RBI Master Direction – Miscellaneous Updated
eserve Bank of India updated the Master Direction – Miscellaneous issued to Authorised Dealer Category-I banks and Authorised Banks under FEMA, 1999.
Extension of Validity of Circulars under Section 143AA – Strait of Hormuz Disruptions
Various circulars were issued by the Board under Section 143AA of the Customs Act, 1962, in view of ongoing disruptions in maritime routes due to the closure of the Strait of Hormuz.
Identification and Import Clearance of Hazardous Cargo – System Flagging
References were received from trade requesting identification and import clearance of hazardous cargo, with a request that Bills of Entry covering such goods be flagged by the system so that assessing officers can identify and process them. Consultations were undertaken by the Board with Mumbai Customs Zone-II (NAC Chemicals), and a list of selected hazardous cargo was compiled based on industry feedback, as detailed in Annexure-A of the circular.
Notifications under Code on Social Security, 2020 – Designations, Exemptions and Schemes
Ministry of Labour and Employment issued five notifications on May 8, 2026 under the Code on Social Security, 2020
Model Standing Orders, 2026 under Industrial Relations Code
Central Government has notified the Model Standing Orders, 2026 under the Industrial Relations Code, 2020.
Appointment of Appellate Authorities under Industrial Relations Code, 2020
Central Government has appointed the Chief Labour Commissioner (Central) and Deputy Chief Labour Commissioners (Central) across various regional jurisdictions as Appellate Authorities under the Industrial Relations Code, 2020.
Notifications under Industrial Relations Code, 2020 – Designation, Appointment and Delegation of Powers
Ministry of Labour and Employment, Government of India, issued six notifications on May 8, 2026 under the Industrial Relations Code, 2020
Central Government Specifies 1% Cess under Code on Social Security, 2020
Ministry of Labour and Employment issued a notification specifying cess on the cost of construction incurred by an employer on building or other construction work.
Central Government Appoints Certifying Officers under Industrial Relations Code, 2020
Ministry of Labour and Employment issued a notification appointing officers to perform the functions of Certifying Officers under the Industrial Relations Code, 2020.
Central Government Specifies 1% Cess under Code on Social Security, 2020
Ministry of Labour and Employment issued a notification specifying cess on the cost of construction incurred by an employer on building or other construction work.
