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LatestLicenses And Certifications 24 July 2026

Business Updates

The Supreme Court has refused to revive income tax reassessment notices against GE Power Solutions, while a business in Guwahati was fined ₹1.5 lakh for operating without a trade license. Shops in Connaught Place will close at 6:30 pm today amid CJP protests. The MSME sector has reported over 8 crore jobs under the UDYAM registration portal, with the government implementing the PM Vishwakarma Scheme in West Bengal to support women-owned enterprises.

The business world has seen several significant developments recently.
- The Supreme Court has refused to revive income tax reassessment notices against *GE Power Solutions*, citing the allegation of a Permanent Establishment in India.
- A business in Guwahati was issued a *₹1.5 lakh fine* for operating without a valid trade license.
- Shops in *Connaught Place* will close at *6:30 pm* today amid CJP protests, following an advisory from the New Delhi Traders Association.
- The *MSME sector* has reported over *8 crore jobs* under the *UDYAM registration* portal, with the government implementing the *PM Vishwakarma Scheme* in West Bengal to support women-owned enterprises.

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