New Delhi, Apr 2 (KNN) The Ministry of Textiles has extended the Rebate of State and Central Taxes and Levies (RoSCTL) scheme for exports of apparel and made-ups till September 30, 2026.

New Delhi, Apr 2 (KNN) The Department of Defence Production (DDP) has initiated steps to improve ease of doing business and boost domestic manufacturing in the defence sector, including plans to automate access to testing facilities of the Defence Research and Development Organisation (DRDO).

New Delhi, Apr 2 (KNN) India’s small and medium enterprises (SMEs) are facing increasing financial stress due to the inverted duty structure (IDS) under the Goods and Services Tax (GST) regime, an Empower India note said, citing industry stakeholders.

New Delhi, Apr 2 (KNN) The Government has notified the Plastic Waste Management (Amendment) Rules, 2026, mandating the use of recycled plastic in packaging by producers, importers and brand owners. 

New Delhi, Apr 2 (KNN) The Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce and Industry, has completed a month-long special drive to expedite the issuance of Export Obligation Discharge Certificates (EODCs), significantly accelerating clearances and reducing backlog.

Bhubaneswar, Apr 2(KNN) Bharat Coal Gasification and Chemicals Limited (BCGCL) and Mahanadi Coalfields Limited (MCL) have signed land leasing agreement for a coal-to-ammonium nitrate project at Lakhanpur in Odisha, marking a significant step in advancing India’s coal gasification roadmap.

New Delhi, Apr 2 (KNN) The Lok Sabha on Wednesday passed the Jan Vishwas (Amendment of Provisions) Bill 2026, aimed at decriminalising minor offences and rationalising regulatory provisions to enhance ease of doing business and living.
 
Major Decriminalisation Push
As part of the reforms 717 provisions will be decriminalised, 67 provisions will be amended to improve ease of living and over 1,000 offences will be rationalised, including removal of outdated and redundant clauses.
 
The move is expected to significantly reduce compliance burden, particularly for Micro, Small and Medium Enterprises (MSMEs).
 
Focus on Ease of Business and Living
Speaking on the Bill, Piyush Goyal said the reforms would benefit businesses and citizens by simplifying regulatory frameworks and promoting trust-based governance.
 
The legislation introduces measures such as revision of fines and penalties proportionate to offences, appointment of adjudicating officers and establishment of appellate authorities for dispute resolution.
 
Wide-Ranging Legal Reforms
The Bill proposes amendments to several key laws, including Reserve Bank of India Act 1934, Life Insurance Corporation Act 1956, Pension Fund Regulatory and Development Authority Act 2013, Food Safety and Standards Act 2006, among others.
 
It also covers sectors such as real estate, coal, mining, shipping, petroleum, power, railways, copyright, and patents.
 
The Jan Vishwas Bill 2026 is seen as a major regulatory reform step, aimed at reducing criminal liability for minor business-related offences and fostering a more compliance-friendly and investment-oriented environment in India.
 
(KNN Bureau)

New Delhi, Apr 2 (KNN) India has permitted the export of specified quantities of essential commodities—including eggs, potatoes, onions, rice, wheat flour, sugar and pulses—to the Maldives for 2026–27 under the bilateral trade agreement between the two countries.

New Delhi, Apr 2 (KNN) In a targeted relief measure, the Government of India has announced a full customs duty exemption on dozens of critical petrochemical products till June 2026 to mitigate the impact of supply disruptions arising from the ongoing West Asia conflict.

New Delhi, Apr 2 (KNN) The Government has imposed immediate restrictions on imports of gold, silver and platinum jewellery to curb misuse of free trade agreements (FTAs), it said on Wednesday.