Statutory updates

26/2025-Customs : Seeks to rescind Notification No. 04/2025-Customs dated the 1st February, 2025

27/2025-Customs : Seeks to amend Second Schedule to the Customs Tariff Act, to align it with changes made in the First Schedule to the Customs Tariff Act vide Finance Act, 2025.

Customs Tariff Notifications Amendment for Rice

The Central Government amends Notification No. 27/2011-Customs and Notification No. 22/2024-Customs to align them with changes in the Second Schedule to the Customs Tariff Act.

33/2025-Customs (NT) : Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Consumer Price Index Numbers for Agricultural and Rural Labourers - March 2025

The Ministry of Labour and Employment releases the All-India Consumer Price Index Numbers for Agricultural Labourers and Rural Labourers for March 2025.

Motor Suspension Unit Cartelization Reference Case Closure

The Competition Commission of India closes the reference case regarding alleged cartel formation and bid rigging in the supply of motor suspension units for locomotives.

notification no. 41/2025 f.no. 370142/14/2025 tpl / gsr 279 e income tax thirteenth amendment rules 2025

Competition Commission Order on Jammu and Kashmir Bank

The Competition Commission of India closes an information case against Jammu and Kashmir Bank under Section 26(2) of the Competition Act, 2002.

Competition Act Investigation Order for Case 19 of 2023

The Competition Commission of India forms a prima facie opinion for contravention of the Competition Act, 2002.

Dispensation of Net-Worth Requirement for Customers on Bullion Exchange

The International Financial Services Centres Authority removes the net-worth requirement for all classes of Customers to broad-base participation across products on the India…

Corrigendum to Circular 13/2025-Customs

The Central Board of Indirect Taxes and Customs corrects a date reference in Circular 13/2025-Customs.

Foreign Exchange Management Foreign Currency Accounts Sixth Amendment Regulations 2025

The Reserve Bank of India amends the Foreign Exchange Management Foreign Currency Accounts by a Person Resident in India Regulations 2015.

Ministry of Labour & Employment MoU with Rapido for NCS Portal

The Ministry of Labour and Employment signs a Memorandum of Understanding with Rapido to enhance logistics employment opportunities through the National Career Service portal.

Income-tax Twelfth Amendment Rules 2025

The Central Board of Direct Taxes amends the Income-tax Rules 1962 to update income tax return forms for the 2025-26 assessment year.

Request for Comments on Alignment of Schedule-II (Export Policy), ITC(HS) 2022 with amendments introduced by Finance Act 2025 – regarding

Amendment to List 34A and 34B of Customs Notification 50/2017

The Central Government amends List 34A and List 34B of Notification No. 50/2017-Customs to substitute the specified banks for the period starting on 1st April, 2025 and ending on…

Appointment of Common Adjudicating Authority for Murrplastik India Private Limited

The Central Board of Indirect Taxes and Customs appoints the Commissioner of Customs (Import), ACC, Sahar, Mumbai, Customs Zone -III as the common adjudicating authority.

32/2025-Customs (NT) : Seeks to amend Notification No. 58/2021-Customs (N.T.), dated the 01.07.2021 under sub-section (2) of Section 151B of the Customs Act, 1962 to notify Agreement or Arrangement on Cooperation and Mutual Administrative Assistance (CMAA) in Customs Matter of India and with other Countries