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

International Trade & Customs

India–New Zealand Free Trade Agreement Takes Effect on 20 October 2026; Indian Exports Gain Duty-Free Access

The India–New Zealand Free Trade Agreement takes effect on 20 October 2026. New Zealand is eliminating customs duties on all tariff lines covering Indian exports, while India retains protections for sensitive products. Exporters must assess applicable rules of origin and documentation to use the preferential treatment.

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