhattisgarh, attend the trial court, and provide his residential address. The allegations concern manpower supply agencies allegedly being compelled to pay commissions for clearance of legitimate bills, with proceeds routed through intermediaries. The case was registered under the Indian Penal Code and the Prevention of Corruption Act.

The Taxation and Other Laws (Amendment) Bill, 2026 proposes to replace the Income-tax (Amendment) Ordinance, 2026 and amend payment-system and tax laws. It would prohibit charges on notified electronic payments, revise safe-harbour conditions for eligible investment funds and fund managers, and expand tax exemptions for Government securities, qualifying rough-diamond sales and bonded-warehouse component storage. It also modifies exemptions concerning electronic-goods contract manufacturing, data centres and business-trust dividends, while imposing a differentiated surcharge on qualifying special purpose vehicles. A separately included appropriation bill authorises excess expenditure from the Consolidated Fund of India.

Monetary policy projections for fiscal 2026-27 revise real GDP growth upward to 6.7 per cent and Consumer Price Index inflation downward to 5 per cent. Domestic activity is described as resilient amid global uncertainty, but inflationary risks persist from rainfall disruption, energy-price volatility, supply-chain uncertainty, and second-round effects of higher food, fuel and input costs. Core inflation is projected at 4.3 per cent for the fiscal year.

Tax collection at source under the Madhya Pradesh Goods and Services Tax Act is amended by replacing the rate of "half per cent" with "0.25 percent" in the notification dated 29 September 2018. The amendment is made under the State Government's power under section 52(1), on the Council's recommendations, and is deemed effective from 10 July 2024.

M/s. Adani Logistics Ltd. is appointed as Custodian and approved as Customs Cargo Service Provider for the customs area of the Inland Container Depot, Kishangarh. It must comply with customs and cargo-handling requirements; safeguard, receive, handle and store goods; remain liable for pilferage, loss, improper removal and relevant duties; execute prescribed bond and insurance; provide tracking systems and required infrastructure; and bear cost-recovery charges for customs officers. The approval is valid for two years, subject to earlier review, suspension, revocation or cancellation for non-compliance.

Madhya Pradesh SGST schedules are revised to place specified paper or paperboard cartons, milk cans of iron, steel or aluminium, and solar cookers in the 6% schedule, with corresponding exclusions and adjustments in the 9% schedule. Parts of poultry-keeping machinery, including brooders, are also covered. Agricultural farm produce supplied in packages containing more than 25 kilograms or 25 litres is clarified not to be treated as pre-packaged and labelled.

MSME development is linked to collaboration, knowledge-sharing, institutional support and capability building. Industry associations can provide networking, policy advocacy, business intelligence, skills programmes, shared infrastructure and market linkages, while collective procurement, shared logistics, digital commerce and export readiness may improve competitiveness. Women-led enterprises benefit from market-oriented capability development, mentorship, continuous learning, professional networks, capacity-building programmes and institutional support. The Development of Industry Associations initiative is intended to connect associations and facilitate the sharing of best practices.

Tax exemption is notified for the Odisha Joint Entrance Examination Committee in respect of examination fees, counselling and application-processing fees, and interest on bank deposits under Schedule III read with section 11 of the Income-tax Act, 2025. The exemption is conditional on the absence of commercial activity, prescribed income-tax return filing, and continuation of unchanged activities and specified income. Non-compliance results in withdrawal of the exemption and commencement of proceedings under the Act.

Disputed facts concerning the agreements, authority of company representatives, fiduciary deposit of gold bars, account confirmations, and obligation to account for sale proceeds cannot be conclusively evaluated while considering FIR quashing. Witness statements recorded during investigation had not been considered. Whether the allegations amount only to a civil dispute or also disclose criminal offences requires factual ascertainment through investigation, as a civil wrong may also constitute a criminal offence. The High Court's quashing order was set aside, and the investigation was directed to continue independently of judicial observations.

Tax exemption under section 10(46) of the repealed Income-tax Act, 1961 is notified for specified examination, counselling, application-processing and bank-deposit interest income of the Odisha Joint Entrance Examination Committee. The exemption requires absence of commercial activity, unchanged activities and income nature, and prescribed return filing. Non-compliance may lead to penal action and withdrawal of exemption.

Monetary policy rate maintenance was continued with the repo rate retained at 5.25 per cent under a neutral stance amid uncertainty over energy prices and supply disruptions associated with the West Asia crisis. The growth forecast was marginally increased and the inflation projection reduced. Sustained rupee depreciation against the dollar was attributed to costly oil, capital outflows, widening trade deficits and a strong US dollar.

Tax exemption is notified for the Noida Special Economic Zone Authority under Schedule III read with section 11 of the Income-tax Act, 2025, for specified receipts including lease rent, bank interest, fees, allotment and transfer charges, auction receipts, site-usage charges, and scrap-sale proceeds. Applicable for tax years 2026-27 and 2027-28, the exemption requires the Authority to avoid commercial activity, file its return in the prescribed manner, and maintain unchanged activities and specified income. Non-compliance leads to withdrawal of exemption and proceedings under the Act.

GST exemption classification for agricultural farm produce is clarified by excluding supplies in packages containing more than 25 kilograms or 25 litres from the expression "pre-packaged and labelled". This exclusion applies notwithstanding the Legal Metrology Act, 2009 and rules made under it, and modifies the explanation to the Madhya Pradesh SGST exemption notification. The amendment is deemed effective from 15 July 2024.

Specified-income exemption is granted to Noida Special Economic Zone Authority under section 10(46) of the Income-tax Act, 1961, as preserved by the Income-tax Act, 2025. Covered income includes lease rent, bank interest on fixed deposits, designated fees and charges, proceeds from vacant-property allotments, and scrap or waste sales. The Authority must not engage in commercial activity, must maintain unchanged activities and income nature, and must file returns under the 1961 Act. Non-compliance may result in penal action and withdrawal of exemption.

Sea Cargo Manifest and Transhipment Regulations implementation includes nationwide import-export manifest messaging and live stuffing messages. SEZ units are to be onboarded through API integration, and remaining inland transhipment messages are to be developed, tested and operationalised within the extended implementation period. Transitional provisions have been extended until 31 March 2026, during which stakeholders must submit accurate electronic declarations in the prescribed format.

Inverted duty structure refunds may cover eligible unutilised SGST input tax credit under section 54(3) and Rule 89(5), without conversion into IGST or CGST. However, an SGST ledger balance is not automatically refundable: entitlement must be calculated period-wise under the prescribed formula after deducting refunds already claimed. For pending RFD-01 applications, verify tax-head-wise ledger debits, refund amounts and processing status before filing another claim, withdrawing or refiling. Claims for subsequent periods may include eligible SGST, while duplicate claims for the same period may face procedural restrictions.

Monetary policy rates were retained without change for a third consecutive review, with a neutral stance maintained amid uncertainty over energy prices and supply disruptions associated with the West Asia crisis. The policy assessment noted retail inflation above the medium-term target, alongside an upward revision to growth expectations and a downward revision to the inflation projection. Continued rupee depreciation was linked to higher oil prices, capital outflows, widening trade deficits and a stronger US dollar.

The amendments introduce risk-based biometric Aadhaar authentication, photograph capture, document verification and possible physical verification for GST registration applicants. They create optional FORM GSTR-1A for current-period additions and amendments after GSTR-1 and before GSTR-3B, with consequential changes to GSTR-2A, GSTR-2B, GSTR-3B and other compliance forms. The rules also replace Input Service Distributor credit-distribution conditions, permit specified export integrated-tax refunds, establish a Canteen Stores Department refund process, regulate Appellate Tribunal filings and withdrawals, and introduce electronic mechanisms for e-way-bill enrolment and adjustment of voluntary payments against demand.

Registered persons with aggregate turnover not exceeding two crore rupees in financial year 2023-24 are exempt from filing the annual return under the Madhya Pradesh Goods and Services Tax Act, 2017. The exemption is issued under the first proviso to section 44 on the Council's recommendations and is deemed effective from 10 July 2024.

Tax exemption under section 10(46) of the Income-tax Act, 1961 is notified for specified income of the Noida Special Economic Zone Authority, including lease rent, bank interest, permit and allotment fees, transfer charges, building-plan fees, site-usage charges, and scrap-sale receipts. The exemption requires that the Authority not engage in commercial activity, that its activities and specified income remain unchanged, and that it file the prescribed income-tax return. Non-compliance may result in penal action and withdrawal of exemption.