News

TCS will take an extra $70 million charge after the U.S. Supreme Court rejected its appeal in the CSC/DXC case.

US Supreme Court Rejects TCS Appeal in CSC/DXC Case; Company Takes Additional $70 Million Hit

Notifications

The Ministry of Finance has amended an earlier notification to revise the rate under Serial No. 1 to Rs. 12.5 per litre, effective from 16 June 2026.

Government Notifies increase in Central Excise Rate to Rs. 12.5 per Litre on export of ATF

MoHFW has notified the Drugs (Fifth Amendment) Rules, 2026, deleting the exemption applicable to syrups under Schedule K.

Centre Notifies Removal of Syrup Exemption From Schedule K of Drugs Rules

Judgement

HC granted interim relief to a state employee by maintaining status quo on his transfer, allowing him to continue at his current posting until authorities decide his representation citing health and family hardships.

GST Officer Challenged Transfer to Rayagada Citing Heart Ailment and Family Hardship; Orissa High Court Grants Interim Protection

MeitY has revised the CRS product category to cover standalone HDDs, making compliance under IS 13252 (Part 1): 2010 mandatory from November 5.

MeitY Revises Product Category Under CRS; Standalone HDD Compliance Effective November 2026

The Finance Ministry has amended FEMA Non-Debt Instruments Rules, 2019, expanding investment eligibility from NRIs and OCIs to all individuals residing outside India.

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US Supreme Court Rejects TCS Appeal in CSC/DXC Case; Company Takes Additional $70 Million Hit

Government Notifies increase in Central Excise Rate to Rs. 12.5 per Litre on export of ATF

Centre Notifies Removal of Syrup Exemption From Schedule K of Drugs Rules

GST Officer Challenged Transfer to Rayagada Citing Heart Ailment and Family Hardship; Orissa High Court Grants Interim Protection

MeitY Revises Product Category Under CRS; Standalone HDD Compliance Effective November 2026

Govt Expands FEMA Rules: All Individuals Residing Outside India Now Eligible to Invest in Listed Indian Companies