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| IMC has enhanced its digital systems to incorporate new online features. To explore these updated processes, please visit our website: https://www.imcnet.org
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CUSTOMS
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1
Apr
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Notification No. 34/2026
(Delhi)
G.S.R…. (E).- In exercise of the powers conferred by section 157 read with section 84 of the Customs Act, 1962
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1
Apr
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Notification No. 32/2026
(Delhi)
S.O. … (E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962
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1
Apr
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Notification No. 33/2026
(Delhi)
G.S.R…. (E).- In exercise of the powers conferred by section 157 read with section 84 of the Customs Act, 1962
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1
Apr
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Circular No. 18/2026
(Delhi)
Assessment of Bills of Entry filed for goods manufactured by SEZ units and cleared to Domestic Tariff Area (DTA) under concessional rate – reg.
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1
Apr
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Notification No. 31/2026
(Delhi)
G.S.R. .... (E).- ln exercise of the powers conferred by section 157, read with sections 30, 30A, 41, 41A, 53, 54, 56, sub-section (3) of section 98 and sub-section (2) of section 158 of the
Customs
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1
Apr
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Circular No. 16/2026
(Delhi)
Implementation of the Sea Cargo Manifest and Transhipment Regulations
(SCMTR)}-reg.
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30
Mar
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Circular No. 15/2026
(Delhi)
International Tran shipment of FCULCL cargo from all Ports/Airports, in
view of disruption in maritime routes due to closure of the Strait of Hormuz Section 143AA of the Customs Act, 1962- reg.
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30
Mar
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Circular No 14/2026
(Delhi)
Clarification regarding validity period for self-sealing permission to exporters under Circular No. 26/2017-Customs and Circular No.36/2017-Customs.
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INCOME TAX
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1
Apr
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Notification No. 22/2026
(Delhi)
G.S.R. 198(E).—In exercise of powers conferred by section 533 of the Income-tax Act, 2025 (30 of 2025),
the Central Board of Direct Taxes hereby makes the following rules, namely:–
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1
Apr
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Notification No. 23/2026
(Delhi)
S.O. 1490(E).— In exercise of the powers conferred by clause (ii) of sub-section (1) of section 35 of the
Income-tax Act, 1961
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1
Apr
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Notification No. 24/2026
(Delhi)
S.O. 1491(E).— In exercise of the powers conferred by clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961
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1
Apr
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Circular No. 01/2026
(Delhi)
Clarification regarding power to condone delay in filing Form No. 10A
under sub-clause (I) clause (ac) of sub-section (1) of section 12A of the Income
Tax Act, 1961 - reg.
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1
Apr
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Circular No. 03/2026
(Delhi)
Notification of Sovereign Wealth Fund under Schedule V [Table: SI. No. 7.Note S(a)(ii)(G)] of the Income-tax Act, 2025-reg.
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1
Apr
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Circular No. 02/2026
(Delhi)
Order under section 119 of the Income-tax Act, 1961 for extension of
timeline for issuance of tax deducted at source (TDS) certificate under.section
203 of the Act for the quarter ending 31st Decemb
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1
Apr
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Notification No. 25/2026
(Delhi)
S.O. 1532(E).—In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961
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1
Apr
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Notification No. 26/2026
(Delhi)
S.O. 1533(E).—In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961
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1
Apr
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Notification No. 27/2026
(Delhi)
S.0. 1534(E).—In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961
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RBI
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1
Apr
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RBI/2025-26/253
(Delhi)
Reporting under Foreign Exchange Management Act, 1999 – Returns pertaining to External Commercial Borrowing (ECB)
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1
Apr
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RBI/2025-26/256
(Delhi)
Reserve Bank of India (Commercial Banks - Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026 (Revised)
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1
Apr
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RBI/2025-26/257
(Delhi)
Reserve Bank of India (Commercial Banks – Financial Statements: Presentation and Disclosures) – Third Amendment Directions, 2026 (Revised)
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1
Apr
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RBI/2025-26/258
(Delhi)
Reserve Bank of India (Commercial Banks – Undertaking of Financial
Services) – Amendment Directions, 2026 (Revised)
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1
Apr
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RBI/2025-26/263
(Delhi)
Reserve Bank of India (Trade Relief Measures) Directions, 2026
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1
Apr
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RBI/2025-26/264
(Delhi)
Formation of new district in the State of Goa – Assignment of Lead Bank Responsibility
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1
Apr
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RBI/2025-26/255
(Delhi)
Reserve Bank of India (Commercial Banks - Concentration Risk Management)
Amendment Directions, 2026 (Revised)
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1
Apr
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RBI/2025-26/259
(Delhi)
Reserve Bank of India (Small Finance Banks – Credit Facilities)
Amendment Directions, 2026 (Revised)
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1
Apr
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RBI/2025-26/260
(Delhi)
Reserve Bank of India (Small Finance Banks - Concentration Risk
Management) Amendment Directions, 2026 - (Revised)
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1
Apr
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RBI/2025-26/261
(Delhi)
Reserve Bank of India (Small Finance Banks - Prudential Norms on Capital
Adequacy) Second Amendment Directions, 2026 (Revised)
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1
Apr
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RBI/2025-26/262
(Delhi)
Reserve Bank of India (Small Finance Banks – Financial Statements:
Presentation and Disclosures) – Second Amendment Directions, 2026
(Revised)
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30
Mar
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RBI/2025-26/251
(Delhi)
Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL
(Da'esh) & Al-Qaida Sanctions List: Listing of 02 Entries
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INDIAN ECONOMY
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Vegetable prices have plunged since January, worsening farm distress even as consumers get relief. Potatoes are down 40%, onions 50% and tomatoes up to 80%, driven by a supply glut and peak harvest arrivals.
Among benchmark wholesale markets, potatoes trade near 4/kg in Azadpur, onions at 10-11/kg in Lasal...
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India’s apparel exports grew by a modest 1.5% year-on-year in dollar terms during the period April to December of FY2026, as tariffs imposed by the US continued to weigh on demand, ICRA said in its latest report released on Tuesday. A depreciating rupee, however, supported a relatively stronger 5.8% growth in...
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India's inward receipts from international trade in services, incomes and remittances climbed 56% to $464 billion in the first nine month of FY26, helping in the country's balance of payments, Reserve Bank of India (RBI data showed.
Receipts from the services sector, which accounted for two-third of the to...
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Last month, the Union Cabinet approved modifications to India's foreign investment regulatory framework on cross-border investments originating from land-bordering countries (LBCs) with India. This amendment to 'Press Note 3' (PN3), originally introduced in April 2020 during the pandemic to curb opportunistic...
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India’s rupee may weaken to a record 100 per dollar or beyond if the Iran war drags on, with strategists warning that authorities’ efforts to slow its roughly 10% drop over the past year may only provide temporary relief.
Analysts at Wells Fargo and Van Eck Associates Corp. say elevated oil prices will acc...
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India will grant a temporary customs duty relief for goods manufactured in special economic zones and sold in the domestic market, according to a government notice dated Tuesday.
The lowered duty rates will range between 5% to 12.5% across industries, the notice showed.
The relief will be effective from...
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The government is drawing up a comprehensive reform road map amid the West Asia conflict, seeking to build on measures already under way, people familiar with the matter told ET.
In a communication earlier this month, the Prime Minister's Office asked various ministries and departments to submit reform pla...
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The Indian economy demonstrated resilience in FY26 amidst high US tariffs and geopolitical developments, with estimates indicating a robust real Gross Domestic Product (GDP) growth of 7.6%, according to official advance estimates. Upward revisions of growth estimates for FY26 and FY27 by major rating agencies...
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MARKET & FINANCE
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Foreign institutional investors (FII) withdrew more than Rs 1.6 lakh crore from Indian equities in FY26 - the highest in a financial year - although a record Rs 8.5 lakh crore of fresh commitments from domestic funds formed the ideal rearguard against the potentially debilitating FII exits through the worst r...
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India's remittance engine is staring at a stress test it hasn't quite encountered in years.
For a long time, the country's external sector has rested on a quiet but powerful cushion: a steady flow of money sent home by Indians abroad.
As conflict involving Iran and US-Israel escalates in West Asia, alongsid...
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The Reserve Bank of India’s dollar short forward positions rose $9.2 billion to $77.6 billion in February– up 13.5% on month, according to data released by the central bank on Tuesday.
The rise in short positions can be attributed to the regulator’s forex swap, along with FX interventions to defend the rup...
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The government on Monday left interest rates unchanged for various small savings schemes, including PPF and NSC, for the eighth straight quarter, beginning April 1, 2026.
“The rates of interest on various Small Savings Schemes for the first quarter of FY 2026-27, starting from April 1, 2026, and ending on ...
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GLOBAL CORPORATE
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The World Trade Organization is unable to deal with the core challenges of the global trading system, but the U.S. is not ready to leave the body, U.S. Trade Representative Jamieson Greer said on Tuesday.
Greer, in a live interview on Bloomberg television, was asked whether Washington planned to quit the W...
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German automaker Mercedes-Benz said on Tuesday it will invest $4 billion at its Alabama plant through 2030 to boost SUV production as it seeks to address significant U.S. auto tariffs.
In total, luxury automaker Mercedes-Benz said it plans to invest more than $7 billion in U.S. operations in the coming yea...
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Many Asian economies saw factory activity slow in March, business surveys showed on Wednesday, a sign surging fuel costs and heightening global uncertainty from the Iran war were taking a toll on the region.
The findings highlight the challenge policymakers face in a region that buys about 80% of the oil t...
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Tesla new car registrations in March more than tripled in France, just shy of an all-time high recorded over two years ago, and doubled in Denmark, national data showed on Wednesday in the latest sign of the EV giant's sales recovery in Europe.
Tesla, the world's most valuable automaker by market capitalis...
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Energy-starved Asian nations are taking advantage of US sanction waivers to buy Russian oil to fill gaps caused by the Iran war.
The Philippines took its first cargo of ESPO crude in nearly six years, while South Korea’s first Russian naphtha shipment this year has arrived at Daesan port and is awaiting di...
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OpenAI on Tuesday said that the startup was valued at $852 billion in a freshly closed funding round that raised $122 billion.
The eye-watering level of funding came in higher than originally projected, reflecting the surging costs of computing power and arriving amid lingering questions about whether Open...
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GLOBAL ECONOMY
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U.S. job openings fell more than expected in February and hiring dropped to the lowest level in nearly six years, government data showed on Tuesday.
Job openings, a measure of labor demand, decreased 358,000 to 6.882 million by...
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Japan saw the business mood improve and corporate inflation expectations heighten in the three months to March, a closely watched survey showed, helping the central bank make the case for an interest rate hike as soon as this mont...
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Japan's factory activity expanded at a slower pace in March as growth in output, orders and manufacturers' confidence cooled and cost pressures hit a 19-month high due to the Middle East conflict, a private-sector survey showed on...
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South Korea's exports beat forecasts in March, surging at their fastest pace in nearly four decades on an AI-driven chip boom, but supply risks from the Middle East conflict cast a shadow over future prospects.
Exports from Asi...
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South Korea's factory activity expanded at the strongest pace in more than four years in March, led by semiconductor demand and new product launches, even as the Middle East war dragged on overseas orders, a private-sector survey ...
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China's manufacturing sector expanded in March for a fourth straight month as output and new orders continued to grow, but rising price pressures sharply intensified, a private-sector survey showed on Wednesday.
The RatingDog C...
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INDIAN CORPORATE
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JSW MG Motor India on Wednesday reported a 19 per cent year-on-year rise in dispatches to dealers at 6,528 units in March.
The wholesales for March reflected sustained momentum across its internal combustion engine (ICE) and ne...
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The Netherlands-based arm of Magnum Ice Cream Company has completed the acquisition of a controlling stake in Kwality Wall’s (India), after the exit of Unilever and its group entities from the promoter category.
According to th...
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COMMERCIAL LAW
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In a unique move to push investments into India the Japanese Foreign Ministry will create a new centre on Wednesday to assist Japanese companies looking to expand into the big market.
This Centre will assist Japanese companies ...
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GST
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India's net Goods and Services Tax (GST) collection rose to Rs 1.78 lakh crore in March 2026, registering a growth of 8.2% compared to the same period last year, as per official data released on Wednesday.
Gross GST collections for the month of March reached over Rs 2 lakh crore, up 8.8% against Rs 1.83 la...
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