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October 2026
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SEBINABKISAN lists India’s first WASH-focused social bond on NSE, raises ₹180 crore at 8.10% coupon
₹180 crore, 8.10%, 5 yearsNew facilityNABKISAN Finance Limited, a NABARD subsidiary, listed a social bond dedicated exclusively to the Water, Sanitation and Hygiene (WASH) sector on the National Stock Exchange on 1 October 2026. The issue was oversubscribed 1.8 times and raised ₹180 crore. The five-year bond carries a coupon of 8.10 per cent, matures in September 2031 and is rated CRISIL AAA (Stable) and CARE AAA (Stable).
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Labour“Shram Samvad”: Labour Ministry’s 90-day outreach on the four Labour Codes reaches industrial clusters in Delhi, Haryana and Uttarakhand
316 districts, 90 daysThe Ministry of Labour & Employment held district-level Shram Samvad programmes at Haridwar, Naraina (New Delhi) and Sonipat on 1 October 2026. The campaign, launched on 28 September 2026, runs for 90 days across 316 districts to explain applicability and employer compliance under the new Labour Codes.
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Startup & MSMEGOBARdhan compressed biogas scheme launched: ₹23,731 crore outlay, capital assistance up to ₹2 crore per TPD and credit guarantee for MSME plants
CBG price ₹2,110 per MMBtuNew facilityGOBARdhan, the unified scheme for compressed biogas (CBG), was approved by the Union Cabinet on 6 August 2026 with an outlay of ₹23,731 crore for FY 2026-27 to FY 2035-36 and launched on 1 October 2026 with a Handbook and a Unified GOBARdhan Portal. It offers an administered CBG price of ₹2,110 per MMBtu, capital assistance and a credit guarantee for MSME projects.
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LicencesSugar stock limits: dealers capped at 1,000 quintals and 15 days from 15 October to 30 November 2026; bulk consumers may hold 30 days’ stock using imported sugar
Sugar dealers: 1,000 qtl, 15 daysRule changeThe Government has fixed the sugar dealers’ stock limit at 1,000 quintals and the holding period at 15 days from 15 October to 30 November 2026, with 2,000 quintals for Kolkata and its extended metropolitan areas and Assam. Separately, bulk consumers may hold 30 days’ stock instead of 15, but the extra quantity must come only from sugar imported under Advance Authorisation or TRQ.
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CustomsICEGATE now verifies AD Code and incentive bank accounts directly with banks through API; no document upload for API-integrated banks
Bank verification by APINew facilityICEGATE has integrated with participating banks to verify AD Code and incentive bank account details electronically. For API-integrated banks, the user need not select a document type or upload a document with IRN. The advisory of 1 October 2026 lists what must match across ICEGATE, DGFT and bank records, and the common reasons a verification fails.
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FEMA & RBIRBI issues Master Circular on credit facilities to Scheduled Castes and Scheduled Tribes: what banks must do
Master Circular, 1 Oct 2026RBI has issued its Master Circular consolidating instructions to banks on credit facilities to Scheduled Castes and Scheduled Tribes. It covers credit planning, help with applications, no insistence on deposits, rejection of loan applications only at the next higher level, the 40 per cent share under the DRI scheme, the credit guarantee scheme for SC entrepreneurs, and monitoring through a special cell at Head Office.
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FEMA & RBIForm A2 remittances: authorised dealers’ internal guidelines can now be approved by a Board committee or management committee, says RBI
A.P. (DIR) Circular 23ReliefRBI has modified its July 2024 circular on online submission of Form A2. Authorised dealers may now frame their internal guidelines for outward remittances with the approval of the Board or of any Board Committee / Management Committee to which the Board has delegated powers. All other instructions of the 2024 circular remain unchanged.
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CustomsImport permit now a statutory requirement for insecticides imported for non-insecticidal use, including acrylonitrile: CBIC Instruction 18/2026-Customs
Form IA, fee ₹5,000Action neededCBIC has told Customs field formations that an import permit from the Registration Committee is a statutory requirement for importing any substance in the Schedule to the Insecticides Act, 1968 for non-insecticidal use. The requirement comes from the Insecticides Third (Amendment) Rules, 2026 (G.S.R. 597(E) of 8 July 2026): application in Form IA with a fee of ₹5,000.
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GSTGST portal opens “Multistate Registration”: apply for several States under one PAN in one go
One PAN, many StatesNew facilityGSTN has added a Multistate Registration tab on the portal home page. Common details are entered once through a Master TRN and flow into each State application. For now it is only for normal taxpayers.
September 2026
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Foreign TradeRoDTEP continues till 31 December 2026. Rates and caps stay as they are.
31 December 2026ExtendedDGFT has kept the export remission scheme open for another three months. It covers DTA units, Advance Authorisation holders, SEZ units and EOUs, at the Appendix 4R and 4RE rates that applied on 30 September.
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Accounting & AuditNFRA lists 35 questions an audit committee may put to the statutory auditor on going concern under SA 570 (Revised)
Going concern: 35 questionsNew facilitySeries 6 of NFRA’s Auditor–Audit Committee Interaction papers deals with the going concern assessment. It sets out six situations under SA 570 (Revised) with the reporting outcome of each, explains why the CARO 2020 clause 3(xix) answer can differ from the SA 570 conclusion, and lists 35 questions an auditor may expect.
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Startup & MSMEPRIP scheme second call open: new discovery track of up to ₹50 crore for startups and MSMEs, alongside early-stage and later-stage tracks
PRIP: up to ₹50 crore new trackNew facilityThe Department of Pharmaceuticals has opened the PRIP portal for the second call of the ₹5,000 crore Promotion of Research and Innovation in Pharma & MedTech scheme and added a New Discovery track: up to ₹50 crore for startups and MSMEs doing NCE/NBE projects at TRL 1–3, with at least 25% co-funding from bona fide institutional investors.
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CustomsSAED on diesel exports cut to ₹16 per litre and on ATF exports to ₹10.5 per litre from 1 October 2026: Notifications 52 and 53/2026-Central Excise
Diesel ₹16, ATF ₹10.5 per litreReliefTwo Central Excise notifications dated 30 September 2026 revise the Special Additional Excise Duty on exports of diesel and Aviation Turbine Fuel with effect from 1 October 2026: diesel from ₹20 to ₹16 per litre and ATF from ₹15 to ₹10.5 per litre. The notifications issued since 3 August show the rate on diesel falling from ₹24 and on ATF from ₹22.
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Foreign TradeRaw sugar: 10 lakh MT duty-free TRQ up to 31 October 2026; surrender of unutilised quota now allowed till 15 October 2026 — DGFT Notification No. 31/2026-27 and Public Notices
Surrender TRQ by 15 Oct 2026ExtendedDGFT allowed import of 10 lakh MT of raw sugar duty-free under a Tariff Rate Quota up to 31 October 2026, with a one-time option to convert Advance Authorisations under SION E-52 to the TRQ. A series of public notices set the modalities; the latest, of 30 September 2026, lets TRQ holders surrender unutilised quantity up to 15 October 2026 on payment of 0.5% of CIF value.
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Foreign TradeRELIEF Component II timelines extended up to 31 March 2027 for exporters hit by West Asia disruption: DGFT Notification No. 37/2026-27
RELIEF till 31 March 2027ExtendedDGFT has extended the eligibility and validity criteria under Component II of the RELIEF intervention (Resilience & Logistics Intervention for Export Facilitation) up to 31 March 2027, for shipments meant for delivery or transshipment under the intervention. Component II is about ECGC cover for shipments to the specified regions.
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Foreign TradeRoDTEP scheme continued up to 31 December 2026 at existing rates and value caps: DGFT Notification No. 41/2026-27
RoDTEP till 31 Dec 2026ExtendedDGFT has notified that the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme will continue up to 31 December 2026 for exports by DTA units, Advance Authorisation holders, SEZ units and EOUs. The rates and value caps in Appendix 4R and Appendix 4RE, as applicable on 30 September 2026, stay unchanged.
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CustomsThree more certificates on ICEGATE’s SWIFT 2.0 dashboard: Legal Metrology importer registration, MNRE concessional duty certificate and Coffee Board export permit
SWIFT 2.0: three more LPCOsNew facilityCBIC has brought three more certificates onto the SWIFT 2.0 Unified Dashboard on ICEGATE. The Legal Metrology certificate of registration of importer of weights and measures is now applied for there, all over India, and no longer on the LM portal. The MNRE Concessional Customs Duty Certificate (from 7 August 2026) and the Coffee Board Export Permit Certificate (from 27 July 2026) can be tracked and downloaded.
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LabourEPFO answers employers’ questions on the ₹25,000 ceiling: one ECR for September 2026, contributions split at 17 September, no shift to 1 October
September ECR due 15 OctoberClarifiedEPFO’s FAQs on the revised wage ceiling tell employers to file a single ECR for September 2026, computing contributions separately for 1–16 September (₹15,000 ceiling) and 17–30 September (₹25,000 ceiling). The employee share that could not be deducted may be recovered in the next payroll, but the full remittance is still due by 15 October. The EDLI maximum stays at ₹7 lakh.
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FEMA & RBIIFSCA issues differential distribution framework for Venture Capital and Restricted Schemes: one senior class, junior units from USD 2 million, grants up to 49% for ESG schemes
Junior units: min USD 2 millionNew facilityIFSCA has issued the framework under which Venture Capital Schemes and Restricted Schemes in the IFSC can issue senior and junior or subordinate units with different distribution rights, to facilitate blended finance. Minimum investment in junior units is USD 2 million (USD 1 million for accredited investors). ESG schemes may accept grants up to 49% of corpus.
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CustomsAnti-dumping duty on jute yarn, hessian fabric and sacking bags from Bangladesh and Nepal re-fixed after mid-term review: Notification 24/2026-Customs (ADD)
Jute ADD: nil to US$445 per MTRule changeThe Finance Ministry has substituted the duty table in Notification No. 33/2022-Customs (ADD) on jute products from Bangladesh and Nepal, following DGTR’s mid-term review findings of 25 June 2026. Producer-wise duties now range from nil to US$ 155 per MT; the residual rates go up to US$ 445 per MT for Bangladesh and US$ 292 per MT for Nepal.
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