Advisory Note on Payment of Profession Tax for February 2026
The Karnataka Tax on Professions, Trades, Callings and Employments Act, 1976 prescribes profession tax payable by employers in respect of employees. The rate of profession tax for the month of February was amended by the Karnataka Tax on Professions, Trades, Callings and Employments (Amendment) Act, 2025 notified in April 2025.
Withdrawal of Machinery and Electrical Equipment Safety (Omnibus Technical Regulation) Order, 2024
The Machinery and Electrical Equipment Safety (Omnibus Technical Regulation) Order, 2024 was issued by the Ministry of Heavy Industries to mandate safety and conformity requirements for specified machinery and electrical equipment.
New Drugs and Clinical Trials (Amendment) Rules, 2026
The New Drugs and Clinical Trials Rules, 2019 regulate the manufacture of new drugs and investigational new drugs for clinical trials, bioavailability or bioequivalence studies, and for examination, test and analysis.
Imposition of penalty for delay or non-submission of Quarterly Progress Reports for FY 2025–26
Promoters of registered real estate projects are required to submit quarterly progress updates on the K-RERA web portal within the prescribed timelines under the Act and the Rules.
Extension of due date for filing Electronic Challan-cum-Return (ECR) for December 2025
Employers covered under the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 are required to file the Electronic Challan-cum-Return (ECR) within the prescribed due date for each wage month
Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) (Amendment) Regulations, 2026
The Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021 govern the issuance and listing of non-convertible securities by issuers.
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2026
SEBI has published SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2026 in the Official Gazette on January 22, 2026 to further amend the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015
Reserve Bank of India – Consolidated Master Directions under FEMA Framework
The Reserve Bank of India has issued multiple Master Directions consolidating instructions issued to Authorised Persons and Authorised Dealer banks under the Foreign Exchange Management Act, 1999.
Amendment to Customs Notification on Electronic Processing of Exports by Post
The Customs automated processing framework for export incentives and clearances was notified under Notification No. 24/2023-Customs (N.T.) dated April 1, 2023, issued under section 51B of the Customs Act, 1962.
Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026
The Foreign Exchange Management (Export of Goods and Services) Regulations, 2015 governed export-related foreign exchange transactions under FEMA, 1999.