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FEMA / RBI
Dated:- 15-9-2026
PTI
• Landmark transaction executed on Metropolitan Stock Exchange of India under SEBI's Regulatory Sandbox framework, with Trust Investment Advisors Private Limited as Sole Arranger and Advisor MUMBAI, India, Sept. 15, 2026 /PRNewswire/ -- IIFL Finance Limited ("IIFL Finance" or "the Company") today announced the successful completion of a ?25 crores tokenised bond transaction, becoming the first Non-PSU Non-Banking Financial Company (NBFC) in India to undertake a transaction of this nature. The... ... ...

Customs & Trade
Dated:- 15-9-2026
PTI
• At IAA Transportation 2026, Daimler India Commercial Vehicles highlights India's expanded role within Daimler Truck and outlines the next phase of BharatBenz growth through product transformation, customer ecosystem expansion and continued investment. • Announcement reaffirms DICV's additional ? 4,000 crore investment, taking cumulative investment in India to more than ? 14,500 crore, while advancing next-generation active safety technologies and expanding AMT-equipped BharatBenz models a... ... ...

Customs & Trade
Dated:- 15-9-2026
PTI
New Delhi, Sep 15 (PTI) The India-New Zealand free trade agreement is likely to come into force late next month, with official dates to be announced shortly, Commerce Secretary Rajesh Agrawal said on Tuesday. The two countries signed the free trade agreement (FTA) on April 27 to boost two-way commerce in goods and services and promote investment. The FTA provides duty-free access for 100 per cent of India's exports to New Zealand. "We are expecting that the agreement will get operationa... ... ...

Notification No. CT/8/1/2026-Sec-1-5(CT)(3) Dated:- 30-1-2026 Madhya Pradesh SGST
Commercial Tax Department Ministry, Vallabh Bhawan, Bhopal Bhopal, the 30th January 2026 CT/8/0001/2026-Sec-1-05(CT)(03): In exercise of the powers conferred by section 164 of the Madhya Pradesh Goods and Services Tax Act, 2017 (19 of 2017), the State Government, on the recommendations of the Council, hereby makes the following rules further to amend the Madhya Pradesh Goods and Services Tax Rules, 2017, namely: - 1. They shall come into force from 1^st day of February, 2026. 2. I... ... ...

FEMA / RBI
Dated:- 15-9-2026
PTI
Mumbai, Sep 15 (PTI) All eyes are on the Tata Sons board meeting scheduled for September 17 in Mumbai, where three critical issues are set to converge at once: the prospect of a stock market listing following RBI decision, uncertainty over who will succeed N. Chandrasekaran as chairman, and a continuing governance impasse at one of the two principal Tata Trusts. The Reserve Bank of India (RBI) last week rejected an application of the salt-to-software-and-cars conglomerate's holding company t... ... ...

Notification No. CT/8/18/2023-Sec-1-5(CT)(2) Dated:- 30-1-2026 Madhya Pradesh SGST
Madhya Pradesh GST valuation framework is amended to include pan masala and specified tobacco, tobacco-substitute and nicotine-substitute products bearing a declared retail sale price. Retail sale price is the maximum packaged-goods price for the ultimate consumer, inclusive of taxes, duties, surcharge and cess. The highest of multiple declared prices applies, and any increased declared price is treated as the retail sale price. Area-specific declared prices apply to goods intended for sale in the relevant area.

Customs & Trade
Dated:- 15-9-2026
PTI
India and China have commenced bilateral trade engagement to identify positions on trade-related concerns and pursue further meetings. Discussions are directed at structural trade imbalances, supply-chain issues, and trust in commercial relations. India's widening trade deficit with China is identified as a principal concern, while investment issues remain relevant because India has tightened its foreign direct investment policy for countries sharing land borders with it. Engagement is intended to explore approaches to more balanced commercial relations and supply-chain resilience.

FEMA / RBI
Dated:- 15-9-2026
PTI
New offerings span Omni Neo mobile banking, premium cards, digital currency, self-service banking and FinTech collaboration MUMBAI, India, Sept. 15, 2026 /PRNewswire/ -- Bank of India showcased its growing digital capabilities at the Global FinTech Fest (GFF) 2026, held from September 9–11, 2026, unveiling 12 initiatives spanning payments, cards, digital currency, self-service banking, compliance, customer engagement and fintech collaboration. The Bank's booth was inaugurated by Shri Rajnees... ... ...

Notification No. F A 3-33/2017/1/V (1) Dated:- 30-1-2026 Madhya Pradesh SGST
Madhya Pradesh revises State GST rate schedules by inserting biris in the 9% schedule and specified pan masala, tobacco, tobacco-substitute and inhalable tobacco or nicotine-substitute products in the 20% schedule. The separate 14% rate schedule is omitted. The revised rate-schedule treatment takes effect from 1 February 2026.

Corp. Laws / SEBI / IBC
Dated:- 15-9-2026
PTI
Eleven Delhi Gymkhana Club members challenge the Central Government's lease resumption and proposed eviction proceedings, alleging a colourable exercise of power and violation of constitutional property protections. They contend that no specific public-purpose project, supporting material, compensation or defence endorsement was disclosed. The dispute also concerns government-nominated management following supersession of the elected committee, delayed restoration of elected control, and an alleged conflict arising from governmental influence over both the lessor and the Club's management. Retrospective ground-rent revision is challenged separately.

Seeks to notify GST rate for bricks
Notifications GST - States
Notification No. 38/1/2017-Fin(R&C)(14/2025-Rate) Dated:- 17-9-2025 Goa SGST
Goa prescribes a State tax rate of 6 per cent on intra-State supplies of specified brick and tile products, including fly ash bricks, aggregates and blocks; bricks of fossil meals or similar siliceous earths; building bricks; and earthen or roofing tiles. Classification follows the Customs Tariff Schedule and its interpretative rules, notes and explanatory notes. Undefined terms carry their statutory meanings under the applicable goods and services tax laws. The rate takes effect from 22 September 2025.

Notification No. 38/1/2017-Fin(R&C)(13/2025-Rate) Dated:- 17-9-2025 Goa SGST
Goa SGST exemption-rate framework substitutes the schedule of specified handcrafted, handmade and artware goods eligible for concessional State tax treatment. Most listed goods, including handcrafted candles, handmade textiles, wood, stone, clay, glass and metal artware, handicraft furniture, toys, paintings and sculptures, carry a 2.5% rate. Silver filigree work and handmade imitation jewellery carry a 1.5% rate. The revised schedule takes effect on 22 September 2025.

Approval for scientific research is granted to the Indian Institute of Technology, Roorkee, as a university, college or other institution for the donation-related tax purpose under the Income-tax Act, 2025. The approval applies for tax years 2026-27 through 2030-31, subject to compliance with rule 34 of the Income-tax Rules, 2026. The institution must prepare and deliver an annual Form 15 statement concerning donations by 31 May following each tax year and furnish donors with Form 16 certificates specifying donation amounts.

TRQ holders allocated raw sugar import quantities may surrender any unutilised allocation until 30 September 2026. Surrender remains subject to payment equal to 0.5% of the CIF value of the quantity surrendered, in accordance with existing modalities. The extension applies to the tariff-rate quota for import of raw sugar, while all other conditions governing the allocation and surrender process remain unchanged.

Proposed non-preferential Rules of Origin would require exported goods using imported inputs to undergo processing beyond specified minimal operations before being treated as Indian-origin. Exporters would apply online for non-preferential Certificates of Origin, while manufacturer exporters holding Status Holder recognition could self-certify qualifying goods. Back-to-back certificates could support re-exports, trans-shipment and merchanting trade for foreign-origin goods. For imports, agricultural goods would generally be origin-determined by wholly obtained or produced status, subject to a de-minimis tolerance, while other goods would require either a change in tariff heading or prescribed value addition. Importers would self-declare origin; separate origin documents would generally not be required, with risk-based verification permitted.

Sea Cargo Manifest and Transshipment Regulations, 2018 are fully operational on the Customs EDI system following the deployment of all remaining import and export message structures. The Import Trans-shipment message for re-working imported less-than-container-load cargo and the Stripping message for export CIM movement became available for live filing from 21 August 2026. With these additions, all SCMTR functional messages can be filed through the ICEGATE portal, completing the digital framework for cargo visibility and risk management. A local SCMTR Cell Nodal Officer will coordinate communications and address operational or live-filing difficulties reported by trade stakeholders.

Customs assayer and valuer empanelment is prescribed for gold, silver, jewellery, precious or synthetic stones, and other valuable articles involved in import, export, seizure or confiscation. Eligible applicants generally require relevant qualifications, valuation experience, supporting references, industry knowledge and a clean professional record, subject to selection-panel discretion. Appointed valuers must be available when required, assist with metal extraction, issue certificates and reports, maintain records, give evidence when called, and comply with prescribed fee limits. They must act independently, avoid conflicts of interest, preserve confidentiality and exercise due care. Wrong valuation, negligence, misconduct or non-disclosure may result in cancellation, removal from the panel and legal action.

FEMA / RBI
Dated:- 15-9-2026
PTI
Rupee depreciation against the US dollar was attributed to higher crude oil prices, increased dollar demand from oil importers, weak domestic equity markets, a stronger US dollar and concerns over rising global treasury yields. Higher oil-import payments raised inflation and external trade-balance concerns. Market expectations indicated continued pressure amid global risk-off conditions, although central bank intervention could support the rupee at lower exchange-rate levels.

Duty exemption for durable containers imported under the specified customs notification remains conditional on execution of a bond by the importer or shipping agent and re-export within six months from landing. Re-export extensions may be granted for three months by the Assistant/Deputy Commissioner, followed by two further six-month extensions at successively higher approval levels; any rejection requires written, case-specific reasons. Off-hiring is not a valid ground for extension. Where cargo is detained for examination or investigation, it should be destuffed and stored so containers can be re-exported; extensions for laden containers awaiting clearance or auction may be considered on a substantiated request. Manual document and statement submission requirements have been discontinued.

Notification No. IFSCA/2020-21/GN/REG10 Dated:- 12-4-2021 Indian Law
Schedule cross-references in the International Financial Services Centres Authority (Finance Company) Regulations, 2021 are corrected to align the Schedule's enabling citations with regulation 3(5)(i) and regulation 3(5)(ii), replacing references to regulation 3(4)(i) and regulation 3(4)(ii). The corrected bracketed citation retains the reference to regulation 3(1) and applies in both Hindi and English versions.

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