Latest Tax Updates, News, Articles & Notifications
MCA General Circular 03/2026 dated 8 July 2026 extends CCFS-2026 to 31 August 2026. File pending MGT-7, AOC-4 and other ROC returns at 10% additional fees. Who qualifies and how to file.
CBDT notifies Cost Inflation Index 384 for FY 2026-27 via S.O. 3889(E) under Section 72(8)(a) of the Income-tax Act 2025. Who can still claim indexation on capital gains and how to compute LTCG.
MCA’s AS 22 amendment (G.S.R. 169(E), 10 March 2026) exempts deferred tax on OECD Pillar Two taxes and adds new disclosures. Who must apply it and how.
No TDS on aircraft and ship lease rent paid to IFSC units: CBDT Notification 74/2026 and 75/2026 explained, with the Form 1(N) declaration process.
RBI’s 2026 ECB overhaul lets companies raise foreign debt up to USD 1 billion or 300% of net worth, with a 3-year maturity floor. Limits, lenders and reporting explained.
From FY 2026-27, Form 24Q is now Form 138 and Form 26Q is Form 140. Your Q1 TDS and TCS returns are due 31 July 2026. Full old-to-new form mapping inside.
The FEMA export realisation window is 9 months now under the June 2026 First Amendment and returns to 15 months from October 1, 2026. See which deadline applies.
CBDT Circular 06/2026 condones the delay in filing Form 10AB for Section 80G renewal where applications were filed between October 2025 and March 2026.
CGST Circular 255/01/2026-GST (25 June): pending GST notices, audits and appeals survive a jurisdiction change and pass to the new transferee officer. What to do.
RBI TReDS Directions 2026 (notified 23 June): easier MSME onboarding, a wider financier pool and one consolidated rulebook for trade-receivables discounting.
