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FinMin Tightens, Rationalises Concessional Import Regime And  Removes Multiple Tariff Entries

The Central Government has issued Notification No. 03/2026-Customs, effecting targeted but significant changes to...

FinMin Reshapes Import Duty Exemptions, Removes Lapsed Benefits, Resets Sunset Dates

The Ministry of Finance has reshaped the import duty exemptions, removed lapsed benefits, reset...

Customs Duty Exemptions Extended Till March 2028, Key Notifications Amended by Finance Ministry

The Ministry of Finance (Department of Revenue) has issued Notification No. 01/2026–Customs, extending the...

Customs Baggage (Declaration and Processing) Regulations, 2026 Notified; What It Has?

The Central Board of Indirect Taxes and Customs (CBIC) has notified the Customs Baggage...

FinMin Revises Excise Duty Structure on Unmanufactured Tobacco; 18% Levy Introduced on Certain Categories

The Ministry of Finance has amended the excise duty framework for unmanufactured tobacco and...

Govt. Imposes 1 Year Import Restrictions on Low-Priced Penicillin, Amoxicillin and 6-APA To Protect Domestic Pharma Industry

In a significant move aimed at safeguarding domestic pharmaceutical manufacturers, the Central Government has...

Finance Bill 2026: CBIC Issues Comprehensive Set of Customs, Excise Notifications and Circulars Effective February 2026

The Union Government has initiated the implementation framework for the Finance Bill, 2026, with...

ICEGATE to Suspend Bills of Entry Filing on February 1 Due to Union Budget System Updates

The Directorate General of Systems and Data Management under the Central Board of Indirect...

DGFT Imposes 1 Year Import Restrictions on Penicillins, Amoxycillin and 6-APA Below Minimum Import Price

The Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce and Industry,...

Enhancements in GSTR-3B Filing From January 2026: GSTN

The Goods and Services Tax Network (GSTN) has rolled out multiple enhancements in the...

Union Budget 2026-27 to Be Presented on February 1, 2026 At 11:00 AM By FM Nirmala Sitharaman 

The Union Budget for the financial year 2026–27 will be presented on Sunday, February...

Fast-Track Refunds for Small Investors: MCA Invites Public Comments on Proposed IEPFA Rule Amendments

The Investor Education and Protection Fund Authority (IEPFA), functioning under the Ministry of Corporate...

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India’s reduced tariff on Scotch whisky under the India–UK trade agreement has triggered a...

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US President Donald Trump has signed an executive order directing federal agencies to take...

China Tightens Tax Enforcement on Offshore Trusts, Wealthy Individuals Face Scrutiny Over Overseas Assets

China is stepping up tax enforcement against wealthy individuals holding assets overseas, including investments...

Delhi High Court Rejects AISA President Neha Bora’s Plea Against Peace Bond Notice Over CEC Protest

The Delhi High Court has dismissed a petition filed by All India Students’ Association...