Revision of Variable Dearness Allowance for Scheduled Employments in Assam

The Notification states it is issued in continuation of previous Notification No. E-238621/700 dated 13 Feb 2026. Rates of Variable Dearness Allowance (VDA) payable to employees in specified scheduled employments are stated to be fixed on the basis of a 100% rise on the average All India General Consumer Price Index for Industrial Workers (base 2016=100).

Exemption from Tax Deduction on Lease Rent Paid to IFSC Ship Lessor Units

Central Board of Direct Taxes notified that no tax shall be deducted under Section 393(1) [Table S.No. 2] of the Income-tax Act, 2025, on payments of lease rent or supplemental lease rent made by a lessee to a lessor being a Unit of an International Financial Services Centre engaged in ship leasing, subject to conditions specified in the notification.

Extension of Validity of Jute Packaging Materials Order

The order amends the Order of the Government of India, Ministry of Textiles, published in the Gazette of India vide number S.O. 1830(E), dated 22nd April, 2025, issued in exercise of powers conferred by sub-section (1) of section 3 of the Jute Packaging Materials (Compulsory Use in Packing Commodities) Act, 1987 (10 of 1987).

Schedule A Demo