Clarification on Authority to Condon Delay in Filing Form No. 10A
Section 12A of the Income-tax Act, 1961 prescribes conditions for applicability of sections 11 and 12 to trusts and institutions. Under section 12A(1)(ac)(i), trusts or institutions are required to file an application for registration in Form No. 10A within the prescribed time.
Establishment of Indian Standards by BIS
The Bureau of Indian Standards notifies the establishment of multiple Indian Standards across areas such as documentation, digital records, security, and product authentication. Certain standards are issued as first revisions replacing earlier versions, which continue temporarily before withdrawal.
FAQs and Guidance Notes on Forms under Income-tax Rules, 2026
The Income Tax Department has issued FAQs and Guidance Notes explaining the forms prescribed under the Income-tax Rules, 2026.
Amendment in Policy Condition No. 2 of Chapter 95 under ITC (HS), 2022
The Central Government hereby deletes Policy Condition No. 2 (iii) under Chapter 95 of ITC (HS), 2022 – Schedule I (Import Policy), with immediate effect
Amendment in Standard Input Output Norms (SION) A-2005
The Standard Input Output Norms (SION) prescribe input-output ratios for export products to regulate duty-free import of inputs. These norms apply to exporters operating under the Foreign Trade Policy
Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2026
The Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 govern capital issuance and disclosure requirements and were last amended on November 1, 2025.
Corporate Laws (Amendment) Bill, 2026
The Bill proposes amendments to the Limited Liability Partnership Act, 2008 and the Companies Act, 2013 to introduce provisions relating to International Financial Services Centers, compliance requirements, penalty framework, and regulatory strengthening of audit oversight.
Amendment in FDI Policy for Investments from Land Bordering Countries
The existing FDI policy under Press Note 3 (2020) mandates that investments from countries sharing land borders with India or where the beneficial owner is situated in such countries require Government approval
Amendment to Tariff Values under Customs Act, 1962
The Central Board of Indirect Taxes and Customs periodically notifies tariff values for specified goods for the purpose of levy of customs duty.
Income-tax Rules, 2026 Notified
The Central Board of Direct Taxes has notified the Income-tax Rules 2026 under the Income-tax Act, 2025.