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How to Import Restricted Goods in India: DGFT License Process, Documents & Compliance Guide

2026-03-20
In March 2026, the central government issued a notification on temporary restrictions on imports of specific items in India. The circular, issued by the Directorate General of Foreign Trade (DGFT) on March 16, 2026, specifies that the restriction would be till June 30, 2026. This decision comes amid the West Asia conflict, which has resulted in global economies reassessing their trade strategies and supply chain operations and protecting their GDP figures.
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China Briefing

China annual IIT Settlement in 2026 Is Open: Are You Ready?

03/19/2026

China annual IIT reconciliation 2026 applies to resident taxpayers for the 2025 tax year and runs from March 1 to June 30, 2026, with filing fully open to all taxpayers from March 21 without any pre‑appointment requirement.

India Briefing

India Launches RELIEF Initiative to Support Exporters Amid West Asia Disruptions

03/19/2026

To mitigate the impact of escalating West Asia maritime disruptions, India has launched the RELIEF initiative to cushion exporters against rising freight and insurance costs.

Vietnam Briefing

Vietnam, China Advance Economic Cooperation Amid High-Level Engagements

03/19/2026

As the primary coordination mechanism between the two governments, the platform plays a critical role in translating political consensus into concrete economic outcomes.

Middle East Briefing

Bahrain Is Set to Introduce Corporate Income Tax: What Businesses Need to Now

03/19/2026

Bahrain is planning the introduction of Corporate Income Tax, marking a structural shift from a tax-free to a taxable business environment, expanding obligations beyond large multinationals to the wider corporate sector.

ASEAN Briefing

Vietnam Foreign Contractor Tax Explained: A Guide for Cross-Border Payments

03/20/2026

Foreign investors entering Vietnam frequently rely on cross-border payments for services, financing, licensing, and intra-group support.

China Briefing

China’s Brain-Computer Interface Industry – Tapping into the Future of Human-Machine Integration

03/19/2026

China’s brain-computer interface industry is poised for major growth in the coming years as new technological breakthroughs open up possibilities across healthcare, education, entertainment, and more.

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ASEAN

Vietnam Foreign Contractor Tax Explained: A Guide for Cross-Border Payments

03/20/2026

Assess Vietnam’s foreign contractor tax on cross-border payments, including rates, risks, and structuring considerations for foreign investors.

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China

China Briefing

Deepening Regional Integration: The GBA in China's 15th Five-Year Plan

03/20/2026

China's 15th Five-Year Plan sets out an ambitious agenda for the Greater Bay Area, deepening cross-boundary integration across Guangdong, Hong Kong, and Macao. For foreign businesses, it signals new opportunities across finance, technology, and professional services.

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India

India Briefing

CBDT Notifies Income-tax Rules 2026: What Companies & Foreign Investors Must Know

03/20/2026

India has notified the Income-tax Rules, 2026, introducing enhanced norms, clearer capital gains provisions, etc. Businesses should review the new framework and strengthen documentation needs to ensure compliance and effectively manage tax risks.

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Vietnam

Vietnam Briefing

Vietnam, China Advance Economic Cooperation Amid High-Level Engagements

03/19/2026

Vietnam and China strengthen economic ties after the 17th Steering Committee meeting during Wang Yi’s visit.

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Country Guide Portal
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Middle East

Middle East Briefing

Oman’s Sustainable Tourism Boom: The Investment Case for Hospitality, Eco-Lodges and Heritage Sites

03/20/2026

Oman's sustainable tourism industry is becoming a core investment sector under Vision 2040, with growth driven by eco-tourism, heritage assets, and selective hospitality projects rather than mass-market development.

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