Search: NCE

August 2026

• 31Aug

  Company LawMCA extended the Companies Compliance Facilitation Scheme, 2026 a second time — up to 15 September 2026

  15 September 2026Extended

  General Circular 04/2026 dated 31 August 2026 extended CCFS-2026 from 31 August to 15 September 2026 on representations from stakeholders. All other terms of the Scheme stayed unchanged.

• 31Aug

  Trademark & IPIP Office’s mandatory e-KYC: last date was 30 September 2026, and the notice called it the final extension

  e-KYC: 30 Sept was finalExtended

  By a public notice dated 31 August 2026, the Office of the CGPDTM moved the last date for completing mandatory e-KYC from 31 August to 30 September 2026 and said no further extension would be granted. That date has now passed. An earlier notice had warned of inconvenience or disruption in availing the Office’s services.

• 31Aug

  FEMA & RBIIFSCA Fund Management Regulations amended again: “associate” set at a 20% test, pre-first-close money ring-fenced, differential distribution enabled

  Associate = 20% holding testRule change

  The IFSCA (Fund Management) (Second Amendment) Regulations, 2026 redefine “associate” on a 20 per cent holding test, require money received before first close to be parked only in liquid, capital-preserving investments, let Venture Capital schemes make follow-on investments in companies older than ten years, enable senior and junior units, and reset NAV disclosure and FME contribution rules.

• 31Aug

  Foreign TradeFree Sale and Commerce Certificates to be issued automatically on the DGFT portal: Trade Notice No. 24/2026-27

  Automated FSC on DGFT portalNew facility

  DGFT is enabling automated issuance of Free Sale and Commerce Certificates (FSC) on its portal, moving from manual verification by Regional Authorities to a rule-based, system-driven workflow. Applications that need verification may still go to the Regional Authority, and some auto-approved ones may be flagged for review later.

• 30Aug

  LicencesLegal Metrology (Indian Standard Time) Rules, 2026 notified: IST to be the common time reference; Rules take effect 180 days after Gazette publication

  IST Rules: 180 days to alignRule change

  The Department of Consumer Affairs notified the Legal Metrology (Indian Standard Time) Rules, 2026 on 27 August 2026. The Rules provide for Indian Standard Time as the common time reference across the country for legal, administrative, commercial and other official purposes, and come into force 180 days from the date of their publication in the Official Gazette.

• 28Aug

  SEBINPS Point of Presence charges from 1 October 2026: ₹200 one-time onboarding per PRAN and 0.20% of AUM a year for all schemes and NPS Lite; dormant accounts not charged

  PoP: ₹200 + 0.20% of AUMRule change

  PFRDA has revised what Points of Presence can charge for all schemes under NPS and NPS Lite from 1 October 2026: a one-time onboarding charge of ₹200 per PRAN, recovered at ₹50 a quarter, and an annual charge of 0.20% of AUM adjusted through NAV. Dormant accounts are not charged. Fully digital onboarding may attract a reduced ₹100 charge. GST is extra.

• 27Aug

  CustomsRaw sugar imported under Advance Authorisation and moved to TRQ: IGST to be paid on a reassessed Bill of Entry, interest waived

  Interest waivedClarified

  Circular 37/2026-Customs lays down how an Advance Authorisation holder pays the earlier-exempted IGST at the port of import after the one-time conversion to the Tariff Rate Quota scheme, so that input tax credit can flow to GSTN.

• 25Aug

  FEMA & RBIIFSCA notifies its own market-abuse code for the IFSC: insider trading and unfair trade practices barred; SEBI’s 2015 and 2003 regulations cease to apply there

  Insider trades: disclose in 2 daysRule change

  The IFSCA (Prohibition of Market Abuse in Securities Markets) Regulations, 2026 bar insiders from communicating or trading on material non-public information and prohibit manipulative, fraudulent and unfair trade practices in the IFSC securities market. From their commencement, SEBI’s insider trading regulations of 2015 and PFUTP regulations of 2003 do not apply in the IFSC.

• 25Aug

  FEMA & RBIInfrastructure Debt Fund-NBFCs under Upper Layer regulation to follow the large exposure limits of NBFC-IFCs: RBI amends concentration risk Directions

  IDF-NBFC: IFC exposure limitsRule change

  RBI has inserted paragraph 39A in its concentration risk Directions for NBFCs. The large exposure limits that apply to Infrastructure Finance Companies (NBFC-IFC) now also apply to Infrastructure Debt Fund-NBFCs (IDF-NBFC) that are subject to Upper Layer regulations. The amendment is dated 25 August 2026 and is in force with immediate effect.

• 24Aug

  LicencesMedical Devices Rules, 2017: no separate loan licence for outsourced sterilisation; EU added for clinical-investigation waiver, says Health Ministry

  No loan licence for sterilisationRule change

  The Health Ministry says the Medical Devices Rules, 2017 have been amended. Under amended rule 44, a manufacturer that outsources sterilisation to a facility holding a valid licence under the Rules no longer needs a separate loan licence for that activity. Rule 63 now includes the European Union among the jurisdictions recognised for waiver of clinical investigation.

• 21Aug

  Trademark & IPDraft Trade Marks Manual: what counts as proof of prior use, and how a mark gets on the well-known list

  Draft Trade Marks ManualComments invited

  The Trade Marks Registry’s draft Manual of Trade Marks — Practice & Procedure runs to seven chapters, from filing to renewal. Chapter 7 sorts user evidence into “primary” and “secondary” documents and sets out the well-known mark procedure under rule 124. It is a draft, not final practice.

• 21Aug

  Company LawCCI penalises Agro Input Dealers Association and Agro Input Welfare Association for cartelisation; orders competition compliance training

  CCI penalty on agro input bodies

  By an order dated 21 August 2026 under section 27 of the Competition Act, 2002 (Case No. 06 of 2023), CCI has imposed monetary penalties on Agro Input Dealers Association (AIDA), Agro Input Welfare Association (AIWA) and four individuals, directed them to cease and desist, and ordered a competition compliance training programme.

• 21Aug

  Startup & MSME₹62,500 crore Mobile Phone Manufacturing Scheme notified for FY 2026-27 to FY 2030-31: incentives of 2.25%–5% for manufacturers, 5% plus 3% for Indian brands

  MPMS: ₹62,500 crore, 5 yearsNew facility

  The Ministry of Electronics and IT has notified the Mobile Phone Manufacturing Scheme with an outlay of ₹62,500 crore for FY 2026-27 to FY 2030-31. Target Segment 1 gives manufacturers an incentive of 2.25% to 5%; Target Segment 2 gives Indian brands 5% plus 3% for Indian design and R&D. Up to 1.5% more is available for domestic sourcing of key components.

• 21Aug

  Foreign TradeOne Star Export House status on two years’ performance out of three; Diamond Imprest para drops Compensation Cess reference — DGFT Notifications 33/2026-27 and 32/2026-27

  Two out of three yearsRelief

  Two amendments to the Foreign Trade Policy 2023 dated 21 August 2026. Para 1.25(d) now lets an applicant (other than Gems & Jewellery) get One Star Export House status with export performance in any two of the three preceding financial years. Para 4.63 on Diamond Imprest Authorisation no longer refers to Compensation Cess, which stands discontinued from 1 February 2026.

• 21Aug

  Foreign TradeExport Obligation extension approved by PRC or EPCG Committee will now be issued by the system — no second application to the RA

  No second applicationNew facility

  Trade Notice 21/2026-27 introduces an automated facility for Advance Authorisation and EPCG cases: once the Committee approves, the exporter pays the fee on the DGFT portal and the extension letter is generated automatically.

• 21Aug

  FEMA & RBI29 FDI investments worth ₹4,895.65 crore reported under the revised land-border-country rule

  ₹4,895.65 croreRelief

  Since Press Note 2 of 2026, investors with non-controlling land-bordering-country ownership of up to 10% can use the automatic route after reporting to the Government.

• 21Aug

  GSTDGGI finds 27 undeclared pouch-packing machines in UP pan masala unit; evasion of about ₹185 crore

  ₹185 crore

  Searches at six premises in Chitrakoot and Banda led to seizure of 15.5 lakh pouches. Since the capacity-based levy began on 1 February 2026, DGGI has booked 27 cases with evasion of ₹668 crore.

• 18Aug

  Income TaxIncome Tax Department verifies suspicious foreign remittances; 36 professionals who issued Form 15CB covered

  394 entitiesAction needed

  A nationwide verification launched on 18 August 2026 covers about 394 entities and 36 professionals. CBDT has asked Accountants to exercise due care before certifying remittances in Form 15CB / Form 146.

• 18Aug

  Foreign TradeImport of clear float glass (4 mm–12 mm) moved to “Restricted”; free only at CIF ₹34,000 per MT and above — DGFT Notification 29/2026-27

  MIP ₹34,000 per MTRule change

  DGFT has revised the import policy of clear float glass (4 mm–12 mm) under ITC (HS) codes 70051090 and 70052990 from “Free” to “Restricted”. Import stays “Free” where the CIF value is ₹34,000 or more per MT. The minimum import price condition does not apply to Advance Authorisation holders, EOUs and SEZ units, and runs for one year.

• 16Aug

  CustomsDRI uncovers misuse of SAFTA in areca nut imports; duty loss put above ₹2,500 crore

  ₹2,500 crore

  South-East Asian areca nuts were declared as Bangladesh origin to claim full duty exemption under SAFTA. Nine persons are arrested and a Customs Broker’s licence is suspended.