07 Sep (in 3 days) — MSCI to Drop Swiggy From Global Indices
07 Sep (in 3 days) — Pranav Constructions’ ~351 cr IPO to open on Sep 7 at ~118-124/share
12 Sep (in 8 days) — GST Council to meet on September 12
12 Sep (in 8 days) — GST Council to meet on Sept 12; to focus on ease of doing biz, compliance
Direct Tax
1.Nov 30 Registration Deadline for UAE Top-Up Tax
Indian multinational companies with operations in the UAE must register for the domestic minimum top-up tax (DMTT) by November 30, 2026. The DMTT applies if a company is paying less than 15% tax, and firms need to file the first return by June 30, 2027. Compliance inquiries have increased among Indian-headquartered groups following recent guidance from the UAE federal tax authority.
This registration is crucial for compliance and tax planning for clients with UAE operations.
ET · Economic Times
Corporate & MCA
2.Bharat New Car Assessment Programme (NCAP) 2 to Assess Vehicle Safety Chain from October 2027
The government plans to roll out Bharat NCAP 2 from October 2027 to assess the entire vehicle safety chain. This program will evaluate the safety of vehicles, building on the success of Bharat NCAP, which crash-tests passenger cars and awards safety ratings. The cost of vehicle testing in India is significantly lower than in other countries, making it a preferred destination for vehicle testing.
This program will impact compliance and safety standards for automobile manufacturers.
Ministry of Road Transport and Highways · Economic Times
Business briefs
3. Auto industry warned of stricter norms for ICE vehicles Ministry of Heavy Industries
4. FSSAI mulls rules to ban analogue paneer, curb junk food sales near school campuses Food Safety and Standards Authority of India (FSSAI)
5. NOTICE FOR TRANSFER OF UNPAID/UNCLAIMED DIVIDEND AND UNDERLYING SHARES OF AMBER ENTERPRISES INDIA LIMITED Amber Enterprises India Limited
6. What homebuyers should do if developer asks them to pay stamp duty Maharashtra Real Estate Regulatory Authority (MahaRERA)