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· MyndLabour

Central rules under the labour codes notified

Summary

Central rules for the four labour codes (in force since 21 Nov 2025) were notified on 8 May 2026.

Key points
  • One wage definition for PF, ESI, gratuity
  • ESIC to all 740 districts
  • State rules still settling
For Korean companiesRe-check CTC against the 50% rule and update contracts.

More

· IANS · Punjab KesariGST

First set of GST changes notified, in force from 1 November

CBIC notified the first set of 57th GST Council changes on 26 October. From 1 November 2026, post-sale discount and credit-note rules are simplified, inverted-duty refunds can be paid 90% provisionally after risk checks, and the place of supply for intermediary services moves to the recipient's location.

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· Business StandardGST

CBIC tightens GST notices: split by year, prove fraud claims

Circulars issued on 26 October (including Circular 258) require multi-year GST notices to show the demand year by year, with facts, evidence, legal provisions and the exact tax. Unpaid tax or a mismatch alone no longer justifies invoking fraud or suppression provisions without specific evidence of intent.

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Central rules under the labour codes notified · Adullam Tax & Accounting