Other Briefings
India’s Textile PLI Scheme: Extended Window till March 31
India has extended the application window for the Textile PLI Scheme to March 31, 2026. Businesses in the textile sector should act quickly to secure incentives for scaling production and strengthening export competitiveness.
India Unveils Draft Income Tax Rules, 2026 Ahead of April 1 Rollout
India’s tax administration has released the draft Income Tax Rules, 2026. The proposal streamlines the compliance framework, reducing it to 333 rules and 190 statutory forms. Public consultation remains open until February 22, 2026.
India Pitches Semiconductors, Clean Energy to Malaysian Capital During Modi Visit
Prime Minister Narendra Modi’s visit to Kuala Lumpur, Malaysia, signals India’s push to attract Malaysian capital into semiconductors, clean energy, digital payments, and advanced manufacturing.
One Central Registration: India’s Answer to Labor Compliance Complexity
India’s one central registration under the new labor codes streamlines employer registrations, licenses, and returns, while preserving statutory worker protections.
US to Reduce Tariffs on Indian Exports Within Days: India’s Commerce Minister
The US is set to roll back tariffs on Indian exports from 50 percent to 18 percent within days, according to the commerce minister. The signing of a joint statement, expected between February 11 and 13, 2026, will activate the first phase of the India–US trade framework.
India’s New Insurance FDI Framework Takes Effect from February 5, 2026
India’s liberalized insurance foreign direct investment (FDI) regime is now operational, allowing up to 100 percent foreign ownership from February 5, 2026, under the amended insurance laws.
CDSCO Introduces Online Risk Classification Portal for Medical Device Importers and Manufacturers
India’s medical device regulatory authority, CDSCO, has rolled out a new online risk classification facility, allowing manufacturers and importers to confirm a medical device’s risk class before licensing—reducing uncertainty at a key stage of India’s regulatory process.
India-US Trade Deal Cuts Tariffs, Lifts Export and Investment Outlook
India’s new trade agreement with the US reduces tariff risk, boosts exporter confidence, and signals renewed momentum for manufacturing, agriculture, and FDI-linked sectors.
