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Recent income tax, GST, company law and compliance updates with source references.

Foreign Trade & Customs

India–New Zealand FTA Takes Effect on 20 October 2026: Duty-Free Access for Indian Exports

India’s Ministry of Commerce and Industry confirmed that the India–New Zealand Free Trade Agreement enters into force on 20 October 2026. New Zealand will eliminate customs duties across its tariff lines for eligible Indian-origin goods, while the pact also covers services, investment and safeguards for sensitive agricultural products. Exporters should confirm product-specific origin and documentation requirements before claiming preferences.

Source: Press Information Bureau, Ministry of Commerce and Industry · PIB Release ID 2325235