CBDT Notifies GAAR Clarifications Under Income-tax (Amendment) Rules, 2026
Finance Ministry has notified the Income-tax (Amendment) Rules, 2026, clarifying GAAR exclusion for pre-April 2017 investments.
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Finance Ministry has notified the Income-tax (Amendment) Rules, 2026, clarifying GAAR exclusion for pre-April 2017 investments.
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On 30-3-2026, the Ministry of Finance notified a series of amendments to the Income-tax Rules, 1962, primarily updating various Income-tax Return (ITR) forms. These changes will apply to returns filed for Assessment Year 2026—27 and impact taxpayers across categories, including individuals, HUFs, firms, companies, and charitable entities.
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Delhi Government notified the Delhi Lakhpati Bitiya Scheme Rules, to ensure long-term empowerment and financial security of girl children, with cumulative benefits of Rs. 1 lakh or more through milestone-linked support.
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Ministry of Environment, Forest and Climate Change reported a rise in biodiversity-linked IPR filings, as recorded by the National Biodiversity Authority.
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Corporate Laws (Amendment) Bill, 2026 was introduced in Lok Sabha to propose wide-ranging reforms to the Companies Act, 2013 and the LLP Act, 2008, focusing on decriminalisation, ease of doing business, improved governance, and compliance rationalisation.
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BCI has formally clarified that the three-year moratorium on law colleges has ended, and approvals will now be decided through inspections under the Rules of Legal Education, 2008.
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Petroleum Ministry has confirmed LPG refill booking rules remain unchanged, clarifying that the minimum booking interval continues to be 25 days in urban areas and 45 days in rural areas, dismissing claims of a 35-day gap.
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Finance Ministry has notified the Central Excise (Amendment) Rules, 2026, revising export tax benefits for petrol, diesel and ATF, while preserving strategic exports by PSU oil companies to select neighbouring countries.
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Punjab Government has announced that FIR downloads from the Sanjh Portal and copies from Sanjh Kendras will now be free of charge, with the earlier ₹80 service fee withdrawn with immediate effect.
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Petroleum Ministry has notified an order mandating households in PNG-connected areas to switch to piped natural gas, with LPG supply liable to cease after three months if the switch is not undertaken.
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CGPDTM has published 13 new well known trademarks in accordance with their statutory publication under Rule 124(5) of the Trade Marks Rules, 2017.
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Ministry of Civil Aviation has issued passenger centric guidelines on seating, baggage, and transparency to enhance convenience, uniformity, and trust in civil aviation.
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Maharashtra GST Department has announced temporary relief for Profession Tax compliances due in March 2026, with PTRC payments due by 15 March, PTEC payments by 31 March, and delayed registrations allowed till 30 April 2026.
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EPFO has clarified the process for linking PAN with the establishment profile on the EPFO Unified Portal and introduced a new manual verification facility for cases involving minor name mismatches between EPFO records and the PAN database, easing compliance for employers.
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During the Budget Session of 2026, several significant amendment Bills were introduced in the Rajya Sabha through Private Members.
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Rajya Sabha witnessed the introduction of 13 significant Bills aimed at creating new legislative frameworks across diverse sectors including agriculture, digital governance, urban development, education, labor welfare, and social justice.
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On 13-3-2026, 2 amendment Bills were introduced in the Lok Sabha—one to amend the law relating to the protection of transgender persons and the other to authorize additional government expenditure for the financial year 2025—26.
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The Ministry of Communications has notified a new set of premium services designed to speed up document and parcel delivery across metropolitan cities.
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LPG Amendment Order bars PNG consumers from retaining or obtaining domestic LPG connections, mandating surrender and prohibiting dual connections by Government oil companies.
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The amendment redefines petty food businesses, streamline registration and licensing norms, introduce indefinite validity of licenses subject to compliance, and establish a risk-based system of inspections and audits, including third-party audits when directed by authorities.
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