Latest Tax Updates, News, Articles & Notifications
SEBI monitoring agency consultation paper, 13 Oct 2026: an agency for every issue, direct reports to exchanges, fines for non-cooperation. Comments by 3 Nov.
RBI FERR FAQs of 15 October 2026 explained: the five conditions for the 20% reserve, the USD 2 million test, excluded ECB and dividend hedges, and rollovers.
SEBI SME IPO consultation paper 2026 proposes a market cap test, Rs 3 crore average profit, Rs 1 lakh application and one-share lot. Comments by 4 Nov.
India Mauritius DTAA principal purpose test: CBDT Notification 135/2026 gives effect to new Article 27B from 10 August 2026. What changed and what to do.
RBI forex hedging rules October 2026: USD 5 million no-underlying limit, no rebooking of cancelled contracts, a new undertaking and a 20% FERR on large hedges.
57th GST Council recommendations of 8 October 2026: withdrawal of arrest powers, Rs 5 crore prosecution threshold, automated refunds, wider ITC and lower penalties.
CBDT Notification 134/2026 substitutes Form 161 for penalty waiver under Section 440: pay 100% or 120% additional income-tax instead of a 200% misreporting penalty.
RoDTEP scheme extended till 31 December 2026 by DGFT Notification 41/2026-27: rates and caps as on 30 Sep 2026 continue for DTA, AA, SEZ and EOU exports.
SEBI accredited investor framework 2026: the 24 Sep Board approved manager-led accreditation, a Rs 5 crore exposure test and deemed status for non-residents.
FDI in inventory-based e-commerce is now allowed for exports of Indian-made goods under NDI Rules entry 15.2.5 (S.O. 4870(E)). What it permits and what it does not.
